Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Foreign​ ventures​ help​ academic​ systems​ boost​ brand,​ revenue 1:01:00 AM Big academic medical centers have found partnerships overseas allow them to enhance their brand awareness and provide an added source of revenue. Would CHS sell its 'crown jewel' hospitals in Fort Wayne? Friday, May 19, 2017 6:03 PM The face of Community Health Systems would change dramatically if the hospital giant accepted a physician-led buyout offer for its eight hospitals in Fort Wayne, Ind. The eight hospitals that comprise the Lutheran Health Network generate 15% to 20%... DOJ's Medicare Advantage lawsuits, investigations likely to change insurance culture Friday, May 19, 2017 6:00 PM The Department of Justice's increased focus on investigating alleged fraud in the Medicare Advantage program is likely to change the way insurers do business, according to lawyers who specialize in False Claims Act suits. CMS selects four new markets for primary-care payment initiative Friday, May 19, 2017 4:40 PM The CMS is doing a more limited expansion than anticipated of a primary care model that pays practices a monthly fee to manage care for patients. Steward Health Care plans to acquire Iasis Healthcare Friday, May 19, 2017 4:00 PM The combined 36-hospital Steward and Iasis health system would have an estimated revenue of $8 billion and nearly 7,500 patient beds across 10 states with approximately 38,000 employees. Mercy pays $34 million to settle Medicare fraud, physician compensation claims Friday, May 19, 2017 3:55 PM Two Mercy hospitals have agreed to pay $34 million to settle claims that they fraudulently billed Medicare due to improper physician compensation practices. Texas Senate loosens virtual care requirements Friday, May 19, 2017 1:30 PM The Texas legislature has sent a bill to the governor's desk that will end a long-running battle over the state's telemedicine requirements and open the door for broader virtual care. Activist hedge fund takes a 9.2% stake in Athenahealth Friday, May 19, 2017 1:19 PM Elliott Management bought shares in the company earlier this month, just a week after the company announced disappointing first-quarter financial results. Brinkley resigns as CEO of KentuckyOne Friday, May 19, 2017 1:00 PM Ruth Brinkley has resigned as CEO of KentuckyOne Health one week after the struggling health system announced that it is selling its Louisville hospitals to focus on other markets. Long-time Louisville hospital administrator Chuck Neumann will...

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