Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Pfizer lowers cost of Prevnar vaccine for some charity use Friday, November 11, 2016 3:00 PM Drugmaker Pfizer says it's reducing what it charges humanitarian groups for its blockbuster vaccine against pneumonia, ear and blood infections. Investors still punishing hospital companies on ACA repeal fears Friday, November 11, 2016 11:55 AM Investors have yet to put a floor beneath hospital and physician-staffing stocks that plummeted after Donald Trump's election to the presidency. Many provider stocks are down double digits since Tuesday on what executives believe are exaggerated... CMS confirms Detroit Medical Center passed surprise inspection on infection control Friday, November 11, 2016 11:45 AM Detroit Medical Center has received confirmation that it is in full compliance with infection-control regulations from the CMS. Tenet taps Dr. Octavio Diaz as next CMO Friday, November 11, 2016 11:42 AM Tenet Healthcare Corp. on Friday tapped Dr. Octavio Diaz to be chief medical officer of the Dallas-based 79-hospital system effective Dec. 1. Hopes for Precision Medicine Initiative, Cancer Moonshot rest with lame-duck Congress Friday, November 11, 2016 11:14 AM Leaders on both sides of the aisle maintain that passing the 21st Century Cures Act, which would include funding for both of the major research initiatives, is a priority before year-end. Whether they'll succeed, however, remains to be seen. Skimpier employer coverage may accelerate under Trump administration Friday, November 11, 2016 11:14 AM The employer-based health insurance market has mostly stayed intact under President Barack Obama. Employers may continue to alter benefits to push costs onto employees and expand HSAs under a Trump administration, but Republicans also may take aim...

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare BREAKING: Bremberg to lead Trump's healthcare transition 9:30:45 AM Sources say President-elect Donald Trump's HHS transition will be led by Andrew Bremberg, who served in the George W. Bush administration and more recently has been an adviser to Senate Majority Leader Mitch McConnell and Wisconsin Gov. Scott Walker. Will value-based payment initiatives continue under Trump? 12:01:00 AM President-elect Donald Trump's promise to dismantle the Affordable Care Act is unlikely to also undo widespread efforts to nudge the U.S. healthcare system toward value-based payment, including experiments devised by the ACA-funded CMS Innovation... Montefiore Medical Center buoyed by investments but hit by EHR and ACO costs Thursday, November 10, 2016 9:16 PM Montefiore Health System had budgeted for a $33 million operating gain through the first nine months of 2016. But it has been hit by changes in the Medicare Pioneer ACO program and unexpected costs associated with an Epic EHR and billing system... Docs' threats to leave Medicare could cause GOP to slow MACRA rollout Thursday, November 10, 2016 1:19 PM Physicians have pledged to retire or leave Medicare as a result of burdens placed on them by the recently finalized payment rule. That could spur Republicans, now fully in charge of the government, to slow federal value-based payment efforts. Hackensack Meridian, JFK Health announce merger plans Thursday, November 10, 2016 12:30 PM New Jersey's Hackensack Meridian Health and JFK Health said Thursday that they have taken the first steps towards merging their organizations, touting their joint focus on population health. Quorum Health makes priority of 8-hospital divestiture Thursday, November 10, 2016 12:09 PM Management of Quorum Health Corp. is negotiating to sell five more of its money-losing hospitals to go along with two already under contract. Though divestitures are a priority, Quorum has expressed an interest in acquiring a hospital in Huntsville,...

