Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Highmark losses mount for ACA exchange plans, Allegheny Health Network Thursday, September 03, 2015 6:15 PM Highmark Health reported an operating loss of $171 million during the first six months of the year as losses soared for health plans sold in Affordable Care Act exchanges. Bernd retiring as longtime CEO of Sentara Healthcare Thursday, September 03, 2015 5:26 PM David Bernd, CEO of Norfolk, Va.-based Sentara Healthcare, is retiring next year. Howard Kern, Sentara's president and COO, assumes the role after Bernd's retirement, effective March 3, 2016. Kirk Adams leaving longtime SEIU post Thursday, September 03, 2015 5:15 PM Kirk Adams, the longtime healthcare chief for the Service Employees International Union, is leaving that role to join the Healthcare Education Project, a joint effort of 1199SEIU United Healthcare Workers East and the Greater New York Hospital... Acquisition of Covidien bumps Medtronic's first-quarter sales by 12% Thursday, September 03, 2015 3:45 PM Leading medical-device maker Medtronic on Thursday reported a 12% jump in revenue for the first quarter of its fiscal 2016 over the same period last year, driven by its purchase of surgical-device maker Covidien in January. Sandoz launches sale of biosimilar Zarxio Thursday, September 03, 2015 3:30 PM The first biosimilar medication approved in the U.S. made its way to the market on Thursday, ushering in a new era of competition between such drugs and the original high-cost biologic therapies they emulate. HHS targets discrimination based on sex, gender identity Thursday, September 03, 2015 3:30 PM HHS proposed on Thursday to ban discrimination against transgender people throughout the healthcare system, carrying out anti-bias provisions in the Affordable Care Act. Pfizer completes $15B acquisition of Hospira Thursday, September 03, 2015 3:00 PM Drugmaker Pfizer says it has completed its roughly $15 billion purchase of the injectable-drug maker and infusion-device manufacturer Hospira, expanding its product offerings in a growing medical market.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Rules protecting human research subjects undergoing overhaul 9:00:00 AM HHS and 15 other agencies issued proposed updates to what's known as the Common Rule, which aims to protect human research subjects. The changes, coming ahead of a major White House precision-medicine initiative, include clearer consent rules for... Flawed VA data includes 300,000 'pending' enrollment records for dead vets Wednesday, September 02, 2015 5:15 PM The Veterans Health Administration is not effectively managing essential data, causing a large backlog of applications and other problems with getting veterans healthcare. The department's inspector general found that a third of the veterans whose... Competitor sues Florida system Health First Wednesday, September 02, 2015 4:15 PM A public hospital has joined a number of Florida providers alleging integrated system Health First is engaging in unfair business practices. The lawsuits come amid increasing numbers of health systems moving toward integration across the country. Indiana health system launches primary-care management joint venture Wednesday, September 02, 2015 3:37 PM Indianapolis-based Community Health Network has launched a joint venture with management company VillageMD to sell analytics and disease management services to primary-care physicians. Experimental cancer therapy shows promise in new studies Wednesday, September 02, 2015 1:25 PM Two papers published online Wednesday in the New England Journal of Medicine show promising results in the treatment of two rare blood disorders using an experimental therapy developed by Menlo Park, Calif., biopharmaceutical firm Geron Corp. Radiation oncology practice settles with HHS over data breach Wednesday, September 02, 2015 11:44 AM Cancer Care Group, a radiation oncology practice in Indiana, paid $750,000 to settle potential violations of the Health Insurance Portability and Accountability Act in connection with the theft of protected information from 55,000 current and former...

