Saturday, 22 October 2016

Modern Healthcare Breaking News

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Modern Healthcare Breaking News

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Chicago has a new 800-pound gorilla in healthcare
Friday, October 21, 2016 12:35 PM
The Health Care Council of Chicago, a not-for-profit, has 15 founding members so far. Chicago-area companies like Walgreens, Aon, Takeda Pharmaceuticals and the Healthcare Financial Management Association now have a forum where they all come...


Cigna ends prior authorization policy for opioid addiction treatment
Friday, October 21, 2016 12:10 PM
Cigna Corp. will end a requirement that prevented providers from prescribing treatments for patients with opioid addiction without prior authorization.


House GOP ACA lawsuit heats up in appeals court
Friday, October 21, 2016 11:32 AM
The Obama administration on Monday will fire its first missive in federal appeals court defending the appropriations used to fund portions of the Affordable Care Act.


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Friday, 21 October 2016

Modern Healthcare Breaking News

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Drug companies funnel $108 million to defeat California drug price ballot question
Thursday, October 20, 2016 5:45 PM
Proposition 61, a proposal to cap what California pays for prescription drugs at the lowest price the U.S. Department of Veterans Affairs pays, has drawn $108 million from pharmaceutical companies looking to defeat the measure.


CMS taps a dozen groups for quality improvement initiatives
Thursday, October 20, 2016 4:21 PM
The initiatives are supposed to tap into underutilized but potentially significant areas of quality improvement.


Obama calls for public option, more subsidies to improve ACA
Thursday, October 20, 2016 4:15 PM
In a speech Thursday at Miami Dade College, the president acknowledged some difficulties but said the healthcare reform law "has done what it was designed to do."


St. Joseph Health in California agrees to $2.1 million HIPAA settlement
Thursday, October 20, 2016 1:43 PM
A file-sharing application on the server had a default setting that allowed Google, other search engines and "anyone with an internet connection" access to them, according to a statement from the Office for Civil Rights at HHS.


CHS spinoff Quorum is already selling eight of its 38 hospitals
Thursday, October 20, 2016 12:38 PM
Quorum Health, the embattled hospital spinoff of Community Health Systems, has agreed to sell two of at least eight rural hospitals it has for sale to reduce debt and refine its portfolio. Quorum has deals on a 64-bed hospital in North Carolina and...


Cedars-Sinai preserves high margin with 'favorable' hospital admissions
Thursday, October 20, 2016 12:26 PM
The operating margin at Cedars-Sinai Medical Center -- the prominent, high-priced academic medical center in Los Angeles -- stayed well above industry norms last year mostly because of higher admissions.


In unusual move, CMS extends comment period on controversial Kentucky Medicaid waiver
Thursday, October 20, 2016 12:21 PM
The agency has received nearly 1,800 comments on the waiver that includes job-requirement and cost-sharing provisions. In comparison, Ohio's recent request generated 103 comments, while Arizona's drew 98 comments.


Quest revenue inches up as lab giant refocuses on diagnostic services
Thursday, October 20, 2016 12:03 PM
Revenue was up just slightly at Quest as the company restructures to focus on its core business of diagnostic information services.


Walgreens posts strong Q4 earns, but delays Rite Aid deal
Thursday, October 20, 2016 11:34 AM
Walgreens Boots Alliance earnings topped $1 billion during the fourth quarter, easily surpassing analyst expectations, but also announced a delay in closing its latest megadeal.


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Thursday, 20 October 2016

Modern Healthcare Breaking News

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Walgreens posts strong Q4 earns, but delays Rite Aid deal
11:34:41 AM
Walgreens Boots Alliance earnings topped $1 billion during the fourth quarter, easily surpassing analyst expectations, but also announced a delay in closing its latest megadeal.


ACA troubles make fleeting appearance in final Clinton-Trump debate
12:11:38 AM
Donald Trump's claim that premiums in the healthcare plans in the Affordable Care Act exchanges are increasing by as much as 100% was an exaggeration, but the candidates spent little time digging into the matter.


Oklahoma health campus now prospering after rising from debris of killer tornado
Wednesday, October 19, 2016 5:16 PM
The Norman (Okla.) Regional Health System ended its 2016 fiscal year on a high note, posting increased operating income and opening a $32 million outpatient center in Moore, Okla. It's located on the site where a giant Category 5 tornado leveled the...


DMC plan addresses issues with sterile tools
Wednesday, October 19, 2016 4:30 PM
The Detroit Medical Center says a plan to address problems with its sterilization of surgical instruments has been approved by state regulators.


Commentary: Have we returned to a pre-antibiotic era in medicine?
Wednesday, October 19, 2016 12:58 PM
In many countries, indiscriminate antibiotic use in humans, agriculture and animals used for food production has led to the rise of bacteria that are resistant to all commercially available antibiotics. Many are now asking: "Have we returned...


HHS calls for more funding and data-sharing to improve public health efforts
Wednesday, October 19, 2016 12:31 PM
Public health leaders are lauding HHS' call for money and data to drive stronger health initiatives that take into account social determinants.


Rural hospitals often beat urban hospitals on quality
Wednesday, October 19, 2016 12:25 PM
Rural hospitals as a group have done better at avoiding the spread of hospital-acquired conditions and have scored higher in Medicare's value-based purchasing program than their urban counterparts, according to a new HHS report.


Dignity Health provides Uber drivers with on-demand care
Wednesday, October 19, 2016 12:21 PM
Dignity Health and GoHealth Urgent Care are offering Uber drivers and their families on-demand access to healthcare services at urgent-care clinics in the Bay Area.


HHS predicts 13.8 million enrolling in ACA exchanges for 2017
Wednesday, October 19, 2016 12:15 PM
The estimate would be an increase from 2016 but is still below the most recent projections from the Congressional Budget Office.


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Wednesday, 19 October 2016

Modern Healthcare Breaking News

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UPMC acquires four-hospital system in north central Pennsylvania
Tuesday, October 18, 2016 6:26 PM
Pittsburgh-based UPMC health system announced Tuesday that it has acquired Susquehanna Health. Under terms of the deal, UPMC will invest $500 million to expand Susquehanna's emergency, cardiac and cancer service lines.


Texas drops appeal against Teladoc lawsuit
Tuesday, October 18, 2016 11:37 AM
Texas and its state medical board on Monday withdrew their appeal that questioned whether Teladoc could challenge the state's controversial telemedicine restrictions. Teladoc said the state medical board's decision was strategic since it had...


St. Jude Medical steps up cybersecurity measures after questions about device safety
Tuesday, October 18, 2016 11:35 AM
Medical-device manufacturer St. Jude Medical has announced it will form an advisory board to address cybersecurity concerns following claims from short-sellers that its pacemakers and other devices are vulnerable to hacks.


Industry leaders warn MedPAC to give ACOs time before mandating more risk
Tuesday, October 18, 2016 11:33 AM
Healthcare industry leaders are pushing back against the Medicare Payment Advisory Commission's criticism of accountable care organizations. The panel is considering making changes that would force providers to take on more risk.


Trump unveils law-and-order strategy to counter drug addiction
Tuesday, October 18, 2016 11:31 AM
Public health experts say Donald Trump's plan to curb opioid addiction sounds like a throwback to the war on drugs that some say resulted in mass incarceration instead of treatment.


Tulsa senior-living investors reignite pursuit of Five Star Quality Care
Tuesday, October 18, 2016 11:30 AM
Affiliates of real estate investment and management company Senior Star have upped the ante in their pursuit to control Five Star Quality Care, one of the nation's largest investor-owned owners of senior-living facilities. The group is planning to...


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