Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare App developers compete for ONC's $50,000 prize 12:01:00 AM The ONC's push for greater interoperability includes the Move Health Data Forward Challenge, a competition to develop apps for sharing health information. Illinois Gov. Rauner scraps Medicaid managed care, outlines new plan Monday, February 27, 2017 4:49 PM Illinois Gov. Bruce Rauner today outlined his reboot of the state Medicaid managed care program, which he said now operates "in name only." Drugmakers pledge restraint, but prices will still soar Monday, February 27, 2017 3:44 PM Several big drugmakers are trying to quell the ongoing furor over high drug prices by revealing more information about their pricing and even pledging to keep a lid on increases.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Why Illinois Gov. Bruce Rauner's quest for Medicaid savings is a big deal 10:31:07 AM Illinois Gov. Bruce Rauner is overhauling a key Medicaid program that's intended to rein in costs, but hasn't saved enough money and has drawn the ire of doctors and hospitals alike. DMC cuts executive ranks again as Tenet reduces costs, standardizes corporate services 10:15:33 AM Tenet Healthcare Corp. is cutting top executives and expenses at its Detroit Medical Center to make it conform to the management policies that are more similar to its other 79 hospitals, Crain's has learned. Millions would lose coverage under GOP plans to cut Medicaid Sunday, February 26, 2017 4:38 PM The pressure of keeping those who obtained insurance because of the Affordable Care Act covered continues to build after state governors received a sobering report on the impact of repealing the 2010 healthcare reform law.

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare New York surgery chain to sell stakes in 10 centers Friday, February 24, 2017 4:28 PM Frontier Healthcare Holdings, which manages 15 ambulatory surgery centers in New York and New Jersey, is selling its minority ownership stakes in 10 New York surgery centers to Physicians Endoscopy. Former Summa Health official to serve as interim CEO Friday, February 24, 2017 3:13 PM Dr. Cliff Deveny will serve as Summa Health system's interim president and CEO and is "absolutely expected" to be among the candidates for a permanent new leader, according to a news release. Elliot, Darmouth-Hitchcock end latest round of affiliation talks Friday, February 24, 2017 1:47 PM Dartmouth-Hitchcock Health and Elliot Health System, both in New Hampshire, announced Friday that they had decided to end their latest round of discussions, which began in May 2016. The two systems engaged in talks for most of 2015. Reviews of doctors on physician-rating websites are few and far between Friday, February 24, 2017 12:28 PM The Yelp for doctors has yet to arrive. That's according to a new JAMA study that shows commercial websites that rate doctors are limited both in scope and usefulness. Leaked House GOP draft offers first look at ACA repeal details Friday, February 24, 2017 12:27 PM A leaked draft of the House Republican bill to repeal the Affordable Care Act would end the Medicaid expansion by 2020, spend a much larger than expected amount of money on state high-risk pools, and create premium tax credits offering 60-year-olds... Rehab provider Select Medical predicts expansion will pay off in 2017 Friday, February 24, 2017 12:15 PM Select Medical, one of the nation's largest operators of specialty hospitals and outpatient rehabilitation clinics, is hoping its rapid expansion into new markets will pay off in 2017. Start-up costs dragged down earnings last year. Uncertainty surrounds nation's largest health IT gathering Friday, February 24, 2017 11:51 AM Members of nearly every corner of the healthcare sector all seemed to share the same uncertainty during this year's Healthcare Information and Management Systems Society convention. Why this Chicago hospital is doubling down on breastfeeding Friday, February 24, 2017 11:28 AM After a five-year effort to boost its support of breastfeeding, Rush University Medical Center has obtained a prestigious "baby-friendly" designation by a World Health Organization-affiliated institution. Rush is only the fourth hospital in Chicago...

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare LabCorp acquires lab business from Providence and CHI Thursday, February 23, 2017 6:03 PM Laboratory Corporation of America Holdings just inked a major deal with two west coast providers. The lab giant is in a deals race with rival Quest Diagnostics. GOP lawmakers face tough decisions after rowdy town halls on ACA repeal Thursday, February 23, 2017 4:08 PM Some GOP lawmakers refused to face their constituents in fiery town hall meetings while others began to back track on their extreme opposition to the healthcare reform law. Will CMS' decision to extend non-ACA compliant plans help or hurt the market? Thursday, February 23, 2017 3:48 PM The Trump administration will allow insurers and consumers to extend for an additional year individual and small-group health plans that do not comply with the Affordable Care Act's coverage rules. Some say that will hurt efforts to stabilize the... Former House speaker predicts Obamacare won't be repealed Thursday, February 23, 2017 3:46 PM Former House Speaker John Boehner predicted on Thursday that a full repeal and replacement of Obamacare is "not going to happen." Trump will meet with governors worried about Medicaid funding Thursday, February 23, 2017 3:35 PM As congressional Republicans prepare to repeal and replace Obamacare, worried governors from across the country are scheduled to meet Monday with President Donald Trump to discuss healthcare reform and other issues. U.S. Supreme Court questions validity of arbitration agreements for nursing homes Thursday, February 23, 2017 12:02 PM The U.S. Supreme Court on Wednesday questioned the validity of arbitration agreements used by nursing homes in a case involving Kindred Healthcare. Tavenner, Pollack ask that ACA replacement plan tackle individual markets first, Medicaid later Thursday, February 23, 2017 11:56 AM If the Trump Administration and Congress repeal the Affordable Care Act, they ought to first fix the marketplace for individuals and put off the contentious debate of Medicaid reform for many months, association presidents Rick Pollack and Marilyn... Cigna CFO Thomas McCarthy to retire early summer Thursday, February 23, 2017 11:50 AM Thomas McCarthy will retire early summer and will be replaced by Eric Palmer, a 20-year veteran with the company who now serves as CFO for Cigna's global health, Cigna-HealthSpring, employer-based health care, group and supplemental insurance...

