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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Federal tab for insurance subsidies may boost scrutiny of provider competition 3:32:29 AM With a string of comeback wins, the Federal Trade Commission has proved it's still capable of foiling healthcare consolidation it deems out of bounds -- even though most of the deals it fights these days are wrapped in the flag of reform. Should Medicare pull the plug on value-based purchasing? 1:01:00 AM The latest results of Medicare's Hospital Value-Based Purchasing program were dismal but unsurprising, and some policy experts are beginning to wonder if the program should be shelved. Blackstone purchase of TeamHealth offers turnaround promise outside of public view Thursday, November 03, 2016 4:00 PM Physician-staffing giant TeamHealth is taking steps to heal its IPC division, an effort that under Blackstone ownership can be best undertaken outside the glare of public equity markets. To fix IPC, management has created a separate leadership... Medigap preferred-hospital deals could spark kickback concerns but no fines Thursday, November 03, 2016 4:00 PM Medigap insurers and hospitals that enter preferred-network arrangements could run the risk of violating federal anti-kickback laws, but an HHS watchdog said it wouldn't fine those organizations due to low fraud risk. Some immune-boosting cancer drugs may pose rare heart risks Thursday, November 03, 2016 2:15 PM Doctors have found a disturbing downside to some powerful new drugs that harness the immune system to fight cancer. In rare cases, they may cause potentially fatal heart damage, especially when used together.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Cigna profits hit by CMS audit, legal fees for merger 9:15:00 AM Cigna's profit plummeted 16.9% in the third quarter of 2016 despite higher revenue and membership growth in its commercial employer business, the insurer said Thursday. Fall 2017 trial for alleged leader in $1B healthcare fraud 9:00:00 AM A fall 2017 trial date is set for a South Florida businessman accused of orchestrating a $1 billion Medicare and Medicaid fraud scheme. CMS funnels $140 million more into Medicare primary-care payments Wednesday, November 02, 2016 6:45 PM In the final 2017 physician fee schedule, the CMS announced changes to how Medicare pays for primary care that could result in an estimated $140 million in additional funding to providers, finalized a rule that publicizes data on Medicare Advantage... Surprise losses, cash crunch cause 68% drop in Adeptus shares Wednesday, November 02, 2016 5:04 PM The share price of Adeptus Health crashed 68% Wednesday after the operator of free-standing emergency departments posted a surprise $14.5 million loss from operations in the third quarter and took emergency measures to avoid a cash crunch. CHS ups hospital divestitures to 17 Wednesday, November 02, 2016 1:00 PM Community Health Systems is now working on seven transactions to sell 17 hospitals, its home-care business and other real estate, CEO Wayne Smith said during a third-quarter earnings call with analysts Wednesday. LifePoint partners with LHC Group to manage home health, hospice locations Wednesday, November 02, 2016 12:44 PM Brentwood, Tenn.-based LifePoint Health, which owns 20 home health and 10 hospice locations, has entered into a joint venture with LHC Group to manage the facilities. Open enrollment off to strong start on state, federal exchanges Wednesday, November 02, 2016 12:19 PM The Affordable Care Act's fourth open enrollment kicked off Tuesday just a week after HHS announced double-digit premium hikes for some unsubsidized exchange plans. But the news didn't seem to spook early-bird shoppers from signing up for 2017... Site-neutral pay rule leaves hospital-owned outpatient facilities with uncertain future Wednesday, November 02, 2016 11:45 AM Although the CMS relaxed some controversial provisions in its final rule on how off-campus facilities will be reimbursed by Medicare, experts say the change will still put pressure on hospitals' relationships with commercial payers and prevent them...

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Anthem says Q3 profit slipped nearly 6% 9:15:00 AM Anthem on Wednesday said its profit for the third quarter of 2016 fell nearly 6% as higher medical claims and expenses related to its pending tie-up with Cigna squeezed earnings. Healthways CFO Robert Dries resigns Tuesday, November 01, 2016 6:37 PM Wellness program provider Healthways on Tuesday said its CFO Robert E. Dries resigned after less than three months with the company. Trump says he would repeal ACA immediately Tuesday, November 01, 2016 3:59 PM At a rally Tuesday, the Republican presidential candidate and his running mate said rising premiums and reduced plan choices in the open enrollment period for exchanges under the Affordable Care Act show the law has failed. 425 doctors to leave Tufts physician network Tuesday, November 01, 2016 1:51 PM About 425 Southcoast Health physicians in New Bedford, Mass., have opted to leave the physician network of Tufts Medical Center in Boston after merger plans with another system fell through. ACA faces challenges in moving healthcare from volume to value Tuesday, November 01, 2016 12:23 PM Experts speaking Monday at a University of Chicago symposium on the Affordable Care Act agree the healthcare law is a step toward fixing a broken system by incentivizing physicians to produce better outcomes, but on the road to paying for value... Expert panel says ACA here to stay despite outcome of looming presidential election Tuesday, November 01, 2016 12:20 PM The upcoming presidential election will have far-reaching consequences on the future of healthcare in the U.S., but no matter the results, the changes already forged by the Affordable Care Act are here to stay, a panel of policy and legal experts... CHS shares continue descent as company confirms Q3 losses Tuesday, November 01, 2016 12:07 PM Investors punished Community Health Systems again Tuesday, driving down its stock price below $5 per share, just as the hospital chain confirmed its dismal third quarter. Envision lowers earnings guidance on eve of merger with AmSurg Tuesday, November 01, 2016 12:02 PM Physician staffing and healthcare solutions giant Envision Healthcare lowered its earnings guidance Tuesday as it enters the home stretch of preparations for a mega-merger with rival AmSurg. Net income in the third quarter fell to $28.4 million from... CMS awards new contracts for recovery audit contractors; CGI is out Tuesday, November 01, 2016 11:30 AM The CMS has awarded five new contracts for Medicare's controversial recovery audit contractor program. Veteran contractor CGI Group will not return.

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