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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Molina Healthcare rebounds from tough start to 2016 8:45:00 AM Molina Healthcare beat profit expectations in the second quarter following a brutal start to the year, but the Medicaid managed-care insurer still reported lower overall net income. In answer to DOJ lawsuit, Anthem argues Cigna deal would boost ACA exchanges Wednesday, July 27, 2016 6:18 PM Anthem threw punches back at the U.S. Justice Department's attempt to block the insurer's acquisition of Cigna Corp. The response signals Anthem will indeed litigate the case to the end even though many analysts and policy experts say the company is... Fed stands pat while Universal Health leads hospital stocks lower Wednesday, July 27, 2016 5:31 PM Hospitals and health systems were assured another month of super-low borrowing rates as the Federal Reserve Wednesday again punted on raising interest rates. Hospital stocks fell led lower by Universal Health Services, which missed analyst... McKesson defeats proposals to disclose dark money, limit exec parachutes Wednesday, July 27, 2016 1:55 PM Shareholders at McKesson's annual meeting sided with the board and management in rejecting proposals to require greater disclosure of political contributions and limit golden parachutes for senior executives in a change of ownership. LabCorp acquires prenatal lab as earnings rise Wednesday, July 27, 2016 12:34 PM Laboratory Corporation of America announced a $371 million acquisition on Wednesday while reporting rising second-quarter profits. Insurer consultant Invoyent picked up by West Monroe Partners Wednesday, July 27, 2016 12:09 PM Consulting firm West Monroe Partners is acquiring Invoyent, a small Chicago company that provides software and consulting services to health insurers. Huron Consulting moves to acquire IT consultant HSM Wednesday, July 27, 2016 11:49 AM Huron Consulting Group is continuing a shopping spree by announcing its intent to acquire a healthcare IT consultant whose clients include Allscripts, Athenahealth, Cerner and Epic. The deal for Healthcare Services Management, or HSM, would be... Texas attorney general took gift while investigating medical imaging company Wednesday, July 27, 2016 11:32 AM Texas Attorney General Ken Paxton, who is under indictment on felony charges of duping investors in a tech startup, accepted $100,000 for his criminal defense from the head of a medical imaging provider while his office investigated the company for...

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