Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare NYU Langone's $32.9M Lower East Side outpatient center is closer to reality 11:00:28 AM The health system is now seeking approval from the state Department of Health to build a $32.9 million ambulatory surgery center at 175 Delancey St, the Essex Crossing mixed-use development. CHI hit with Moody's debt downgrade 1:01:00 AM Moody's Investors Service downgraded the debt of Catholic Health Initiatives this week to two notches above junk, following a similar downgrade earlier this month by S&P Global Ratings. GOP eyes eliminating benefit mandates in late scramble to pass ACA repeal 12:57:56 AM The White House and House ultra-conservatives reportedly were negotiating Wednesday night to repeal the Affordable Care Act's insurance benefit rules in a last-minute effort to salvage the House Republicans' ACA replacement bill. Former MedAssets CEO John Bardis appointed to HHS post Wednesday, March 22, 2017 8:02 PM Bardis founded MedAssets in 1999 and grew it into one of the largest healthcare group purchasing organizations. AMA urges Congress to vote no on amended ACA repeal bill Wednesday, March 22, 2017 3:53 PM The American Medical Association called on Congress to vote down the amended American Health Care Act, claiming millions will lose coverage if it becomes law. Cleveland Clinic's financial results worse than predicted Wednesday, March 22, 2017 2:58 PM Cleveland Clinic ended 2016 with a steeper decline in operating income than even CEO Dr. Toby Cosgrove had projected. The 14-hospital system posted a 71% drop in 2016 to $139.4 million from the $480.2 million reported in 2015. Guest Commentary: Benefits first, then cost considerations -- getting ACA reform right Wednesday, March 22, 2017 1:43 PM Discussions about repealing and replacing the Affordable Care Act point to its shortcomings and how a new program will be better. However, the current process is repeating a fundamental error in crafting the ACA -- it was implemented backwards. GAO to investigate possible manipulation of orphan drug incentives Wednesday, March 22, 2017 1:08 PM Federal auditors are looking into whether the Orphan Drug Act still serves its intended purpose and whether drugmakers may be abusing its incentives to maximize profits. CMS needs to alert docs as it overhauls Medicare ID cards Wednesday, March 22, 2017 11:41 AM As the CMS works to remove Social Security numbers from millions of Medicare ID cards, providers are calling on the agency to increase physician outreach efforts to alert them how billing under the program may change. Mental health agencies say they've saved state billions under Medicaid Wednesday, March 22, 2017 11:24 AM A new report by advocates for Michigan's public Medicaid behavioral health system estimates it has saved the state $5.3 billion over the past 18 years, and would save an additional $7.4 billion through 2024 using their patient-centered and...

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