Tuesday, 29 August 2017

Modern Healthcare Breaking News

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Modern Healthcare Breaking News

Latest Breaking News from Modern Healthcare

Gilead to pay $11.9B for cancer treatment developer Kite
11:42:45 AM
Gilead Sciences will pay $11.9 billion in cash to buy Kite Pharma and plant a stake in an emerging area of cancer treatments that train a patient's immune cells to attack tumors.


CDC: 28.1M in U.S. lack health coverage
11:32:35 AM
The government says about 500,000 fewer Americans had no health insurance the first three months of this year, but that slight dip was not statistically significant from the same period in 2016.


Experts: States can adjust to lower CHIP match if they have time to prepare
Monday, August 28, 2017 6:29 PM
Insiders say Congress will not pull the enhanced match for CHIP, at least not next year. But it's not clear if legislators can get funding finalized next month.


Chicago's county health system outlook in 2018: More Medicaid patients, more revenue
Monday, August 28, 2017 5:00 PM
The Chicago-based Cook County Health & Hospitals System's financial well-being next year relies heavily on money flowing from its CountyCare health plan, which is projected to swell about 60 percent under a new Illinois Medicaid contract.


Texas hospitals have been preparing for Harvey for years
Monday, August 28, 2017 5:00 PM
Hurricane Harvey, which killed two people and devastated parts of Texas this weekend, caused some hospitals to close or evacuate because of flooding and still-dangerous weather. Many have prepared for such an emergency for years.


Hospitals warn Medicaid DSH cuts could lead to reduced access for low-income patients
Monday, August 28, 2017 5:00 PM
A planned multibillion-dollar cut in uncompensated-care reimbursements could push hospitals to reduce the amount of Medicaid patients they see or cut services for that population.


Nursing home abuse or neglect often goes unreported, OIG finds
Monday, August 28, 2017 4:00 PM
More than 1 in 4 cases of abuse or neglect at skilled-nursing facilities are not reported to law enforcement and the CMS fails to identify and report those incidents, according to HHS' Office of Inspector General.


Integrated primary-care models expand access to opioid abuse treatment
Monday, August 28, 2017 2:00 PM
Only 2.2 million of the more than 20 million Americans with substance abuse disorders receive any type of treatment for their addiction. A new study suggests coordinated-care models can provide more effective addiction treatment than only referring...


Sinai-owned Holy Cross plans to close physical rehab unit
Monday, August 28, 2017 11:34 AM
Holy Cross Hospital has applied to shutter its inpatient physical rehabilitation unit, blaming specialty rehabilitation services for the decline of patients on Chicago's Southwest side.


Northwell chief says Obamacare rule change led to insurer's early death
Monday, August 28, 2017 11:20 AM
Northwell Health chief executive Michael Dowling said the system's decision to disband its insurance company will not hinder its plans to better manage patients' health in order to capture the savings of reduced costs.


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