Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Kindred is exiting the skilled nursing home business 7:45:00 AM Kindred Healthcare is exiting the skilled nursing home business to focus on its better-performing home health, rehabilitation and long-term acute-care hospital units, the company announced Monday. Hospital for Special Surgery launches global initiative Monday, November 07, 2016 3:44 PM The New York-based orthopedic center is one of many U.S. hospitals and healthcare systems to seek opportunities in other countries. NYC Health & Hospitals head Dr. Ram Raju steps down Monday, November 07, 2016 3:00 PM Dr. Ram Raju, the head of New York City's public hospital system, is stepping down from the helm of the financially challenged system effective Nov. 30. CMS to pay hospitals to drop coverage appeals Monday, November 07, 2016 2:04 PM The CMS is again hoping to clear a backlog of Medicare appeals by offering to pay hospitals a portion of the denied claims if they drop pending appeals. Federal judge grants nursing-home arbitration injunction Monday, November 07, 2016 1:30 PM A judge in the U.S. District Court for the Northern District of Mississippi has granted a request by the American Health Care Association to bar the CMS from implementing a rule that bans arbitration agreements in skilled-nursing facilities. U.S. Supreme Court to hear Coventry federal employee insurance case Monday, November 07, 2016 11:35 AM The U.S. Supreme Court on Friday agreed to take up Coventry Health Care's appeal over whether insurers can recoup costs from their federal employee planholders' personal injury settlements. Philips and Masimo drop lawsuits, form partnership Monday, November 07, 2016 11:28 AM Global conglomerate Royal Philips and Masimo Corp., a maker of patient-monitoring equipment, have mended fences through a new partnership after a $467 million patent infringement suit. GOP may try to hobble CMS Innovation Center Monday, November 07, 2016 11:27 AM Several provider groups as well as pharmaceutical companies and many Republican lawmakers say the center has too much authority to implement its demonstration projects aimed at reducing costs and improving quality of care. Activist hedge fund Camber Capital is newest pursuer of CHS stock Monday, November 07, 2016 11:22 AM Shares of troubled Community Health Systems jumped more than 9% in morning trading Monday after hedge fund Camber Capital revealed that it had increased its stake in CHS to 5.5%.

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