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Not enough votes to defund Planned Parenthood, McConnell says 8:45:00 AM The Senate's top Republican is conceding that his party will have to await the next president before it can cut off federal funds that go to Planned Parenthood, prompting heated rebuffs from conservatives. Patients much likelier to choose hospital that employs their doctor Tuesday, September 01, 2015 6:00 PM When patients have to go to the hospital, they're likely to choose a facility that employs their doctor, a new study suggests. The study, which finds that patients of independent doctors often choose low-cost and high-quality hospitals, hints that... Medicare Advantage plans to test value-based insurance design Tuesday, September 01, 2015 5:38 PM The CMS Innovation Center unveiled a new demonstration program Tuesday that will allow Medicare Advantage insurers to encourage the use of clinically valuable services by lowering out-of-pocket costs for enrollees. Capella completes $900 million sale to REIT Tuesday, September 01, 2015 5:35 PM Capella Healthcare, the privately held, Franklin, Tenn.-based chain, Tuesday announced it has finalized its $900 million sale to a real estate investment trust. In the deal, Medical Properties Trust acquires Capella's properties and a minority... Retooled two-midnight rule gets mixed reviews Tuesday, September 01, 2015 4:30 PM Providers and policy experts are split on the Obama administration's proposal to salvage the controversial two-midnight rule with a series of modifications intended to mollify its many critics. Some influential stakeholders still want it killed. Wisconsin hospital, LifePoint finalize joint venture Tuesday, September 01, 2015 4:00 PM Brentwood, Tenn.-based LifePoint Health and Watertown (Wis.) Regional Medical Center have finalized a joint venture that will own and operate the 55-bed hospital. SSM Health acquires St. Louis University Hospital Tuesday, September 01, 2015 3:00 PM SSM Health, St. Louis, on Monday closed a deal to acquire St. Louis University Hospital from Tenet Healthcare Corp. SSM says it plans to replace the hospital within five years. Michigan Medicaid expansion at stake with new waiver request Tuesday, September 01, 2015 2:48 PM Michigan has submitted a take-it-or-leave-it request to alter the terms of its Medicaid expansion, and coverage for about 600,000 residents is at stake. Trinity Health sells Michigan hospital to Prime as system sheds struggling properties Tuesday, September 01, 2015 2:30 PM Trinity Health, one of the nation's largest health systems, closed on a deal to sell a Michigan hospital to Prime Healthcare Services under a strategy to shed struggling hospitals. Georgia's big Medicaid winners will soon be announced Tuesday, September 01, 2015 12:29 PM This month, Georgia is expected to announce which private insurers will manage the care for 1.3 million low-income Medicaid beneficiaries. Analysts predict the incumbent plans will prevail.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Alaska Supreme Court won't block Medicaid expansion 8:45:00 AM Thousands of lower-income Alaskans will become eligible for Medicaid after the Alaska Supreme Court on Monday refused to temporarily block the state from expanding the healthcare program. Medtronic acquires aneurysm treatment startup Monday, August 31, 2015 8:23 PM In its second acquisition in just under a week, Dublin-based medical devicemaker Medtronic announced Monday evening that it had acquired Medina Medical, a device company focused on aneurysm treatment. For-profit hospitals continue to grow Monday, August 31, 2015 6:36 PM As hospitals around the country continue to consolidate and streamline operations, a leaner healthcare industry is also becoming a more profitable one. Moody's Investors Service Monday said there's a stable outlook for the future of the U.S. Ascension to acquire Crittenton Hospital Medical Center Monday, August 31, 2015 6:26 PM Ascension Health, St. Louis, will add another hospital to its sizable Michigan operations in a deal to acquire a struggling solo hospital in that state. Mount Sinai's operating surplus booms Monday, August 31, 2015 1:04 PM Riding a wave of discharges and investment income, New York-based Mount Sinai Hospital reported a 58.5% rise in operating surplus for the six months ended June 30, 2015. Lawmakers enlist researchers and patient advocates to support 21st Century Cures bill Monday, August 31, 2015 12:59 PM Members of Congress are tapping researchers and patient advocates to drum up support the 21st Century Cures Act. Nearly $9 billion in funding for the National Institutes of Health is meant to advance medical innovations. North Shore-LIJ's insurance company posts massive growth Monday, August 31, 2015 12:56 PM Revenue within the health insurance division of North Shore-LIJ Health System tripled in the past year, and the Great Neck, N.Y.-based organization has no intentions of slowing down investment in its payer operations. Whistle-blower in $320 million SCAN case not entitled to cash Monday, August 31, 2015 12:46 PM The whistle-blower whose case led to a whopping $320 million settlement between the government and SCAN Health Plan in 2012 is not entitled to any of that cash, a federal judge has ruled. Some say the decision could lead to fewer whistle-blowers... DaVita expands with Chinese kidney-care joint-venture Monday, August 31, 2015 12:15 PM DaVita Kidney Care, the dialysis arm of DaVita HealthCare Partners, is entering a joint venture kidney-care specialty hospital chain in northeastern China that the Denver-based company says is the first of its kind.

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