Friday, 11 December 2015

Modern Healthcare Breaking News

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Anthem CEO Joseph Swedish named chairman
Thursday, December 10, 2015 5:16 PM
Anthem President and CEO Joseph Swedish added another title to his nameplate this week. The health insurer's board of directors named him chairman of the board.


Pelosi stops short of threatening shutdown over ban on federally funded gun research
Thursday, December 10, 2015 3:15 PM
House Minority Leader Nancy Pelosi is pressing for next year's budget to include an end to the ban on government-funded research on gun violence. A Republican-led Congress in 1996 chose to defund such research after a CDC-supported study found...


Half of hospitals penalized for hospital-acquired conditions are repeat offenders
Thursday, December 10, 2015 3:15 PM
Critics say that hospitals that serve poorer and sicker patients may account for a significant portion of those on the repeat offender list. Search the data to see how individual hospitals scored and which ones were penalized in both years.


More states show improvement on health indicators
Thursday, December 10, 2015 1:00 PM
More states have improved on most health indicators, according to an annual study that's releasing results for the first time since the Affordable Care Act expanded coverage throughout the country.


ACA tax delays still on the table in ongoing budget negotiations
Thursday, December 10, 2015 12:00 PM
Lawmakers appear ready to push back the deadline for a budget agreement, as talks on a separate bill moved closer to delaying at least two taxes under the Affordable Care Act.


MedPAC backs proposal to slash millions from Medicare Advantage plans
Thursday, December 10, 2015 11:51 AM
Members of the Medicare Payment Advisory Commission on Thursday unanimously backed a package of recommendations that would reduce Medicare Advantage plan reimbursement by at least $200 million.


CMS posts new quality data for individual doctors over AMA protests
Thursday, December 10, 2015 11:49 AM
For the first time, Medicare has published quality performance scores for individual doctors, but only for those who volunteered data. About four in 10 are included.


LabCorp buys out women's health lab in California
Thursday, December 10, 2015 11:41 AM
Burlington, N.C.-based Laboratory Corporation of America has announced that it will take over Pathology, a full-service women's health laboratory in Torrance, Calf.


Despite deaths, most states not boosting mental health funding
Thursday, December 10, 2015 11:33 AM
Two reports out this week show how state governments are putting mentally ill citizens in danger. A report from the Treatment Advocacy Center found that at least 1 in 4 fatal police encounters involves the death of a person with a severe mental...


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Thursday, 10 December 2015

Modern Healthcare Breaking News

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Why hospital-owned health plans are big like cheese in Wisconsin
Wednesday, December 09, 2015 6:29 PM
Health systems have been eagerly launching or growing their own health plans as a way to cut out the middleman and take on more direct financial risk while caring for patients. In Wisconsin, providers have practiced that strategy for decades.


Berwick to join board of Mass. Health Policy Commission
Wednesday, December 09, 2015 6:12 PM
Former CMS Administrator Dr. Don Berwick has been appointed to serve on the board of Massachusetts' Health Policy Commission.


Senators say market for generic pharmaceuticals has failed
Wednesday, December 09, 2015 5:00 PM
In a congressional hearing Wednesday, lawmakers on both sides of the aisle blasted companies that have recently acquired off-patent drugs and then increased their prices.


Sutter Health maintains operating momentum as costs creep up
Wednesday, December 09, 2015 4:15 PM
Sutter Health, a 25-hospital system based in Sacramento, Calif., overcame rising costs in the third quarter as it saw additional revenue from higher volume, fewer self-pay patients and the return of the state's provider fee program.


Congressional budget deal may hamstring ACA funding
Wednesday, December 09, 2015 3:00 PM
Some Affordable Care Act taxes and a program to help insurers adjust to the new insurance market may be delayed or hamstrung in the budget deal that Congress is scrambling to reach ahead of a Friday midnight deadline.


Payers, states at odds on CMS plan to fix dual-eligible underpayment
Wednesday, December 09, 2015 2:00 PM
Health plans and state Medicaid directors disagree on how the CMS should fix its problem of underpaying plans with high numbers of dually eligible Medicare and Medicaid beneficiaries. In October, the agency said it would modify its risk-adjustment...


Blog: OB-GYNs and surgeons most likely to be sued, survey finds
Wednesday, December 09, 2015 1:40 PM
A survey of more than 4,000 U.S. primary-care physicians found that 59% had been named in at least one malpractice lawsuit in their career. Obstetricians, gynecologists and surgeons were the specialists most likely to be sued, according to Medscape...


Carson reshapes Medicare in healthcare plan
Wednesday, December 09, 2015 1:00 PM
Republican presidential hopeful Dr. Ben Carson wants to raise the Medicare eligibility age to 70 as part of a healthcare plan released Wednesday that would reshape the popular program for the nation's elderly in addition to overhauling Medicaid and...


WellCare eliminates chief medical officer position
Wednesday, December 09, 2015 11:13 AM
Dr. Steve Goldberg is no longer the chief medical officer of WellCare Health Plans, the managed-care insurer said this week. His position was terminated, but he will stay on with the company until April 1.


