Saturday, 17 June 2017

Modern Healthcare Breaking News

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Modern Healthcare Breaking News

Latest Breaking News from Modern Healthcare

Amedisys will pay $43.8 million to settle shareholder class-action lawsuit
Friday, June 16, 2017 5:22 PM
The settlement ends a seven-year legal battle that also saw Amedisys pay $150 million to the U.S. Justice Department for allegedly inflating Medicare home care visits.


Greenville Health to merge with Palmetto and create S.C. hospital giant
Friday, June 16, 2017 4:34 PM
Greenville (S.C.) Health System has agreed to merge with Palmetto Health to create the largest hospital system in South Carolina. The partnership would operate 13 hospitals and serve 1.2 million patients annually.


Hospira recalls sodium bicarbonate vials as the drug shortage gets worse
Friday, June 16, 2017 4:04 PM
Pfizer subsidiary Hospira issued a nationwide recall of the vials used to inject sodium bicarbonate due to sterility concerns. The recall exacerbates the current shortage of the potentially lifesaving drug.


California ER use jumps despite Medicaid expansion
Friday, June 16, 2017 4:00 PM
Emergency room use in California rose 75% over five years despite the state's Medicaid expansion, and the state, which recently has been touted for having near-universal coverage, isn't alone.


Genesis Healthcare to pay $54 million to settle fraudulent billing and poor nursing care claims
Friday, June 16, 2017 3:50 PM
Genesis Healthcare, one of the nation's largest investor-owned skilled nursing, senior living and rehabilitation therapy providers, will settle six lawsuits alleging that its acquired companies billed Medicare for unnecessary treatment and delivered...


CMS lifts Medicare Advantage sanctions on Cigna
Friday, June 16, 2017 3:00 PM
Bloomfield, Conn.-based Cigna may immediately resume marketing its Medicare Advantage plans and enrolling members. Insurance industry analysts noted that the lifted sanctions pave the way for Cigna to pursue an acquisition in the lucrative Medicare...


Texas law provides Medicaid coverage of postpartum depression screening
Friday, June 16, 2017 2:00 PM
Republican Texas Gov. Greg Abbott signed a bill into law Thursday that would allow new mothers on Medicaid to obtain screening for postpartum depression. The law is part of a larger effort to address the high maternal mortality rate that plagues...


Nevada forces drugmakers to reveal insulin pricing, profits
Friday, June 16, 2017 12:00 PM
Nevada Gov. Brian Sandoval signed into law Thursday the nation's strictest requirements for pharmaceutical companies to reveal how they set certain prescription drug prices.


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