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare New York Gov. Cuomo joins union fight to preserve ACA Wednesday, February 22, 2017 9:45 PM At a rally in Bronx, N.Y., Wednesday, Gov. Andrew Cuomo defended the Affordable Care Act and warned that Washington, D.C., is abandoning the middle class. Larry Cash, financial chief of CHS, is retiring in May Wednesday, February 22, 2017 5:05 PM Larry Cash, the long-time chief financial officer at Community Health Systems, is retiring in May, the hospital chain announced Wednesday. Lawmakers ask HHS to junk home health prior-authorization demo Wednesday, February 22, 2017 2:52 PM Federal lawmakers from Florida are asking the Trump administration to junk a planned three-year demonstration in which beneficiaries need to get prior approval before they get home health services. Essure problems cost Bayer $413 million last year alone Wednesday, February 22, 2017 2:04 PM More than 3,700 women have filed lawsuits against the company in the U.S., alleging harm from its permanent sterilization device Essure. Piedmont taking over 27 Walgreens clinics in Atlanta Wednesday, February 22, 2017 1:09 PM Piedmont Healthcare has agreed to take over and operate 27 Walgreens in-store clinics in the Atlanta metropolitan area. Piedmont joins systems in other states which have bought or leased retail clinics meant to provide fast, convenient care for... Epic's new app program tries to connect EHR networks Wednesday, February 22, 2017 11:22 AM Epic Systems is trying to get providers' electronic health record systems connected through a new app program that uses Fast Healthcare Interoperability Resources, or FHIR. Northwestern University professor is on his fourth health venture Wednesday, February 22, 2017 11:17 AM Thomas Meade, serial entrepreneur, is on to his fourth venture,​ Ohmx, a 20-employee company in Evanston, Illinois, that​ is developing electronic handheld devices to detect proteins such as those generated from heart attacks Organ transplant programs are so prestigious, they're sparking crosstown rivalry in Chicago Wednesday, February 22, 2017 11:12 AM Nationwide, in 2016, transplants hit a record high of nearly 34,000. That year, nine Illinois hospitals performed a collective 1,208 transplants, a 23 percent jump from 2015 and the most since 2009. 65,000 providers have been cut from state Medicaid rolls Wednesday, February 22, 2017 11:00 AM A provision of the Affordable Care Act that requires providers to revalidate or recertify their Medicaid reimbursement eligibility has caused 65,000 providers to be stripped from the federal program, according to a Modern Healthcare analysis.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Anthem hopes to close Cigna deal under Trump DOJ Tuesday, February 21, 2017 7:31 PM Despite a preliminary injunction and an unwilling partner standing in the way, Anthem hopes to close its $54 billion merger with Cigna by settling with a new Justice Department under the Trump-led administration. Police responding to reports of gunfire at Houston hospital Tuesday, February 21, 2017 4:21 PM Police in Houston are responding to reports of shots fired inside a hospital at Houston's Texas Medical Center. Swedish CEO resigns after claims of pushing high neurosurgery volume Tuesday, February 21, 2017 2:58 PM The CEO of Seattle-based Swedish Health Services has resigned after facing allegations that neurosurgeons were asked to increase patient volume and perform unnecessary and invasive surgeries. Doctors, payers may dislike changes to primary-care model Tuesday, February 21, 2017 2:24 PM A tweak in the way some providers are reimbursed under a new primary-care payment model could deter providers from joining the Medicare initiative known as Comprehensive Primary Care Plus. Brazil suspends and recalls Essure Tuesday, February 21, 2017 1:21 PM Certain circumstances, including if a medical device may pose a risk to patients, allows Brazil to suspend the registration of a medical device. Bayer disagreed with the decision, which it said had been made without the company's knowledge. Home-health monitoring creates a slew of data Tuesday, February 21, 2017 12:32 PM The home is beginning to look a bit like a doctor's office, albeit a futuristic one. Blood pressure cuffs transmit readings via Wi-Fi, numbers from connected scales are displayed on tablets, and screens beam patients to their doctors in two-way... Henry Schein continues to see medical supply growth Tuesday, February 21, 2017 11:07 AM Henry Schein's medical segment continues to grow as the distributor of healthcare supplies gains market share in large group practices, including those within health systems.

