Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare DuPage Medical Group snags $1.45 billion to expand outside metro Chicago 11:21:52 AM The new money from a Los Angeles-based asset management firm includes equity and debt financing and will be used to buy doctors' practices and open additional outpatient clinics. UnitedHealth CEO Hemsley stepping down 9:00:00 AM Longtime UnitedHealth CEO Stephen Hemsley will step down Sept. 1, and President David Wichmann will take over. The change marks a major leadership shakeup at the nation's largest health plan. New deal provides healthcare coverage for rural Nevada 8:59:26 AM The deal with Centene Corp. in partnership with the Nevada-based Hometown Health will help ensure coverage is available to all Nevadans, after Anthem Blue Cross and Blue Shield pulled out of the state's healthcare exchange. As rates of antipsychotic use drop at nursing homes, worries increase for patients Tuesday, August 15, 2017 6:30 PM The long-term care industry has taken steps to create more patient-centered care plans that are resulting in less use of antipsychotics, but some doctors are worried the trend may lead to some patients not getting the drugs they need. CMS overhauling Medicare fraud audit process Tuesday, August 15, 2017 5:00 PM Facing a crushing caseload of appeals to denied Medicare claims, the CMS is launching a new audit process to reduce the number of providers that have their claims challenged. Jon Cotton appointed corporate president of Meridian Tuesday, August 15, 2017 5:00 PM Jon Cotton has taken a step up the executive ranks with his promotion to corporate president of Meridian, a Detroit-based health plan that is Michigan's largest Medicaid HMO. The promotion is effective Sept. 4. CMS cancels two mandatory pay models and scales back a third Tuesday, August 15, 2017 5:00 PM The CMS is canceling two mandatory cardiac pay models that were supposed to start next year and is scaling back a joint replacement model that has already been implemented by hospitals across the country. 'Smaller' gifts can go long way for clinic's crowdfunding platform Tuesday, August 15, 2017 4:00 PM For an institution accustomed to securing multimillion-dollar donations, Cleveland Clinic's latest fundraising effort has some relatively small targets: projects up to $10,000. CBO: End of CSRs would add to federal deficit Tuesday, August 15, 2017 3:00 PM The CBO says that ending CSR payments to insurers would cost the federal government more than continuing to pay them, because insurers would hike premiums, and subsidies would then rise as well.

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