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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare California governor preserves Medi-Cal funding in budget trims Friday, May 13, 2016 6:45 PM California Gov. Jerry Brown trimmed the state's proposed budget for fiscal 2017 after projecting a decrease in tax revenue for the coming year, but awarded more money for value-based payment initiatives and behavioral health programs. FDA finalizes reporting rule for antibiotic use in livestock Friday, May 13, 2016 5:00 PM Manufacturers of antibiotics used in food-producing animals must now provide their estimated sales, by species, of the drugs they sell and distribute for that purpose, according to a final rule from the Food and Drug Administration. CMS indicates support for device identifiers in claims data Friday, May 13, 2016 4:58 PM While testifying before the House Ways and Means Health Subcommittee this week, CMS Acting Administrator Andy Slavitt appeared to soften the agency's opposition to including identifiers and said it is an idea that "has merit." Five ways House v. Burwell could affect exchange plans if the ruling stands Friday, May 13, 2016 3:20 PM The White House is sure to appeal its loss in a lawsuit brought by House Republicans alleging the administration can't spend money on the Affordable Care Act's cost-sharing subsidies without congressional appropriations. If the decision holds,... Verity Health System starts cutting costs as patient volume shrinks Friday, May 13, 2016 3:11 PM The new managers of Verity Health System have begun the hard task of restoring the six-hospital group back to profitability. But while they're getting a handle on costs, they still need to reverse declines in patient volume. HHS finalizes transgender anti-discrimination rule Friday, May 13, 2016 1:00 PM HHS has finalized a rule that bans discrimination against transgender people. The final rule comes as the U.S. Justice Department's fight with North Carolina over transgender rights heats up. Wheaton Franciscan loses a total of 16 executives in Ascension merger Friday, May 13, 2016 11:55 AM Among those leaving are CMO Dr. Rita Hanson, CIO Greg Smith, CNO Dr. Brenda Bowers and James Gresham, a senior VP of continuing care and clinical operations. Wheaton agreed in March to make its operations and related corporate services in southeast... Johns Hopkins chooses Redonda Miller as first female president Friday, May 13, 2016 11:53 AM Miller, 49, will become the first female president in Johns Hopkins' history when she takes the reins on July 1, according to a release. She replaces Ronald Peterson, who had been at the helm for 19 years. Healthcare starting to shake off M&A hangover Friday, May 13, 2016 11:50 AM Healthcare merger and acquisition activity is behind the record pace of a year ago. But the second half of 2016 should be busier, led by companies looking to buy rivals to grow and gain complementary products rather than by equity investors,...

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