Sunday, 20 March 2016

Modern Healthcare Breaking News

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Murder charges against California rehab center dismissed
Saturday, March 19, 2016 11:41 AM
A California judge dismissed a murder charge Friday filed against a drug and alcohol rehabilitation center where a man died after seeking help to treat a drinking problem.


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Saturday, 19 March 2016

Modern Healthcare Breaking News

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Gov. Christie proposes freeze on hospital property tax liability
Friday, March 18, 2016 5:23 PM
More than a dozen New Jersey towns have filed lawsuits against not-for-profit hospitals seeking property tax payments, but on Friday, Gov. Chris Christie proposed a two-year freeze on payments while a commission studies the issue.


Unfair premium-subsidy denials are a bigger problem than fraud, Wyden says
Friday, March 18, 2016 5:00 PM
Some federal exchange plan customers are being unfairly denied subsidized coverage, or are losing their premium subsidies entirely because of document-processing problems, even as congressional Republicans push for stronger anti-fraud measures.


Florida AG wants Broward Health to pay $5 million settlement
Friday, March 18, 2016 4:19 PM
Florida's attorney general wants the embattled North Broward Hospital District to hand over $5.3 million for alleged violations of the state's anti-kickback and false claims statutes.


Feds expect smoother ACA tax season
Friday, March 18, 2016 3:15 PM
There's a little less than a month for Americans to turn in their tax forms to the federal government, and officials anticipate less confusion this year around the Affordable Care Act's individual reporting requirements.


Another legal defeat for faith-based health systems with pension plans
Friday, March 18, 2016 1:34 PM
Many faith-based health systems may soon be pouring millions into underfunded employee pension plans as federal appeals courts continue to side against them in cases over whether those plans are subject to federal protections.


FCC auction will scramble patient-monitor airwaves
Friday, March 18, 2016 11:52 AM
Despite objections by hospitals, the Federal Communications Commission is proceeding with an airwave auction next week that will force unlicensed wireless devices onto a channel previously reserved for patient monitors.


McKesson slashing workforce to contain costs
Friday, March 18, 2016 11:38 AM
The plan should save the drug distributor $170 million to $190 million before taxes in fiscal 2017, as well as incremental savings of $70 million to $90 million in 2018.


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Friday, 18 March 2016

Modern Healthcare Breaking News

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Verity Health System's new leadership goes to work on turnaround plan
Thursday, March 17, 2016 7:02 PM
Verity Health System, the hospital group formerly known as Daughters of Charity, is undertaking a three-prong improvement plan to turn around its struggling operating performance.


Vermont first state to file waiver request to duck ACA regulations
Thursday, March 17, 2016 5:00 PM
Vermont has filed a so-called 1332 state innovation waiver to avoid building a website for its small business insurance exchange. The request is narrow, and the states overall appear to be taking a conservative approach to the Affordable Care Act's...


Presence Health in talks with lenders after 2015 losses
Thursday, March 17, 2016 5:00 PM
Presence Health is negotiating with lenders after billing and collection failures left the Chicago-based health system in violation of its borrowing agreements.


Johnson & Johnson must pay $502 million over hip devices
Thursday, March 17, 2016 3:39 PM
A federal jury decided Thursday that Johnson & Johnson must pay five Texans $502 million for injuries caused by defective hip replacement devices. The outcome could affect how similar cases filed by another 7,000 plaintiffs are resolved.


Toshiba selling medical unit to Canon
Thursday, March 17, 2016 3:14 PM
Toshiba Corp., a manufacturer of imaging equipment, is selling its medical unit to Canon for about $6 billion. The move comes as Toshiba looks to reorganize and refocus its business in an effort to improve its ailing finances.


Lawmakers challenge Turing executives on drug price hikes
Thursday, March 17, 2016 3:14 PM
The former top lawyer for Turing Pharmaceuticals said Thursday that he and other executives warned Martin Shkreli against the drastic price hike that triggered a national backlash against the company and its 32-year-old former CEO.


Volatile markets bring investment losses, opportunities for not-for-profit hospitals
Thursday, March 17, 2016 2:39 PM
The nation's not-for-profit hospital operators have billions of dollars in reserves invested in stocks, bonds, private equity and hedge funds. And, like investors everywhere, they have seen recent volatility deliver eye-popping losses -- and new...


Blog: Socio-economic factors impact hospital readmissions
Thursday, March 17, 2016 11:55 AM
Socio-economic factors such as income, race, gender and age can predict whether a patient will be readmitted within 30 days of discharge from a hospital, according to a study.


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Thursday, 17 March 2016

Modern Healthcare Breaking News

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Mental health reform bill heads to Senate, still without funding
Wednesday, March 16, 2016 5:36 PM
The Senate Health, Education, Labor and Pensions Committee easily moved along the reform bill and four measures to combat opioid abuse at a hearing Wednesday.


Hedge fund eyeing TeamHealth board seats found Schlichting at Walgreen
Wednesday, March 16, 2016 4:40 PM
Nancy Schlichting, retiring CEO of the Henry Ford Health System, saw firsthand as a member of Walgreen's board of directors what Jana Partners could achieve.


SCOTUS pick has history in healthcare-related cases
Wednesday, March 16, 2016 3:30 PM
President Barack Obama has nominated Merrick Garland, chief justice of the U.S. Court of Appeals for the District of Columbia. Garland was part of a three-judge panel that sided with hospitals in a case over Medicare outlier payments.


House 10-year budget plan would eliminate subsidies, make cuts to Medicaid
Wednesday, March 16, 2016 2:53 PM
The House Budget Committee on Wednesday pressed ahead with a 10-year spending plan that promises sweeping cuts to healthcare programs and federal agencies even as a tea party rebellion threatens to derail the measure later on.


Conservative lawmakers, Aetna CEO suggest Advantage plans could help save Medicare
Wednesday, March 16, 2016 12:06 PM
Lawmakers, health policy experts and the chief executive of one of the nation's largest insurers believe Medicare Advantage could help keep the Medicare program solvent.


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