Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare What's the right Rx for lowering hospital readmissions? 11:27:32 AM Skilled nursing facilities are changing their operations due to a big healthcare buzzword: readmission rates. Worried about losing out on Medicare payments, some facilities are investing in unique approaches. Florida healthcare admin charged in $1B Medicare fraud case 9:09:48 AM The healthcare administrator accepted bribes in exchange for helping a nursing home owner accused of orchestrating a $1 billion Medicare and Medicaid fraud scheme keep his license, federal prosecutors said. House moves to extend choice program, end VA budget crisis 9:04:43 AM The U.S. House of Representatives overwhelmingly approved a $3.9 billion emergency spending package to address a budget shortfall at the Department of Veterans Affairs that threatens medical care for thousands of veterans. Google's sister company sets out to bug mosquitoes 1:01:00 AM In a bid to decrease the skeeter population in Fresno County, Calif., Verily this month began releasing 1 million male mosquitos every week for 20 weeks. But don't bug out, it's less itchy than it sounds. Guest Commentary: Administrative simplification is the first step toward comprehensive health reform 1:01:00 AM No comprehensive approach to healthcare reform has the support needed to pass in this deeply divided Congress. Desperately needed administrative simplification of the rule-bound U.S. healthcare system would be the perfect solution.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare With ACA repeal dead, shoring up the individual market moves to center stage Friday, July 28, 2017 6:07 PM The dramatic collapse of the GOP's efforts to repeal and replace the Affordable Care Act have, for now, minimized the threat of significant Medicaid funding cuts. All eyes now turn to what the Trump administration and Congress will do about a shaky... Medicaid patients less likely to take their HIV meds than commercial beneficiaries Friday, July 28, 2017 5:00 PM More than two-thirds of Medicaid patients living with HIV fail to adequately adhere to their antiretroviral medications, according to a new study, raising concerns that it could make those patients increasingly difficult to treat. Slowing admissions ding physician staffing giant Mednax in Q2 Friday, July 28, 2017 4:59 PM Mednax missed its second-quarter earnings guidance on the same slowing in hospital services that hit investor-owned hospital chains. Slow organic growth puts M&A pressure on hospital chains Friday, July 28, 2017 4:21 PM For-profit hospital M&A has gotten a boost from slowed admissions tied in part to the mechanics of Obamacare. MetroHealth creates executive role for ethics Friday, July 28, 2017 4:15 PM MetroHealth appointed Cheryl Forino Wahl to its newly created role of senior vice president and chief ethics and compliance officer, which aims to validate that the system's policies and practices reflect an ethical culture in which employees do... HHS seeks applications for new health IT committee Friday, July 28, 2017 4:00 PM Would-be members of the Health Information Technology Advisory Committee have just a few days to get their applications in to the Office of the National Coordinator for Health Information Technology, as the Aug. 4 deadline approaches. Disparities in healthcare access declined under ACA Friday, July 28, 2017 12:14 PM Low-income people saw significant insurance coverage gains under the Affordable Care Act, tightening the wide gap in healthcare access among people of different socio-economic status. Cerner sees record level of bookings in Q2 Friday, July 28, 2017 12:00 PM Riding high second-quarter earnings, the EHR vendor's president said he was skeptical about whether newcomers to the EHR market would be able to break through.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare McCain, Murkowski, Collins kill 'skinny' ACA bill 2:00:00 AM For the third time in three days, a majority of Republicans failed to coalesce around a way to repeal and replace Obamacare, as three centrist Republicans voted no on a "skinny repeal." Editorial: Pull the plug on this monstrosity 1:01:00 AM If McConnell and President Donald Trump can pass anything on healthcare, it will not be because the legislation was made palatable. It will be because the moderates accepted Band-Aids for the grievous wounds inflicted on their neediest constituents. Communist-era kitsch comforts dementia patients in former East Germany 1:01:00 AM A retirement home in Dresden, Germany has found a way to increase the happiness and well-being of residents suffering from dementia, design it to look like the era they remember best. Q&A with Shapiro: 'Rise to the occasion and make a difference' 1:01:00 AM Lou​ Shapiro,​ a​ veteran​ healthcare​ executive​ who​ previously​ served​ as​ c... Back office relief: Automating the arcane world of device warranties 1:01:00 AM The constant, complicated stream of administrative documents flooding healthcare