Tuesday, 22 August 2017

Modern Healthcare Breaking News

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Modern Healthcare Breaking News

Latest Breaking News from Modern Healthcare

Influential advisory panel asks CMS to reject $1.65 billion cuts to 340B
Monday, August 21, 2017 6:00 PM
A panel that advises HHS on outpatient hospital payments wants the CMS to drop a draft rule that could cut up to $1.65 billion out of the 340B discount drug program.


HHS ordered to explain Medicare outlier payment formula
Monday, August 21, 2017 5:30 PM
HHS' outlier payment program has been subject to scrutiny after more than 100 hospitals manipulated data to score more reimbursement money for their exceptionally expensive patients.


How California is combating ACA uncertainty
Monday, August 21, 2017 5:00 PM
Covered California is boosting its marketing budget and allowing insurers that incur unexpected losses next year to make higher profits in the years ahead. It's one example of how states are shoring up their own marketplaces, instead of waiting for...


Acadia CEO Jacobs to sell $10.1 million in stock
Monday, August 21, 2017 5:00 PM
Acadia Healthcare CEO Joey Jacobs and other executives are joining investors Waud Capital Partners and Bain Capital Investors to sell 2.8 million shares in one of the nation's largest behavioral health chains.


CHS investor calls for CEO Wayne Smith's ouster
Monday, August 21, 2017 3:15 PM
ASL Strategic Value Fund managing director Steven Braverman said Community Health Systems' management has failed to return his phone calls, and the company's operational turnaround has not gotten traction.


Tenet in crosshairs of activist shareholder Camber Capital
Monday, August 21, 2017 2:00 PM
Tenet Healthcare Corp. now has two activist shareholders with sizable stakes in its business. Boston-based Camber Capital has purchased 5.7% of Tenet's shares, and the hedge fund has a CEO with an activist history.


Coming soon to a strip mall near you: An MRI provider
Monday, August 21, 2017 12:14 PM
More and more medical procedures are moving to the strip mall, thanks to high-deductible insurance plans that are turning patients into penny-pinchers. Hospital systems like Edward-Elmhurst Health are reacting, hedging their bets on what have been...


Tax could ensnare medical-device industry
Monday, August 21, 2017 12:00 PM
Biomedical leaders hope they'll be able to find bipartisan support to stall or repeal a 2.3% excise tax on all medical devices sold in the U.S. before it comes back online on Jan. 1, 2018.


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