Friday, 25 August 2017

Modern Healthcare Breaking News

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Modern Healthcare Breaking News

Latest Breaking News from Modern Healthcare

Cheyenne hospital regains Medicare, Medicaid status
Thursday, August 24, 2017 9:20 PM
Cheyenne Regional Medical Center officials say the hospital has regained its standing with the CMS after losing its deemed status over a complaint.


California lawmakers to hold universal healthcare hearings
Thursday, August 24, 2017 9:14 PM
California lawmakers will hold hearings on universal health care during the Legislature's year-end recess.


Editorial: First things first -- fix the insurance exchanges
Thursday, August 24, 2017 9:00 PM
Congress returns from its summer recess amid hopeful signs that moderates in the Senate will craft bipartisan legislation to bolster the individual insurance markets created by the Affordable Care Act.


Northwell Health shutting down CareConnect insurance unit
Thursday, August 24, 2017 4:00 PM
After enduring millions in financial losses, Northwell is winding down its CareConnect insurance business and withdrawing from New York's health insurance exchange, where it covers 13,000 members.


Lawyers: Aetna envelope window reveals patients' HIV status
Thursday, August 24, 2017 3:01 PM
Two legal organizations say health insurer Aetna revealed the HIV status of patients in several states by mailing envelopes with a large, clear window that showed information on purchasing HIV prescriptions.


Last 'bare' county in the U.S. scores ACA exchange coverage
Thursday, August 24, 2017 1:00 PM
After CareSource announced it will sell health insurance exchange plans in Paulding County, Ohio, every county in the U.S now has at least one insurer participating in the exchanges.


Report highlights growing health disparities in Appalachia
Thursday, August 24, 2017 12:00 PM
The 25 million people who live among the Appalachian Mountains have struggled to keep up with health gains of the rest of the nation, falling behind in most major public health indicators, according to a new study.


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Thursday, 24 August 2017

Modern Healthcare Breaking News

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Ascension picks proven deal structure for Presence Health acquisition
9:09:28 AM
Ascension can count on little regulatory resistance to its acquisition of Presence Health because it is structuring the deal like a previous joint venture in Chicago.


John Popovich to retire after four decades at Henry Ford Hospital
Wednesday, August 23, 2017 6:00 PM
After 43 years at Henry Ford Hospital, starting out as an intern and rising to become CEO, John Popovich, M.D., announced today he will retire in the spring of 2018.


Cleveland Clinic linked to potential hospital in China
Wednesday, August 23, 2017 5:45 PM
Cleveland Clinic has signed a management consulting agreement with an unnamed organization planning to open a hospital in Shanghai. It's the first agreement in the clinic's global affiliation program.


Medicare to divulge when a doc's patient is in an ACO
Wednesday, August 23, 2017 5:00 PM
The CMS is seeking to address a long-standing provider complaint about ACOs by providing them more certainty on which patients they'll be evaluated on.


Intermountain seeks to cut opioid prescribing 40% by end of next year
Wednesday, August 23, 2017 5:00 PM
Intermountain Healthcare is the first major U.S. health system to pledge a major reduction in opioid prescribing by setting a target of 5 million fewer opioid prescriptions by the end of 2018.


Iowa's ACA waiver plan would redistribute subsidies from the poor to wealthier people
Wednesday, August 23, 2017 5:00 PM
By eliminating cost-sharing reductions, Iowa's Medicaid waiver proposal would expose lower-income consumers to much higher deductible costs, potentially reducing enrollment and access to care.


Does MACRA leave small physician practices behind?
Wednesday, August 23, 2017 3:00 PM
A CMS proposal to let as many as 934,000 providers pass on participating in MACRA may prevent small practices from receiving rewards for improving quality of care and discourage them from working under value-based arrangements.


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Wednesday, 23 August 2017

Modern Healthcare Breaking News

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Why the feds block some hospital marriages—and bless others
11:35:17 AM
It's been five months since federal anti-trust regulators threw cold water on the marriage of Advocate Health Care and NorthShore University HealthSystem. Will Presence Health and Ascension, respectively the largest Catholic hospital systems in...


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11:34:43 AM
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Hospital panel supports CMS plan to cut payments for some cardiac devices
Tuesday, August 22, 2017 5:00 PM
A panel that advises HHS on outpatient hospital payments supports a decision by the CMS to drop payments for drug-coated balloons as of Dec. 31.


Experts: Hate crimes are a public health issue
Tuesday, August 22, 2017 5:00 PM
Public health leaders say hate crimes have a negative health impact on victims and communities.


Not-for-profit providers' rising expenses, dwindling revenue could spur mergers
Tuesday, August 22, 2017 4:00 PM
Not-for-profit providers' expense growth will likely continue to eclipse their revenue increases, as rising costs and downward pressure on reimbursement levels have a compounding effect over the years.


Healthcare organizations ask CMS to harmonize EHR requirements
Tuesday, August 22, 2017 2:00 PM
In comments on a proposed MACRA rule, healthcare organizations said they were happy that the CMS eased EHR requirements for the 2018 performance year, but they still want greater flexibility in which EHRs they could use.


Ascension to acquire Presence Health
Tuesday, August 22, 2017 2:00 PM
The deal would combine Presence Health, the largest Catholic health system in Illinois, with the nation's largest not-for-profit hospital company.


CliniComp sues to stop VA-Cerner contract
Tuesday, August 22, 2017 1:00 PM
CliniComp, an EHR vendor that supplies software to the VA and Defense Department, says it might have been considered for the contract had the VA conducted open and competitive bidding.


Northwestern doubles down on neurology
Tuesday, August 22, 2017 12:00 PM
Neurology is a particularly lucrative line of business since the specialty is procedure-heavy, and Medicare and commercial insurers pay well for those procedures. Investing in neurology could help providers' bottom lines and move them up in national...


Montefiore looks to engage West African community in hep-B prevention campaign
Tuesday, August 22, 2017 11:54 AM
An estimated 10% to 15% of the Bronx's 120,000 residents from West Africa may be infected with hepatitis B. Montefiore has launched a community outreach campaign to inform the community about health risks, screening and treatment.


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Tuesday, 22 August 2017

Modern Healthcare Breaking News

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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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