providers' back offices involved in fulfilling purchase orders, replacing equipment and tracking warranty credits can pose significant financial risks, but new software... Billions in federal uncompensated care funds to be cut starting in October Thursday, July 27, 2017 6:51 PM The CMS has issued a proposed rule to begin cuts called for in the ACA to reduce federal uncompensated care funds to hospitals. RWJBarnabas Health and Rutgers form partnership Thursday, July 27, 2017 5:15 PM Reflecting the ongoing transformation of the hospital landscape, RWJBarnabas Health and Rutgers University are forming a partnership that will result in the largest academic healthcare system in New Jersey. Aetna slapped with shareholder lawsuit over ACA exchange exits Thursday, July 27, 2017 5:00 PM Shareholders allege that national health insurer Aetna's decision to exit exchanges in 11 states in 2017 under false pretenses hurt their investment and the company's bottom line. Healthcare deals dip with hospitals bucking the trend Thursday, July 27, 2017 4:00 PM Mergers and acquisitions across the healthcare industry slowed slightly in the second quarter -- with the exception of hospitals -- but continue at a rapid pace as organizations look to scale up to insulate themselves from looming policy... Senate parliamentarian rules against another key piece of the GOP repeal bill Thursday, July 27, 2017 2:00 PM The Senate parliamentarian has made it harder for Republicans to pass an ACA repeal bill after finding that several of the proposal's provisions violate budget reconciliation rules.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare UHS, like HCA, unveils flat Q2 earnings Wednesday, July 26, 2017 9:14 PM Universal Health Services missed analyst expectations and reduced its annual earnings guidance after income from operations in the second quarter matched that of a year ago. Researchers boost cancer screening rates visiting NYC barbershops Wednesday, July 26, 2017 7:00 PM Hospitals have found success engaging patients within such community institutions as libraries and farmers markets, and now a team of outreach specialists have taken it a hair further by hanging out at barbershops. CHS estimates $131 million operating loss in Q2 Wednesday, July 26, 2017 6:45 PM Community Health Systems suffered 2.5% admission drop as operating losses continued into the second quarter, according to a preliminary earnings report. The results were laden with special expenses as the chain divests hospitals to reduce its $15... Even a 'skinny' Obamacare repeal prospect alarms insurers Wednesday, July 26, 2017 6:00 PM As Senate Republicans consider taking up a slimmed-down version of their ACA repeal bill that would preserve health insurance subsidies and Medicaid expansion, several insurers warn it could grievously damage the individual market. Senate fails to pass ACA repeal and delay bill Wednesday, July 26, 2017 5:00 PM Another failed vote reveals the deep divide between Senate Republican moderates and the conservative flank on how to repeal and replace Obamacare. Unsure of the future, states guess their way through 2018 rate filing season Wednesday, July 26, 2017 5:00 PM State regulators and insurers are in the homestretch of preparing rates for 2018. The federal government's month-by-month approach, however, to cost-sharing reduction payments creates a risky situation for payers, providers and consumers. Express Scripts' profit grows despite dwindling revenue from Anthem Wednesday, July 26, 2017 4:13 PM The largest pharmacy benefit manager in the country will lose Anthem's business in 2019, which is a sizable chunk of its business. For now, it's riding increasing specialty drug claims and home delivery revenue to an 11% second-quarter profit... HIMSS names Wolf as new CEO Wednesday, July 26, 2017 2:00 PM Harold Wolf III will succeed H. Stephen Lieber, who's served in the role for over 17 years. Hospitals can expect financial pain from EHR installs Wednesday, July 26, 2017 2:00 PM During the first year of EHR installations, the median decline in operating cash flow for hospital systems is 10%, with a 6% falloff in days cash on hand, Moody's said in a new report. Anthem warns of more marketplace exits, hints at future M&A opportunities Wednesday, July 26, 2017 1:00 PM Anthem, one of the biggest marketplace players, said it will exit more ACA exchanges in 2018 if it doesn't feel certain that the Trump administration will fund cost-sharing reduction subsidies. That would be a major blow to exchanges.