Friday, 18 March 2016

Modern Healthcare Breaking News

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Modern Healthcare Breaking News

Latest Breaking News from Modern Healthcare

Verity Health System's new leadership goes to work on turnaround plan
Thursday, March 17, 2016 7:02 PM
Verity Health System, the hospital group formerly known as Daughters of Charity, is undertaking a three-prong improvement plan to turn around its struggling operating performance.


Vermont first state to file waiver request to duck ACA regulations
Thursday, March 17, 2016 5:00 PM
Vermont has filed a so-called 1332 state innovation waiver to avoid building a website for its small business insurance exchange. The request is narrow, and the states overall appear to be taking a conservative approach to the Affordable Care Act's...


Presence Health in talks with lenders after 2015 losses
Thursday, March 17, 2016 5:00 PM
Presence Health is negotiating with lenders after billing and collection failures left the Chicago-based health system in violation of its borrowing agreements.


Johnson & Johnson must pay $502 million over hip devices
Thursday, March 17, 2016 3:39 PM
A federal jury decided Thursday that Johnson & Johnson must pay five Texans $502 million for injuries caused by defective hip replacement devices. The outcome could affect how similar cases filed by another 7,000 plaintiffs are resolved.


Toshiba selling medical unit to Canon
Thursday, March 17, 2016 3:14 PM
Toshiba Corp., a manufacturer of imaging equipment, is selling its medical unit to Canon for about $6 billion. The move comes as Toshiba looks to reorganize and refocus its business in an effort to improve its ailing finances.


Lawmakers challenge Turing executives on drug price hikes
Thursday, March 17, 2016 3:14 PM
The former top lawyer for Turing Pharmaceuticals said Thursday that he and other executives warned Martin Shkreli against the drastic price hike that triggered a national backlash against the company and its 32-year-old former CEO.


Volatile markets bring investment losses, opportunities for not-for-profit hospitals
Thursday, March 17, 2016 2:39 PM
The nation's not-for-profit hospital operators have billions of dollars in reserves invested in stocks, bonds, private equity and hedge funds. And, like investors everywhere, they have seen recent volatility deliver eye-popping losses -- and new...


Blog: Socio-economic factors impact hospital readmissions
Thursday, March 17, 2016 11:55 AM
Socio-economic factors such as income, race, gender and age can predict whether a patient will be readmitted within 30 days of discharge from a hospital, according to a study.


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