Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Advocate plans $200 million in cuts 10:44:33 AM Advocate Health Care, the largest hospital network in Illinois, plans to cut $200 million in expenses as financial pressures mount. Anthem asks Supreme Court to take up merger appeal 8:39:05 AM Anthem is still fighting to close its $54 billion deal to merge with Cigna. The Indianapolis-based insurer Friday said it will ask the U.S. Supreme Court to review its case although it's unlikely the high court will consider it. NYC Health + Hospitals harnesses IT to improve revenue, reimbursement 1:01:00 AM The news comes on the heels of delays in the implementation of Epic's EHR across the healthcare organization's more than 70 care sites, at which the majority of revenue comes from Medicaid. If GOP repeal bill becomes law, most states likely to end their Medicaid expansion Thursday, May 04, 2017 9:23 PM State policy experts said they see very few states having the financial capacity or political will to maintain the expansions if the bill's large cut in federal funding is enacted. Opponents of ACA repeal warn Republicans will pay in next elections Thursday, May 04, 2017 6:00 PM Although House Republican leadership won over some reluctant members to pass their Obamacare replacement bill, their victory Thursday is unlikely to be the final word. Several Republican senators have already said they want changes to the proposal... Ardent, KU Health join forces to buy St. Francis Health in Topeka Thursday, May 04, 2017 5:16 PM The University of Kansas Health System and for-profit Ardent Health Services are creating a joint venture company to purchase 378-bed St. Francis Health in Topeka, Kansas. The deal is the sixth such joint venture that Ardent has announced with a... Blindsided former Molina CEO says his takedown could stifle healthcare advocacy Thursday, May 04, 2017 5:00 PM Dr. J. Mario Molina, the former CEO of Molina Healthcare, was blindsided Tuesday when the company's board fired him and his CFO brother. He told Modern Healthcare his ousting could deter other insurance executives from engaging in healthcare... Changes ahead at Cleveland Clinic with Cosgrove exit Thursday, May 04, 2017 4:48 PM The departure of longtime Cleveland Clinic CEO Dr. Toby Cosgrove signals the end of an era at the prestigious institution and changes ahead with the placement of a new leader. Banner management shuffling consolidates power with COO Thursday, May 04, 2017 4:06 PM Banner Health is shuffling management again, consolidating more responsibilities with its chief operating officer and eliminating its chief administrative officer post. Fate of Obamacare now is in the Senate Thursday, May 04, 2017 3:00 PM The House Republicans passed the American Health Care Act with a slim majority on Thursday. The bill gives states the option of returning to a pre-Obamacare individual insurance approach of medical underwriting and high-risk pools.

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