Friday, 9 December 2016

Modern Healthcare Breaking News

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Maryland co-op exits state's marketplace
8:14:23 AM
Evergreen Health Cooperative Inc. won't be issuing or renewing individual health benefit policies on the Maryland Health Connection for the 2017 plan year, Maryland regulators announced Thursday.


Terry Shaw named CEO of Adventist Health System
Thursday, December 08, 2016 6:05 PM
Terry Shaw has been appointed president and CEO of Adventist Health System, effective immediately. He succeeds Don Jernigan, who announced his retirement in August after 10 years in the top spot.


Ohio House committee votes to pass 20-week abortion ban
Thursday, December 08, 2016 3:33 PM
Abortions would be banned after 20 weeks under a bill that Republican lawmakers hoped to pass Thursday and add to legislation already on its way to state GOP Gov. John Kasich that would prohibit abortions once a fetal heartbeat is detected.


The GOP may have a hard time replacing the ACA's individual mandate
Thursday, December 08, 2016 3:03 PM
Insurers have signaled they will go along with plans to repeal the mandate as long as Republicans replace it with provisions to keep healthier people in the market. But can they do that quickly enough to avoid a meltdown in the individual market?


CMS will test models designed to improve patient engagement
Thursday, December 08, 2016 2:45 PM
The CMS Innovation Center announced on Thursday two new care delivery models intended to improve patient engagement and decision-making.


Some providers can't find insurers to partner with on risk-based payment
Thursday, December 08, 2016 12:04 PM
Some American Medical Group Association members responding to a survey say they can't find any local insurance company that offers risk-based products. Another 46% surveyed reported that only 1% to 19% of plans were offering risk products in their...


Rise of freestanding ERs draws MedPAC scrutiny
Thursday, December 08, 2016 12:00 PM
The Medicare Payment Advisory Commission wants HHS to examine whether stand-alone emergency departments unfairly benefit from an exemption to site-neutral payments.


Universal CFO says fallout from bad press will be minimal
Thursday, December 08, 2016 11:42 AM
Universal Health Services expects no major fallout from a BuzzFeed investigative story that caused a 12% drop in the system's stock prices.


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Thursday, 8 December 2016

Modern Healthcare Breaking News

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Abbott seeks to end buyout deal for Alere
8:20:54 AM
Abbott is seeking to terminate its buyout of troubled medical diagnostics maker Alere as that company deals with the fallout of a key device recall and government investigations.


UHS stock plunges following Buzzfeed investigation
Wednesday, December 07, 2016 6:57 PM
The share price of Universal Health Services plunged 12% Wednesday after BuzzFeed published an investigative story alleging the for-profit hospital operator kept psychiatric patients longer than necessary to milk their insurance.


New Medicare data show steep increases in drug prices
Wednesday, December 07, 2016 6:28 PM
The CMS on Wednesday released data on the price history of 5,000 prescription drugs over five years, shedding light on the fastest rising source of healthcare costs in recent years.


Review of CMS quality metrics kicks off
Wednesday, December 07, 2016 4:02 PM
Little known to the public, a group of public and private stakeholders convene annually to scrutinize measures that influence how large sums of taxpayer-funded healthcare dollars are spent.


Most healthcare CFOs say they lack resources to adapt to reform
Wednesday, December 07, 2016 3:44 PM
A majority of healthcare chief financial officers feel they don't have the tools necessary to meet their new responsibilities or adapt to the evolving healthcare landscape.


21st Century Cures clears Senate, now heads to Obama's desk
Wednesday, December 07, 2016 2:43 PM
President Barack Obama is expected to sign the massive lame-duck legislation that affects almost every corner of the healthcare industry.


Medicaid cancer patients receive subpar care
Wednesday, December 07, 2016 11:23 AM
Cancer patients with Medicaid coverage receive poorer quality and less healthcare than those with employer-sponsored, Medicare or other private insurance. Medicaid benefits vary from state by state and experts say that inequality will likely grow...


Physician staffing firm Envision wants to be hospitals' 'one throat to choke'
Wednesday, December 07, 2016 11:09 AM
Newly merged Envision Healthcare Corp. plans to spend $700 million on physician-practice acquisitions in 2017 to become a one-stop vendor for all of a hospital's physician-staffing needs.


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Wednesday, 7 December 2016

Modern Healthcare Breaking News

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Surgeon general: Entire community needs to tackle social factors of health
Tuesday, December 06, 2016 1:57 PM
U.S. Surgeon General Vivek Murthy on Tuesday stressed the important role healthcare providers should play in promoting the value of addressing social determinants of health as a community good.


