Friday, 18 August 2017

Modern Healthcare Breaking News

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Modern Healthcare Breaking News

Latest Breaking News from Modern Healthcare

Tenet board loses Glenview members
10:16:46 AM
Glenview could soon acquire a larger stake in Tenet and push for change as an activist shareholder, as it vowed to do 19 months ago. The hedge fund said it could effect change more efficiently outside of Tenet than inside the boardroom.


Expedited drug and device approvals spark quality concerns for providers
Thursday, August 17, 2017 6:17 PM
As policymakers and the drug and device industry look for new ways to bring treatments for life-threatening conditions to the market sooner, providers are concerned that expedited approvals could compromise patient care.


Changes to 340B drug discount rule delayed until July 2018
Thursday, August 17, 2017 5:00 PM
A rule that would set new ceiling prices in the 340B drug discount program has been delayed until mid-2018 while HHS considers alternative regulations.


Chen's 22% CHS stake carries clout - with or without a board seat
Thursday, August 17, 2017 4:00 PM
Chinese billionaire Tianqiao Chen as recently as February used his 10% stake in Legg Mason to gain two board seats at the asset-management firm, including the vice chairmanship for himself. His designs for CHS haven't been made public but he already...


DOJ, Mylan finalize $465 million EpiPen Medicaid settlement
Thursday, August 17, 2017 4:00 PM
Mylan allegedly misclassified EpiPens as a generic drug, which may have cost the government up to $1.27 billion in lost Medicaid rebates, according to federal estimates.


Cleveland Clinic will pull event from Mar-a-Lago resort
Thursday, August 17, 2017 4:00 PM
A leading U.S. hospital pulled its annual fundraiser from Donald Trump's Mar-a-Lago resort on Thursday, reversing course after initially resisting pressure from health professionals and others over the president's support for repealing the...


Bayada Home Health Care transitions to not-for-profit with new CEO
Thursday, August 17, 2017 4:00 PM
Bayada Home Health Care described the move to not-for-profit as the first of its kind in the industry, driven by a motivation to sustain the organization for multiple generations and bolster recruiting and retention efforts.


Out with nursing homes, in with home health care
Thursday, August 17, 2017 12:20 PM
Northwestern Medicine may have found the one hospital market where investment in long-term care hasn't paid off: affluent north suburban Lake Forest, Ill.


New York approves 14.6% rate hike for health plans
Thursday, August 17, 2017 12:07 PM
Although insurers asked for a 17.7% increase, New York's Department of Financial Services approved a 14.6% bump as it factored in the potential loss of cost sharing–reduction payments that insurers use to cover out-of-pocket expenses for...


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