Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Novartis profits dip as generic rival challenges cancer drug 8:00:00 AM Swiss pharmaceuticals maker Novartis says net income from continued operations fell 13% in the first quarter as generic competition cut into sales of Gleevec, one of the first very effective cancer medicines. Bipartisan bill would trim Meaningful Use periods to 90 days Wednesday, April 20, 2016 7:38 PM A bi-partisan group of U.S. Senators and Representatives have introduced a bill to limit to 90 day meaningful use reporting periods for hospitals, physicians and other eligible professionals. Blog: In Arkansas, saving Medicaid expansion requires killing it first Wednesday, April 20, 2016 6:32 PM The Arkansas Senate voted to kill the state's successful Medicaid expansion. The House is set to do the same Thursday. But it's all political maneuvering to get around conservative Republicans. Stryker earnings rise due to lower recall charges, taxes Wednesday, April 20, 2016 6:25 PM Devicemaker Stryker Corp. reported a significant jump in first quarter earnings following a drop in recall-related charges and lower taxes. CMS delays new hospital quality ratings amid pressure from Congress, industry Wednesday, April 20, 2016 2:45 PM The CMS postponed the release of new overall quality star ratings for U.S. hospitals one day before their scheduled reveal, bowing to pressure from lawmakers and industry stakeholders. The ratings are now slated to be published in July, the CMS said... Kaiser Permanente drops $525 million contract with Owens & Minor Wednesday, April 20, 2016 12:02 PM Kaiser Permanente has dropped its $525 million contract with Owens & Minor for medical-surgical supply distribution, marking the second time that the supplier has reported a major contract loss in less than a year. EmblemHealth to lay off workers Wednesday, April 20, 2016 12:00 PM EmblemHealth issued layoff notices to 250 staff members, effective in 90 days, kicking off a potentially ugly fight between the insurer and its workers. Emblem is hiring TriZetto in a bid to save money by automating processes and upgrading... Anthem's feud with Express Scripts gets uglier Wednesday, April 20, 2016 11:59 AM Express Scripts Holding Co. has turned the tables on Anthem, blasting the health insurer in a new lawsuit by arguing Anthem is the party at fault for the deterioration of their drug pricing agreement. Opioid abuse costs U.S. employers $18 billion in sick days and medical expenses Wednesday, April 20, 2016 11:54 AM Opioid abuse could be costing U.S. employers about $18 billion a year in lost productivity and medical expenses, according to a study that also finds employers are paying for one-third of opioid prescriptions that end up being abused. House moves opioid bills forward but funding still a question Wednesday, April 20, 2016 11:53 AM Representatives had discussions about funding needs that echoed arguments in the Senate for legislation to improve access to treatment for those who overuse opioids.

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