Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Pfizer net plunges 38 pct., misses Street 3Q forecasts 11:45:29 AM Drugmaker Pfizer's third-quarter profit plunged 38 percent as higher spending and a slew of acquisition-related charges more than offset higher sales, sending its shares down before the stock market opened. BREAKING: CMS awards new contracts for recovery audit contractors; CGI is out 11:30:00 AM The CMS has awarded five new contracts for Medicare's controversial recovery audit contractor program. Veteran contractor CGI Group will not return. Analysis: Decision time in Advocate/NorthShore merger battle 9:00:00 AM Advocate Health Care and NorthShore University HealthSystem are coming closer to a crucial decision. Is their desire to merge, creating one of the largest not-for-profit health systems in the nation, worth the expensive, time-consuming battle? Digital tools recreate in-person doctor visit 1:01:00 AM Health insurers, medical providers and employers are increasingly offering telehealth services to patients as a convenient, less expensive alternative to doctor and emergency room visits. But the number of patients taking advantage of virtual care... Merger decisions sealed fate of troubled TeamHealth Monday, October 31, 2016 7:08 PM It took more than a year, but two merger decisions–one completed and one rebuffed–ultimately led to the announced sale of TeamHealth to the Blackstone Group. The purchase of IPC Healthcare and the rejection of a merger offer from AmSurg... Tenet reports earnings loss, shares fall slightly Monday, October 31, 2016 5:35 PM Tenet shares fell by 4.6% after hours from $20.33 cents to $19.71 after it reported a net loss of $9 million for the third quarter. CMS to slash $130 million in Medicare home health pay Monday, October 31, 2016 5:31 PM Home healthcare agencies will see a 0.7% drop in Medicare reimbursement in 2017, the final year of cuts meant to recoup previous overpayments. Lame-duck session might be last hope for 21st Century Cures Act Monday, October 31, 2016 4:32 PM Advocates hope the biomedical innovation legislation can finally get a vote in the Senate after the election, despite recent calls to wait until it can be changed to include language on lowering prescription drug prices. Appeals court revives FTC's bid to block Advocate/NorthShore merger Monday, October 31, 2016 2:45 PM The antitrust battle over Advocate Health Care and NorthShore University HealthSystem's proposed merger isn't over yet, as a federal appeals court in Chicago on Monday sent the Federal Trade Commission's challenge back to trial. Number of kids hospitalized over opioid abuse has doubled in a decade Monday, October 31, 2016 2:25 PM The opioid abuse epidemic that has been responsible for a record number of drug overdoses among adults over the past decades has had similar effects among youth, according to a new study.

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