Wednesday, 3 August 2016

Modern Healthcare Breaking News

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Modern Healthcare Breaking News

Latest Breaking News from Modern Healthcare

CMS finalizes controversial hospital overpayment cut
Tuesday, August 02, 2016 6:00 PM
The CMS has finalized a controversial 1.5% cut to acute-care hospital reimbursement. The reduction is meant to recoup a total of $11 billion in overpayments tied to incorrect coding.


Private insurers see 3,200% increase in claims related to opioid dependence
Tuesday, August 02, 2016 2:54 PM
The number of claims made to private health insurers that include a diagnosis of opioid dependence rose by more than 3,200% in the past decade, according to a report released Tuesday.


Advocate, NorthShore say FTC can't win merger battle appeal
Tuesday, August 02, 2016 1:31 PM
Advocate Health Care and NorthShore University HealthSystem say the Federal Trade Commission has no economic or factual basis to continue challenging a proposed merger between the two systems.


CHS posts $1.43 billion loss on massive write-down of assets
Tuesday, August 02, 2016 1:28 PM
Community Health Systems posted an eye-popping $1.43 billion loss from continuing operations in the second quarter as the hospital giant took a $1.42 billion noncash write-down of goodwill of its assets. Revenue, admissions, cash and adjusted EBITDA...


Aetna may pull back from health exchanges
Tuesday, August 02, 2016 1:25 PM
Aetna announced Tuesday an about-face on plans to expand its presence on public healthcare exchanges. It is also re-evaluating its participation on 15 state exchanges. The announcement comes on the heels of the Justice Department's challenge to...


Retail pharmacies say Express Scripts stole prescriptions and profits
Tuesday, August 02, 2016 12:30 PM
Five retail pharmacies are suing Express Scripts for allegedly using its pharmacy benefit management business to pilfer billions of dollars of high-profit prescriptions and patients for its mail order pharmacy.


Doctors fear recent Zika cases will bring flood of worried patients
Tuesday, August 02, 2016 12:28 PM
Health professionals worry the first locally transmitted cases of Zika virus within the continental U.S. will cause an unnecessary increase in patient visits that could delay care for those with more severe conditions.


Christus St. Michael team tackles millennial workforce transition
Tuesday, August 02, 2016 12:21 PM
With millennials now the largest age group in the workforce, health systems need to learn more about what makes them tick, a father and daughter team told attendees Tuesday at the Modern Healthcare Women Leaders in Healthcare conference.


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