Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Cigna profits hit by CMS audit, legal fees for merger 9:15:00 AM Cigna's profit plummeted 16.9% in the third quarter of 2016 despite higher revenue and membership growth in its commercial employer business, the insurer said Thursday. Fall 2017 trial for alleged leader in $1B healthcare fraud 9:00:00 AM A fall 2017 trial date is set for a South Florida businessman accused of orchestrating a $1 billion Medicare and Medicaid fraud scheme. CMS funnels $140 million more into Medicare primary-care payments Wednesday, November 02, 2016 6:45 PM In the final 2017 physician fee schedule, the CMS announced changes to how Medicare pays for primary care that could result in an estimated $140 million in additional funding to providers, finalized a rule that publicizes data on Medicare Advantage... Surprise losses, cash crunch cause 68% drop in Adeptus shares Wednesday, November 02, 2016 5:04 PM The share price of Adeptus Health crashed 68% Wednesday after the operator of free-standing emergency departments posted a surprise $14.5 million loss from operations in the third quarter and took emergency measures to avoid a cash crunch. CHS ups hospital divestitures to 17 Wednesday, November 02, 2016 1:00 PM Community Health Systems is now working on seven transactions to sell 17 hospitals, its home-care business and other real estate, CEO Wayne Smith said during a third-quarter earnings call with analysts Wednesday. LifePoint partners with LHC Group to manage home health, hospice locations Wednesday, November 02, 2016 12:44 PM Brentwood, Tenn.-based LifePoint Health, which owns 20 home health and 10 hospice locations, has entered into a joint venture with LHC Group to manage the facilities. Open enrollment off to strong start on state, federal exchanges Wednesday, November 02, 2016 12:19 PM The Affordable Care Act's fourth open enrollment kicked off Tuesday just a week after HHS announced double-digit premium hikes for some unsubsidized exchange plans. But the news didn't seem to spook early-bird shoppers from signing up for 2017... Site-neutral pay rule leaves hospital-owned outpatient facilities with uncertain future Wednesday, November 02, 2016 11:45 AM Although the CMS relaxed some controversial provisions in its final rule on how off-campus facilities will be reimbursed by Medicare, experts say the change will still put pressure on hospitals' relationships with commercial payers and prevent them...

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