Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare GSK names Emma Walmsley as new chief executive 11:31:25 AM Drugmaker GlaxoSmithKline says Emma Walmsley will be the company's new chief executive, replacing Andrew Witty when he retires next March. Allergan targets liver disease drugs with Tobira acquisition 11:26:38 AM Botox-maker Allergan is bulking up its drug pipeline by acquiring Tobira Therapeutics Inc. and two potential liver disease treatments in a deal that could be worth almost $1.7 billion. Ascension moves to national brand, launches marketing campaign 8:00:00 AM Ascension, the national Catholic hospital giant, is launching its largest ever advertising and marketing campaign to rebrand all of its hospitals with the Ascension name. Ascension also has reorganized into two divisions. Private equity firm Apollo Global reportedly vying for CHS assets 12:28:48 AM Apollo Global Management, a private equity group behind 18-hospital RCCH Health Partners, is in talks to acquire Community Health Systems' assets, according to Reuters. Skilled-nursing facility operator, execs pay $30M over improper Medicare, Tricare billing Monday, September 19, 2016 3:44 PM A skilled-nursing facility company in California and two of its executives will pay $30 million to settle allegations that they charged the government for medically unnecessary rehabilitation therapy services. CMS' voluntary bundled-payments program delivers mixed results Monday, September 19, 2016 3:14 PM Because the Bundled Payments for Care Improvement initiative is so new -- and purely voluntary -- it is too soon to draw broad conclusions about bundled payments' effectiveness in improving healthcare quality while lowering costs. Hospitals, states say proposal to change uncompensated-care calculations is illegal Monday, September 19, 2016 2:23 PM Hospitals and states say a proposed change to the way Medicaid pays hospitals that serve high levels of Medicaid and uninsured patients could be illegal and would destabilize safety net hospitals if finalized. FDA tentatively approves first drug for muscular dystrophy Monday, September 19, 2016 12:35 PM The FDA has granted tentative approval to a highly contested drug for muscular dystrophy that has become a flashpoint in the debate over patient access to experimental medicine. Dignity Health, Catholic Health Initiatives launch precision medicine partnership Monday, September 19, 2016 12:03 PM The not-for-profit systems have teamed up to offer patients treatment based on their individual genetic profile using precision medicine, a care model the Obama administration has advocated for as part of its Precision Medicine Initiative. LabMD warns FTC decision creates overbroad data-security power Monday, September 19, 2016 11:59 AM LabMD has called on the agency to hold off on enforcing its ruling that the company's data-security practices violated federal law, claiming it has been irreparably harmed by the FTC's decision, which it said was "unconstitutional, unsupported by...

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