Execs, physicians at doc-owned luxury hospital chain indicted in alleged kickback scheme
Tuesday, December 06, 2016 11:46 AM
The federal indictment of executives and physicians charged in a $200 million bribery and kickback scheme at a ritzy Dallas-based hospital signals the U.S Justice Department remains hungry for holding people liable for widespread healthcare fraud.


Leadership shuffles at Medicare agencies
Tuesday, December 06, 2016 11:42 AM
Several top federal Medicare leaders have taken new roles just months before Donald Trump assumes the presidency.


Not-for-profit healthcare outlook stays stable despite possible ACA repeal
Tuesday, December 06, 2016 11:31 AM
The outlook next year for the not-for-profit and public healthcare sectors is considered stable, but Republican leaders' plans to repeal the Affordable Care Act is driving some uncertainty, Moody's Investors Service said in its latest outlook report.


Hospitals warn of job losses, billions in cuts if Trump repeals ACA
Tuesday, December 06, 2016 11:28 AM
The nation's hospital lobbying groups are warning that President-elect Donald Trump's promise to repeal the Affordable Care Act could lead to massive service cuts, layoffs and hospital closures if an adequate replacement is not developed.


California bill would track patient deaths tied to superbug infections
Tuesday, December 06, 2016 11:18 AM
A proposed California bill would require providers statewide to report deaths caused by antimicrobial-resistant infections.


Tenet locks up national contracts with giants UnitedHealthcare and Centene
Tuesday, December 06, 2016 11:15 AM
Tenet Healthcare Corp. has locked up new multiyear contracts with insurance giants UnitedHealthcare and Centene Corp., cementing pricing for the hospital system and uninterrupted service for the insurer's members.


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Tuesday, 6 December 2016

Modern Healthcare Breaking News

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Senate easily passes procedural vote to advance Cures Act
Monday, December 05, 2016 6:02 PM
The sweeping legislation passed the House last week and President Barack Obama has said he intends to sign it as soon as it reaches his desk.


Ascension CEO Tersigni prepares to meet Trump transition team
Monday, December 05, 2016 5:11 PM
Ascension CEO Anthony Tersigni is planning to meet this week with President-elect Donald Trump's transition team to give input on healthcare reform. As head of the nation's largest not-for-profit hospital company, Tersigni has used his visibility to...


Kaiser names first chief community health officer
Monday, December 05, 2016 4:54 PM
Kaiser CEO Bernard Tyson said the giant health system is committed to improving the health of the 60 million people in the areas they serve. Choucair will lead those efforts.


What it will take to stop insurers from fleeing after the ACA's repeal
Monday, December 05, 2016 2:18 PM
Some insiders say they are encouraged that GOP leaders are slowly recognizing they need to take steps to shore up the fragile individual insurance market if they repeal the ACA soon after Donald Trump takes office without an immediate replacement.


House Republicans win delay in case to end ACA cost-sharing subsidies
Monday, December 05, 2016 1:49 PM
A federal appeals court has agreed to delay consideration of a lawsuit from Republican lawmakers over the Affordable Care Act. President-elect Donald Trump and Republicans in Congress plan to repeal and replace the law next year.


Hospitals report disappointing results on goals to drop hospital-acquired infections
Monday, December 05, 2016 1:39 PM
Three kinds of infections declined, but not to target levels. And rates for certain urinary tract infections didn't fall at all.


Telemedicine bill could get House vote this week
Monday, December 05, 2016 12:43 PM
The House this week is expected to vote on a bill that promotes telemedicine and unanimously passed in the Senate last week.


U.S. attorneys say Aetna-Humana merger would spike Medicare prices
Monday, December 05, 2016 12:03 PM
Attorneys for the U.S. Justice Department and Aetna clashed over whether Aetna's proposed takeover of Humana would reduce competition and hurt seniors in Medicare Advantage programs.


Blue Cross of Michigan on path to cut expenses by $300 million by 2019
Monday, December 05, 2016 11:46 AM
Executives are concerned that changes to the Obamacare health insurance marketplace could disrupt planned individual health insurance products for 2018 that will be due to the Michigan insurance commissioner's office in April.


The state of the ACA's risk corridors
Monday, December 05, 2016 12:01 AM
The Obama administration is now on the hook for more than $8 billion in risk-corridor payments to cover insurer losses on the health insurance exchanges, but industry experts are growing more doubtful the full tab will ever be paid.


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