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Q&A: Kaiser CEO Bernard Tyson on health reform under Trump Wednesday, November 09, 2016 11:00 PM Tyson has been an outspoken advocate for giving all Americans access to affordable, high-quality healthcare. Modern Healthcare interviewed him the day after Trump's upset victory, signaling a likely end to the Affordable Care Act. Medicaid expansion could continue under Trump Wednesday, November 09, 2016 5:51 PM Despite President-elect Donald Trump's campaign promises to repeal and replace the Affordable Care Act, Medicaid expansion might survive, at least in some form. BlackRock buys more CHS stock Wednesday, November 09, 2016 5:01 PM BlackRock has joined other large bargain hunters buying Community Health Systems stock. The asset management giant reported Wednesday that it bought 1.5 million CHS shares and now owns 12.4 million shares, or 10.9%, of the troubled hospital chain. California's Medicaid fee measure enjoys landslide victory Wednesday, November 09, 2016 4:04 PM California residents have voted to approve an initiative that would protect a vital source of funding for healthcare services for children, seniors and low-income citizens. Trump, GOP sweep may disrupt every corner of health insurance market Wednesday, November 09, 2016 2:46 PM Republican Donald Trump's presidency is primed to upend every corner of the health insurance industry that has spent the past six years acclimating to the rules of Obamacare. That shift will spill over to Americans with practically any type of... Uncertainty reigns over Supreme Court, healthcare law with Trump election Wednesday, November 09, 2016 1:08 PM President-elect Donald Trump has made repealing the ACA and adding conservative justices to the U.S. Supreme Court hallmark issues of his campaign. But court watchers and healthcare legal experts say it's too soon to tell how healthcare litigation... Kaiser doubles operating income to $672 million in Q3 Wednesday, November 09, 2016 1:05 PM Kaiser Permanente nearly doubled its operating income in its third quarter to $672 million as new enrollees to the company's health plan bring premium revenue and raise volumes at Kaiser's hospitals and clinics. California voters reject initiative to cap drug prices Wednesday, November 09, 2016 12:59 PM California's controversial drug price measure was rejected by voters, putting an end to an expensive ballot initiative that struck a chord with a public increasingly frustrated by high drug prices. Hospitals fret over financial impact of ACA repeal Wednesday, November 09, 2016 12:54 PM Hospitals and physicians are having a hard time grasping how the Affordable Care Act can be repealed by the Trump administration without a plan to replace or continue coverage for the nearly 20 million Americans who are now insured on the exchanges... Policy experts say quick repeal and replace of ACA unlikely Wednesday, November 09, 2016 12:48 PM House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell say they are eager to fix the ACA, which Ryan described as "collapsing under its own weight." But some analysts say full repeal and eliminating coverage for millions of...

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Trump upset will force healthcare leaders to rethink the future 12:01:00 AM Republican Donald Trump's shocking victory Tuesday will force a major shift in the healthcare industry's thinking about its future. Combined with the GOP's retention of control of the Senate and the House, it could enable conservatives to repeal or... GOP retains House and Senate control, key to ACA if Trump wins Tuesday, November 08, 2016 8:38 PM Control of the House would be key to Trump's pledge to repeal the Affordable Care Act. Republicans also maintained control of the Senate. Democrats picked up a seat in Illinois as Tammy Duckworth beat out incumbent Republican Mark Kirk. Walgreens sues Theranos alleging breach of contract Tuesday, November 08, 2016 7:38 PM Walgreens has sued its former partner, blood-testing startup Theranos Inc., alleging breach of contract. Adeptus names Gregory Scott interim CEO as troubles mount Tuesday, November 08, 2016 1:16 PM In the wake of unexpected losses and a cash crunch in the third quarter, Adeptus Health CEO Tom Hall is retiring sooner than expected to make way for board director Gregory Scott to take the helm on an interim basis, Adeptus said Tuesday. Scott is... CHS adjusts physician staffing as hospital sales proceed Tuesday, November 08, 2016 12:13 PM Community Health Systems went on a physician-recruiting binge in 2015, bringing in a record 4,152 more physicians to staff the more than 1,000 clinics it owns and jump-start volumes at some underperforming hospitals. But now CHS is throttling back... Tenet Healthcare sued for $1.5 billion over tuberculosis exposure Tuesday, November 08, 2016 12:09 PM A $1.5 billion putative class action accusing Tenet Healthcare Corp. of failing to protect patients and newborns at an El Paso, Texas, hospital from being exposed to tuberculosis has been moved to federal court. CMS approves $52 billion waiver for Massachusetts to overhaul Medicaid Tuesday, November 08, 2016 11:59 AM The CMS has approved a waiver that will allow Massachusetts to overhaul its Medicaid program by putting its beneficiaries into accountable care organizations.

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