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Uber could improve access for addiction recovery 11:25:52 AM Transportation is the largest barrier for people seeking and receiving addiction treatment. A new pilot program shows offering free Uber transportation for addiction patients could help improve attendance rates for assessment and treatment... Cleveland Clinic, Boston Children's Hospital partner on pediatric heart care 11:16:00 AM Boston Children's Hospital and Cleveland Clinic are working together to provide complex pediatric heart services through the Clinic's national network, which offers curated providers and services directly to national employers and payers. Senate parliamentarian finds two more GOP repeal provisions breach reconciliation rules Tuesday, July 25, 2017 8:00 PM The Senate parliamentarian made it harder Tuesday for Senate Republicans to pass two additional provisions of their bill to replace the Affordable Care Act. CMS proposes chopping $1 billion from home health reimbursement over two years Tuesday, July 25, 2017 7:00 PM CMS is proposing drops in reimbursement rates for home healthcare agencies equaling $80 million in 2017 and $950 million in 2019. Drug prices expected to rise nearly 8% next year Tuesday, July 25, 2017 5:00 PM Drug prices continue to rise faster than the medical inflation rate, largely due to sharp spikes in branded drug prices that have caused providers to work around optimal treatments and forced patients to avoid taking costly medications. Disabled Medicare enrollees are not getting the same care as able-bodied ones Tuesday, July 25, 2017 5:00 PM Disabled Medicare beneficiaries are getting worse screening compared with able-bodied enrollees, according to the CMS. The agency has found that beneficiaries age 65 and older reporting disabilities were less likely to receive mammography screenings... House passes bill to allow private accreditors to certify dialysis centers Tuesday, July 25, 2017 5:00 PM The U.S. House of Representatives unanimously passed a bipartisan bill on Tuesday that would allow private accreditation organizations to certify dialysis facilities. But experts are concerned that the change could threaten patient safety. The road to repealing Obamacare Tuesday, July 25, 2017 4:32 PM As the Senate moves forward with debate on its Affordable Care Act repeal and replace plan, Modern Healthcare is taking a look back at the winding path of healthcare reform this year. First Senate ACA repeal vote fails as debate begins Tuesday, July 25, 2017 4:00 PM Senate Republicans' first vote to repeal and replace Obamacare came nowhere close to passing Tuesday night after hours of debate on their yearslong pledge to tear down the healthcare law.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare HCA feels pinch of slowing admissions 11:27:40 AM HCA posted flat earnings in its second quarter as growth in admissions and emergency room visits slowed to a meager 1% at the nation's largest hospital chain. House fails to pass $2 billion VA Choice funding bill 10:46:57 AM Because of House rules requiring a two-thirds majority to pass a bill without normal debate, an effort to get the VA Choice program funded before the August recess failed Monday night. Centene's Q2 earnings buoyed by exchange membership growth 10:36:58 AM Centene posted strong second-quarter earnings growth Tuesday on a 10% increase in revenue and 7% rise in membership over the prior-year quarter. Growth was fueled by new exchange business. GOP sets Senate healthcare vote buoyed by McCain return 8:43:41 AM Republican leaders are steering the Senate toward a crucial vote on their bill eviscerating much of President Barack Obama's healthcare law, buoyed by the near theatrical return to the Capitol of the ailing Sen. John McCain. Providers say proposed extra Medicaid funding for commercial plans may not work 12:00:00 AM Providers and policy experts think it's unlikely offering low-income people commercial plans will give them affordable coverage comparable to Medicaid's comprehensive benefits. Molina to lay off 10% of its workforce Monday, July 24, 2017 7:25 PM Medicaid health plan Molina Healthcare intends to lay off 1,400 employees, or 10% of its workforce, over the coming months to try to offset losses from its Obamacare exchange business, the company said in an internal memo to employees Monday. HHS to conduct a study to determine rate of mental illness in U.S. Monday, July 24, 2017 7:00 PM The HHS is planning to launch a national evaluation to determine how prevalent mental illness is in the United States. Its results could lead to a seismic shift in the practice of medicine, clinicians say. Trump warns that a no vote on healthcare reform bill says 'you're fine with the Obamacare nightmare' Monday, July 24, 2017 6:00 PM President Donald Trump, with families behind him representing "Obamacare victims," warned Republican senators: "Any senator who votes against starting debate is telling America that you are fine with the Obamacare nightmare." The doctor will see you now—for $25,000 Monday, July 24, 2017 12:50 PM Imagine your next doctor's visit taking place in a sleek River North neighborhood space in Chicago where you also have the option for a high-intensity group workout and a cold-brew coffee. KKR to buy WebMD for $2.8 billion Monday, July 24, 2017 12:00 PM KKR, the private equity giant that sold most of its stock in HCA a year ago, agreed Monday to acquire WebMD for about $2.8 billion, KKR announced Monday.

