Friday, 21 October 2016

Modern Healthcare Breaking News

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Modern Healthcare Breaking News

Latest Breaking News from Modern Healthcare

Drug companies funnel $108 million to defeat California drug price ballot question
Thursday, October 20, 2016 5:45 PM
Proposition 61, a proposal to cap what California pays for prescription drugs at the lowest price the U.S. Department of Veterans Affairs pays, has drawn $108 million from pharmaceutical companies looking to defeat the measure.


CMS taps a dozen groups for quality improvement initiatives
Thursday, October 20, 2016 4:21 PM
The initiatives are supposed to tap into underutilized but potentially significant areas of quality improvement.


Obama calls for public option, more subsidies to improve ACA
Thursday, October 20, 2016 4:15 PM
In a speech Thursday at Miami Dade College, the president acknowledged some difficulties but said the healthcare reform law "has done what it was designed to do."


St. Joseph Health in California agrees to $2.1 million HIPAA settlement
Thursday, October 20, 2016 1:43 PM
A file-sharing application on the server had a default setting that allowed Google, other search engines and "anyone with an internet connection" access to them, according to a statement from the Office for Civil Rights at HHS.


CHS spinoff Quorum is already selling eight of its 38 hospitals
Thursday, October 20, 2016 12:38 PM
Quorum Health, the embattled hospital spinoff of Community Health Systems, has agreed to sell two of at least eight rural hospitals it has for sale to reduce debt and refine its portfolio. Quorum has deals on a 64-bed hospital in North Carolina and...


Cedars-Sinai preserves high margin with 'favorable' hospital admissions
Thursday, October 20, 2016 12:26 PM
The operating margin at Cedars-Sinai Medical Center -- the prominent, high-priced academic medical center in Los Angeles -- stayed well above industry norms last year mostly because of higher admissions.


In unusual move, CMS extends comment period on controversial Kentucky Medicaid waiver
Thursday, October 20, 2016 12:21 PM
The agency has received nearly 1,800 comments on the waiver that includes job-requirement and cost-sharing provisions. In comparison, Ohio's recent request generated 103 comments, while Arizona's drew 98 comments.


Quest revenue inches up as lab giant refocuses on diagnostic services
Thursday, October 20, 2016 12:03 PM
Revenue was up just slightly at Quest as the company restructures to focus on its core business of diagnostic information services.


Walgreens posts strong Q4 earns, but delays Rite Aid deal
Thursday, October 20, 2016 11:34 AM
Walgreens Boots Alliance earnings topped $1 billion during the fourth quarter, easily surpassing analyst expectations, but also announced a delay in closing its latest megadeal.


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