Tuesday, 3 May 2016

Modern Healthcare Breaking News

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Modern Healthcare Breaking News

Latest Breaking News from Modern Healthcare

Rush, Cigna hatch deal to boost patient care
11:31:53 AM
It's a tough feat keeping track of people unnecessarily racking up mileage in the ER or making sure they take their medications on time. But if Rush Health in Chicago can hit certain quality measures and cut medical costs while doing so, they can...


Pfizer tops Q1 forecasts on higher sales, lower taxes
11:23:46 AM
Pfizer easily beat Wall Street expectations as the biggest U.S. drugmaker's first-quarter net income jumped 27% due to higher sales, a lower tax bill and some one-time gains. The company raised its 2016 financial forecasts, citing the strong quarter...


HCA sees slight Q1 earnings gain on bigger volumes
11:09:45 AM
Earnings at HCA Holdings rose modestly in the first quarter on increases in emergency room visits, outpatient surgeries and admissions.


Tenet ups potential payout in kickback suit to $407 million
Monday, May 02, 2016 5:39 PM
Tenet Healthcare has raised its reserves to $407 million for potential payouts to resolve a False Claims Act lawsuit involving alleged kickbacks for maternity referrals by four Georgia hospitals it once owned, the company disclosed in an earnings...


CHS looks to sell at least 10 more hospitals on slumping earnings
Monday, May 02, 2016 5:38 PM
Community Health Systems intends to divest several more hospitals this year, the company said Monday while announcing a steep first-quarter earnings decline. CHS has 10 hospitals for sale and it expects to divest its investment in a four-hospital...


Miscalculation could cost Massachusetts hospitals $160 million
Monday, May 02, 2016 3:10 PM
Massachusetts hospital leaders hope the CMS will overlook a miscalculation submitted by a small hospital there that could otherwise cost facilities across the state $160 million. Some experts, however, say the CMS may be reluctant to fix the...


Not-for-profits dominate top-10 list of hospitals with biggest surpluses
Monday, May 02, 2016 2:41 PM
Seven of the 10 U.S. hospitals with the biggest surpluses from patient care services in 2013 were not-for-profits, according to a new study based on Medicare cost reports. Gundersen Lutheran Medical Center in La Crosse, Wis., and Sutter Medical...


Northwell Health is an $8.7 billion behemoth with razor-thin margins
Monday, May 02, 2016 12:17 PM
New York state's largest health system got bigger in 2015, but Northwell Health's investments have chipped away at profit margins.


Raising Medicare eligibility age would spike overall health spending
Monday, May 02, 2016 12:14 PM
A new report in Health Affairs argues that because private insurers pay more for services than Medicare, getting people between 65 and 67 on other plans would end up increasing healthcare spending across the country.


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