Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare BREAKING: Chinese billionaire buys more CHS stock 11:15:00 AM Chinese billionaire Tianqiao Chen has purchased about 929,800 more shares of Community Health Systems, raising his stake in the troubled hospital chain to 13.8% of the shares outstanding, according to a regulatory filing Wednesday. Maryland group attacks high cost of prescription drugs 8:45:00 AM The Maryland Citizens' Health Initiative, a coalition of more than 1,200 religious, labor, business and policy groups seeking quality and affordable health care, wants the state Legislature to address that financial burden by overhauling some of the... Former Tuomey CEO to personally pay $1 million to settle False Claims Act case Tuesday, September 27, 2016 6:30 PM The former CEO of Tuomey Healthcare will personally pay $1 million to resolve his involvement in entering physician compensation arrangements that led to one of the largest-ever Stark law cases. New initiative provides tools for health systems to re-invest in impoverished communities Tuesday, September 27, 2016 3:04 PM A new initiative launched Tuesday aims to go beyond community benefit programs to give hospitals incentives to use their hiring, purchasing and investing power as a means of revitalizing underserved communities to improve the health of their... Aetna makes large bet on wellness with Apple Watches Tuesday, September 27, 2016 2:46 PM Apple Watches are becoming near-ubiquitous in healthcare and the corporate world, and health insurer Aetna is now investing heavily in the wellness promises of the device. MedPAC questions validity of CMS' hospital star ratings Tuesday, September 27, 2016 1:19 PM The panel, which advises Congress on Medicare spending, will develop its own quality measures and a corresponding payment structure. WebMD ousts CFO amid management shake-up Tuesday, September 27, 2016 12:30 PM Just a week after choosing a new CEO, WebMD Health Corp. is ousting CFO Peter Anevski. A company spokesman declined to comment on Anevski's departure. FTC wins appeal to halt Penn State Hershey/PinnacleHealth merger Tuesday, September 27, 2016 12:30 PM A federal appeals court on Tuesday ordered Penn State Hershey (Pa.) Medical Center and PinnacleHealth System to pause their merger as the Federal Trade Commission reviews antitrust concerns about the deal, reversing the agency's prior loss in the... The FDA's revolving door raises ethical questions Tuesday, September 27, 2016 11:37 AM An analysis of 55 FDA medical officers, who review and approve drugs, found that more than a quarter went on to work for the pharmaceutical industry, bolstering concerns about ethical conflicts and the efficacy and quality of drugs. Roper St. Francis picks Lorraine Lutton as next CEO Tuesday, September 27, 2016 11:34 AM Roper St. Francis, a three-hospital system in Charleston, S.C., that is building a fourth hospital, has selected Lorraine Lutton as its next CEO. Lutton, a quality expert who is president of St. Joseph's Hospital in Tampa, Fla., is replacing the...

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