Interest in A/V add-ons drives up price of surgical lights
Wednesday, December 09, 2015 11:03 AM
Providers are paying more for surgical lights as interest grows in units with video monitor and camera attachments, according to the latest Modern Healthcare/ECRI Institute Technology Price Index.


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Wednesday, 9 December 2015

Modern Healthcare Breaking News

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For millions, health coverage would be cheaper than ACA's tax penalty
6:30:00 AM
The Affordable Care Act's individual mandate to buy health insurance for next year will be more costly than signing up for low-level coverage for 3.5 million Americans, according to an analysis released Wednesday by the Kaiser Family Foundation.


Healthcare funding in budget negotiation crosshairs
Tuesday, December 08, 2015 6:00 PM
Congressional leaders said Tuesday that they may work through the weekend to reach a budget deal, even though the deadline for a government shutdown is Friday at midnight. Republicans hope to push through delays to taxes funding the Affordable Care...


Private equity firm Apollo completes RegionalCare acquisition
Tuesday, December 08, 2015 4:15 PM
Investment fund Apollo Global Management on Tuesday completed the purchase of RegionalCare Hospital Partners, an eight-hospital system based in Brentwood, Tenn.


FTC moves to block Penn State Hershey merger with PinnacleHealth
Tuesday, December 08, 2015 4:00 PM
The Federal Trade Commission plans to ask a federal judge Wednesday to block Penn State Hershey Medical Center's proposed merger with PinnacleHealth System, saying the combination would lead to higher prices and lower healthcare quality in the area.


Not-for-profit N.J. hospitals may soon be helping local municipalities' finances
Tuesday, December 08, 2015 4:00 PM
Many not-for-profit hospitals in New Jersey might have to make payments to their local municipalities for community services. A bill introduced by three New Jersey senators Monday would impact 63 acute-care hospitals with for-profit operations.


Supreme Court to rule on theory underlying many healthcare fraud suits
Tuesday, December 08, 2015 3:00 PM
A case now before the U.S. Supreme Court could mean fewer fraud lawsuits filed against healthcare providers. Or it could at least give them more clarity about what constitutes a violation of the law, experts say.


Surplus dives at Lakeland Regional
Tuesday, December 08, 2015 1:15 PM
Lakeland (Fla.) Regional Medical Center saw its operating and net surplus tumble on higher revenue during its fiscal 2015 ended Sept. 30.


Trinity experiences growing pains
Tuesday, December 08, 2015 1:00 PM
Trinity Health tightened its grip on the New York market with the long-awaited acquisition of St. Joseph's Hospital Health Center in Syracuse, N.Y. But the deal brought pluses and minuses to Trinity's bottom line during the first quarter of the...


Ascension invests in Accretive Health, hands over more business
Tuesday, December 08, 2015 1:00 PM
Shares of troubled revenue-cycle management firm Accretive Health spiked as much as 50% Tuesday after the firm reached an equity and contract agreement with Ascension Health.


Beaumont Health appoints COO following merger
Tuesday, December 08, 2015 11:56 AM
The newly created Beaumont Health has appointed Carolyn Wilson as COO. Wilson previously served as executive VP and COO of Fairview Health Services in Minneapolis.


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Tuesday, 8 December 2015

Modern Healthcare Breaking News

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Physicians at San Bernardino hospital recount aftermath of deadly shooting
Monday, December 07, 2015 3:45 PM
Doctors gave harrowing accounts Monday of the events that took place last week after two shooters killed 14 people and wounded 21 others at a county social services building in San Bernardino, Calif.


Intermountain CEO Sorenson to retire
Monday, December 07, 2015 2:30 PM
Dr. Charles Sorenson, president and CEO of Salt Lake City-based Intermountain Healthcare, has announced he will retire from the top role in October 2016.


Detroit Medical Center announces layoffs, job redeployments
Monday, December 07, 2015 1:15 PM
Detroit Medical Center today announced layoffs, elimination of open positions and an overall 1% reduction in its workforce to reduce costs and improve efficiencies.


Advocates want mental health reform separate from gun control
Monday, December 07, 2015 11:43 AM
Politicians like House Speaker Paul Ryan (R-Wis.) have often pivoted to mental health reform measures when asked about recent gun violence, but experts say linking the two makes meaningful reform more difficult.


Waivers are new battlefront in Republican-led states that expanded Medicaid
Monday, December 07, 2015 11:34 AM
Providers, patients and lawmakers in Arizona and Iowa are urging the CMS to reject Medicaid changes proposed by Republicans. But in Michigan, the same array of stakeholders wants the CMS to allow conservative provisions to save the state's Medicaid...


Drug price hearing focuses on off-patent spikes
Monday, December 07, 2015 12:01 AM
A Senate subcommittee has asked four drug companies to provide company records, research and marketing cost information to better understand how drugmakers set the prices of products they've recently acquired.


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