Tuesday, 26 April 2016

Modern Healthcare Breaking News

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Modern Healthcare Breaking News

Latest Breaking News from Modern Healthcare

Bill Ryan, CEO of Ohio hospitals advocacy group steps down
11:39:34 AM
The Center for Health Affairs announced Monday, April 25, that its president and CEO Bill Ryan will retire at the end of the year.


CHS names Tim Hingtgen to senior operations role
Monday, April 25, 2016 6:06 PM
Community Health Systems has named Tim Hingtgen as its executive vice president of operations and John McClellan president of its division IV operations, which includes 31 affiliated hospitals in New Jersey, Ohio, Oklahoma and Pennsylvania.


85% medical-loss ratio in final managed Medicaid rule
Monday, April 25, 2016 5:30 PM
The CMS has finalized a long-awaited rule that will overhaul managed Medicaid, which has not been updated in a decade. The medical-loss ratios were capped at 85%, and network adequacy issues have been punted to states.


Coalition says transparency, value-based pay could contain drug costs
Monday, April 25, 2016 11:57 AM
The Campaign for Sustainable Rx Pricing has released several ideas that focus on three key areas of transparency, competition and value.


Health insurer execs reap massive rewards in deal-heavy 2015
Monday, April 25, 2016 11:55 AM
UnitedHealth Group CEO Stephen Hemsley earned $14.5 million in 2015, according to a filing Friday, but he wasn't the top-earning health insurance executive.


A new alternative to an MRI?
Monday, April 25, 2016 11:43 AM
Medical technology can spot disease, but often only when a patient already is in imminent danger. What if a simple handheld device could scan the body to detect disease much sooner?


Southeast Michigan health systems reverse trends, reap profits
Monday, April 25, 2016 11:36 AM
After several years of continued Medicare reimbursement cuts and financial penalties under the ACA that have dampened profitability, the five systems in metro Detroit that reported 2015 financial data to Crain's Detroit Business positively rebounded...


Liquidation begins for failed Obamacare insurer
Monday, April 25, 2016 11:30 AM
After months of uncertainty surrounding Health Republic Insurance of New York's liquidation process, new court documents released April 22 provide clarity on what creditors can expect to receive. That is a welcome development for doctors and other...


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Monday, 25 April 2016

Modern Healthcare Breaking News

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Modern Healthcare Breaking News

Latest Breaking News from Modern Healthcare

A new alternative to an MRI?
11:43:17 AM
Medical technology can spot disease, but often only when a patient already is in imminent danger. What if a simple handheld device could scan the body to detect disease much sooner?


Southeast Michigan health systems reverse trends, reap profits
11:36:07 AM
After several years of continued Medicare reimbursement cuts and financial penalties to help pay for the Affordable Care Act that have dampened profitability, the five systems in metro Detroit that reported 2015 financial data to Crain's positively...


Valeant taps Perrigo leader to become next CEO
11:33:20 AM
Embattled drugmaker Valeant Pharmaceuticals has chosen Perrigo Co. CEO Joseph C. Papa to become its new CEO, replacing J. Michael Pearson. Valeant said Monday that the 60-year-old executive will start early next month.


Liquidation begins for failed Obamacare insurer
11:30:00 AM
After months of uncertainty surrounding Health Republic Insurance of New York's liquidation process, new court documents released April 22 provide clarity on what creditors can expect to receive. That is a welcome development for doctors and other...


Nurses at Stanford hospitals and clinics vote to strike
Sunday, April 24, 2016 5:44 PM
More than 2,700 Bay Area nurses working at Stanford Health Care and Lucile Packard Children's Hospital have voted to strike after failing to reach a contract agreement. The two sides return to the bargaining table Monday in Palo Alto, Calif.


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Saturday, 23 April 2016

Modern Healthcare Breaking News

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Modern Healthcare Breaking News

Latest Breaking News from Modern Healthcare

David Miller will retire as president, COO of Community Health Systems
Friday, April 22, 2016 7:57 PM
Community Health Systems announced that David L. Miller, president and chief operating officer, will retire at the end of the year. Miller departs after 19 years with CHS.