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare BREAKING: White House wants to give insurers more time to file 2018 rates 10:37:42 AM The Trump administration wants to give insurers more time to file rates for 2018. Insurers have said there's too much uncertainty without a replacement for the Affordable Care Act to decide whether to stay in the exchanges created by the healthcare... Texas neurosurgeon sentenced to life for maiming patients Monday, February 20, 2017 10:16 PM Jurors sentenced a former Dallas neurosurgeon to life in prison on Monday for maiming patients who had turned to him for surgery to resolve debilitating injuries. CHS will sell 25 hospitals as annual net loss reaches $1.7 billion Monday, February 20, 2017 9:23 PM With last week's agreement to sell eight hospitals, Community Health Systems now has 25 hospitals under negotiation to sell, CHS said Monday while announcing a $220 million fourth-quarter net loss and $1.7 billion loss for all of 2016. Long wish list awaits next federal chief of health IT Monday, February 20, 2017 3:12 PM ORLANDO --- The next administrator of the federal government's office for health information technology will need to empathize with a provider community looking for answers and likely will have fewer tools to help them, according to IT experts.

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Aetna fattens shareholder payout after Humana deal fails Friday, February 17, 2017 4:38 PM Aetna is doubling the quarterly dividend it pays shareholders and buying back stock as it regroups from its failed attempt to acquire rival health insurer Humana. Small practices receive $20 million from the CMS to help with MACRA Friday, February 17, 2017 1:17 PM The awards will go to community-based organizations to provide hands-on training and education to small practices, especially those in underserved areas. Fewer baby deliveries dampen LifePoint's Q4 earnings Friday, February 17, 2017 11:45 AM LifePoint posted net income of $46.6 million in the fourth quarter down from $55.4 million in the year-earlier quarter as fewer baby births hit results. Huron picks up another healthcare strategy firm Friday, February 17, 2017 11:11 AM Huron Consulting, a Chicago-based and publicly traded firm with a lot of healthcare information technology experience, has acquired Innosight Holdings, a privately held business growth strategy consultancy in a deal with a potential total value of... Disapproval of Obama protections sparks fight over Planned Parenthood funding Friday, February 17, 2017 11:08 AM The House on Thursday voted to overturn an Obama-era rule that sought to protect providers such as Planned Parenthood from losing state funding. Abortion rights activists are revving for a fight.

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare GOP leaders unveil new ACA replacement plan, divisions remain 7:56:15 AM House Speaker Paul Ryan and other party leaders described a broad vision with a revamped Medicaid program, tax breaks to help people pay doctors' bills and federally subsidized high-risk pools for people with pre-existing conditions. DOJ joins Medicare Advantage fraud lawsuit against UnitedHealth Thursday, February 16, 2017 7:05 PM The U.S. Justice Department has joined a whistleblower lawsuit claiming that UnitedHealth Group and affiliated health plans have been gaming the Medicare program and fraudulently collecting millions of dollars by claiming patients were sicker than... Allscripts sees double-digit revenue growth in fourth quarter Thursday, February 16, 2017 5:48 PM Allscripts is better positioned than it's ever been, the CEO said. CHS sells eight hospitals to Steward Health Care Thursday, February 16, 2017 4:42 PM Community Health Systems has agreed to sell eight hospitals to subsidiaries of Steward Health Care in its single biggest divestiture package to date. Three of the hospitals are in Florida, three in Ohio and two in Pennsylvania. Alabama could lose Medicaid funding for allegedly rejecting eligible enrollees Thursday, February 16, 2017 4:37 PM The CMS may cut Alabama's Medicaid funding after once before warning state officials they can't reject people eligible for Medicaid coverage if they are found to have engaged in fraud or abuse but were never convicted of any criminal act. CHI narrows operating losses as Dignity talks continue Thursday, February 16, 2017 12:23 PM Catholic Health Initiatives posted operating losses of $75.6 million before charges in the quarter ended Dec. 31, compared with $93.7 million in the year-earlier quarter. The system is in affiliation talks with Dignity Health and in the middle of a... HHS rule delay does not slow launch of bundled-payment models Thursday, February 16, 2017 12:18 PM The Trump administration's move to delay the effective date for a rule that launched several new cardiac and orthopedic bundled-payment models under Medicare will not slow the launch of the initiatives, an HHS spokesman confirmed Thursday.

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