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Sweat​ could​ fuel​ next​ generation​ of​ wearable​ sensors 1:01:00 AM The next big biofuel source could be the most locally sourced yet—it'll come from your own skin. Q&A: 'A woman has to put in twice as much effort as a man' 1:01:00 AM Healthcare is doing better when it comes to closing the gender gap, but it's not where it needs to be, Dr. Halee Fischer-Wright, CEO of the Medical Group Management Association, says in an interview with Modern Healthcare. Primary​ care​ doc​ pay​ rises​ with​ demand, but​ the industry disparity​ is​ still​ large 1:01:00 AM One of the lingering challenges to recruit more individuals to pursue a career in primary care has been the large wage differential found between those specialties and more specialized clinical fields. Magical?​ Maybe.​ But Lucky Charms cereal is​ still​ artificially​ flavored 1:01:00 AM General Mills tried for two long years, but couldn't figure out how to manufacture the "magically delicious" cereal without artificial colors and flavors.

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Parliamentarian's rulings jeopardize Senate GOP repeal bill Saturday, July 22, 2017 6:47 PM Senate Republicans suffered a big setback in passing their bill to repeal and replace the Affordable Care Act when the Senate parliamentarian issued rulings Friday that make it more difficult to pass key provisions on a party-line majority vote.

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Investors wait to see if hospitals held admission volumes in Q2 1:01:00 AM Investors will be watching beginning this week to see if hospitals maintained admission and outpatient volumes during the second quarter. No signs of relief: Rural providers remain on edge over ACA'S uncertain future 1:01:00 AM The GOP-backed effort to repeal the Affordable Care Act may be losing steam for now. That's good news for rural hospitals, but the rural sector's problems are far from resolved. N.H. governor slams state's waiver proposal to stabilize market Friday, July 21, 2017 5:27 PM Facing the potential for high premium increases, New Hampshire will seek a waiver allowing it to create a high-risk fund for individuals on the marketplace. The state's Republican governor immediately pushed back on the proposal, and he could... Want top hospital posts and pay? Prepare, ask and be willing to walk Friday, July 21, 2017 5:11 PM Women hospital executives can start closing the pay gap with their male counterparts by truly negotiating compensation rather than accepting first offers, C-suite hospital executives said this week at the Modern Healthcare Women Leaders in... Baxter and Claris settle FTC merger challenge by divesting products Friday, July 21, 2017 4:59 PM Drugmakers Baxter International and Claris Injectables agreed to divest two pharmaceutical products to settle Federal Trade Commission antitrust concerns over Baxter's proposed $625 million acquisition of Claris' injectable drugs business. Editorial: Eight reasons why the GOP healthcare bill ultimately failed Friday, July 21, 2017 4:49 PM Asked about his Bay of Pigs fiasco, President John F. Kennedy responded, "Victory has 100 fathers and defeat is an orphan." The opposite is true for the latest iteration of the GOP healthcare bill, which would have eliminated insurance coverage for... Hospitals see improved outcomes, lower costs as blood transfusions drop Friday, July 21, 2017 3:43 PM Blood transfusions have been a long-standing practice at health systems, despite known complications, and are believed to improve patient outcomes. A new study finds the costs and potential risks associated with the procedures outweigh the benefits. Athenahealth recovers after a less-than-stellar first quarter Friday, July 21, 2017 1:00 PM Following a disappointing first quarter, Athenahealth reported that its operating income back in the black in the second quarter, with a 15% uptick in revenue. LinkedIn joins effort to strengthen health IT sector in northeast Ohio Friday, July 21, 2017 1:00 PM LinkedIn has joined a team of stakeholders in northeast Ohio — BioEnterprise, the city of Cleveland, Cleveland State University and Cuyahoga County — to provide data, analysis and market research on talent for health IT positions in... U.S. Digital Service's APIs help with MACRA participation Friday, July 21, 2017 12:44 PM The U.S. Digital Service is creating application programming interfaces to make MACRA participation easier, according to an agency report presented to Congress.

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