Life expectancy dipped a bit for white women in U.S.
Friday, April 22, 2016 6:30 PM
Life expectancy for white women has fallen a little, according to a new government report. Life expectancy held steady for black women and white men, and increased for black men, Hispanic men and Hispanic women.


Ohio Medicaid waiver could cost hospitals $2.5 billion
Friday, April 22, 2016 5:03 PM
A provision of the pending Medicaid waiver request submitted by the administration of Republican Gov. John Kasich would eliminate 90-day retroactive coverage. That could cost hospitals as much as $2.5 billion over the course of the five-year waiver,...


Ruling on cost-sharing subsidies could rattle insurers in midst of rate-setting
Friday, April 22, 2016 4:53 PM
Another bombshell could soon drop on the Affordable Care Act insurance exchange market, and it might come at a highly vulnerable moment for Obamacare. A federal judge is expected to soon issue her ruling in a case that challenges the Obama...


Supreme Court to hear patent case with major implications for drugmakers
Friday, April 22, 2016 4:50 PM
The pharmaceutical industry is closely watching a case slated to go before the U.S. Supreme Court on Monday over who should potentially have the upper hand in many patent battles between generic and brand-name drug makers.


Schumacher and ECI merger would create physician-staffing giant
Friday, April 22, 2016 3:33 PM
Schumacher Clinical Partners, a physician staffing company with 5,200 doctors contracted to hospitals, has agreed to acquire ECI Healthcare Partners in a deal that will put the combined company in 32 states.


Does drop in antidepressant use correlate with spike in suicides?
Friday, April 22, 2016 1:17 PM
The rise in suicides over the past decade is a stark reversal of the declines seen during the 1980s. Some blame the way the primary-care system approaches depression, which, if left untreated contributes to a vast majority of suicide attempts.


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Friday, 22 April 2016

Modern Healthcare Breaking News

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Modern Healthcare Breaking News

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Arkansas GOP governor uses veto to save Medicaid program
8:45:00 AM
Gov. Asa Hutchinson on Thursday effectively saved Arkansas' first-in-the-nation hybrid Medicaid expansion by voiding part of a budget bill that would have ended the subsidized insurance for more than 250,000 poor people.


CMS proposes raising payment rates for hospice, skilled nursing and rehab
Thursday, April 21, 2016 6:00 PM
Skilled-nursing facilities may see an $800 million bump, Medicare might pay out $125 million more to rehab facilities, and hospices could get a $330 million increase.


Anatomy of a layoff: How an embattled New York health insurer broke the news
Thursday, April 21, 2016 4:00 PM
The way in which EmblemHealth went about the layoffs has left many former employees angry, and they have turned to Florida labor attorney Sara Blackwell to fight the changes.


Walgreens will pay $500,000 to settle New York overcharging probe
Thursday, April 21, 2016 3:41 PM
Walgreens will pay $500,000 to settle the latest case of a company accused of duping New York consumers over prices.


Detroit Medical Center makes offer to acquire Wayne State University Physician Group
Thursday, April 21, 2016 12:45 PM
Detroit Medical Center on Wednesday asked permission of its academic teaching partner, Wayne State University School of Medicine, to present an offer to acquire the medical school's 500-member faculty practice plan.


N.Y. hospital featured on TV show will pay $2.2 million HIPAA settlement
Thursday, April 21, 2016 12:34 PM
New York-Presbyterian Hospital has agreed to pay $2.2 million to settle allegations that it violated patient privacy rules by allowing a television crew to film patients without their consent.


American Renal pitches physician clinic ownership in $165 million IPO
Thursday, April 21, 2016 12:32 PM
American Renal Associates, which owns clinics in partnership with physicians, raised $165 million through an initial public offering that sets the stage for the company to expand into new markets. The company co-owns nearly 200 dialysis centers and...


Covered California will exclude hospitals with high rates of C-sections
Thursday, April 21, 2016 12:30 PM
Covered California, the state's insurance exchange, will exclude hospitals with high rates of C-sections in an effort to reduce the overall number of medically unnecessary cesarean births, which can be costly and carry higher risks for mother and...


Quest profits jump by 67% in Q1
Thursday, April 21, 2016 11:42 AM
Quest Diagnostics' profits soared in the first quarter as the company doubled down on its core business of diagnostic lab services.


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