Saturday, 19 November 2016

Modern Healthcare Breaking News

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Modern Healthcare Breaking News

Latest Breaking News from Modern Healthcare

Dignity's Lloyd Dean resigns from Navigant's board
Friday, November 18, 2016 5:06 PM
Lloyd Dean, CEO of Dignity Health, is resigning from the board of directors at Navigant Consulting. Dean is looking to spend more time on Dignity's pending merger with Catholic Health Initiatives.


Dr. Denton Cooley, who performed first heart transplant in the U.S., dies at 96
Friday, November 18, 2016 4:10 PM
Dr. Denton Cooley, the world-renowned cardiovascular surgeon and founder of the Texas Heart Institute, died Friday at age 96.


GOP lawmakers move to bar Obama administration from settling risk-corridor lawsuits
Friday, November 18, 2016 4:09 PM
A group of Republican senators introduced a bill Friday to bar the government from paying any award or settlement to the growing number of health insurers suing for funds owed to them under one of the Affordable Care Act's risk programs.


Memorial Hermann hospital and a Kindred nursing home win 2016 Baldrige awards
Friday, November 18, 2016 12:23 PM
Memorial Hermann Sugar Land Hospital and Kindred Nursing and Rehabilitation Center-Mountain Valley are among the four winners of the annual Malcolm Baldrige National Quality Award, the nation's highest presidential honor for excellence among...


Curae sees opportunity in rural hospitals that for-profit chains are selling
Friday, November 18, 2016 12:03 PM
The big for-profit chains nowadays are selling rural hospitals because, even if they are profitable, they can't generate the margins that shareholders demand.


Pfizer sues Texas agency over leaked drug prices
Friday, November 18, 2016 12:01 PM
Pfizer has to give the Texas Health and Human Services Commission drug price information as part of the state's Medicaid program. But that information isn't supposed to be handed over to legislators.


AMA releases guidance on safe, effective use of digital health devices
Friday, November 18, 2016 11:43 AM
The new AMA policy comes as digital health devices are increasingly being used by patients to promote wellness. Yet, the devices are unregulated, rarely covered by insurance, and can be compromised.


CMS survey of patients under MIPS not likely to shed light
Friday, November 18, 2016 11:28 AM
The CMS next year will ask Medicare beneficiaries how their providers are doing under new payment models aimed at improving the quality of care while lowering cost. But critics say it's not likely to help consumers.


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Friday, 18 November 2016

Modern Healthcare Breaking News

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CHS has buyer for hospitals in Spokane, Wash.
Thursday, November 17, 2016 9:36 PM
MultiCare Health System is buying two hospitals and a multi-specialty clinic for $425 million. The companies said the price is subject to certain unidentified adjustments.


Hospital stocks rise as defiant Yellen vows to stay on under Trump
Thursday, November 17, 2016 4:45 PM
Healthcare providers posted solid gains Thursday after Federal Reserve Chair Janet Yellen assured markets that she would continue to go slow on interest-rate hikes and she planned to stay at the helm of the money-policy board through the end of her...


ACA repeal without replacement could spur insurer exodus
Thursday, November 17, 2016 3:29 PM
Repealing the Affordable Care Act without promptly passing a replacement, combined with administrative actions undermining the law, could prompt health plans to abandon the individual insurance markets in 2018 and possibly as early as 2017.


CMS launches online tool to ease MACRA compliance
Thursday, November 17, 2016 1:57 PM
The tool is an application program interface or API that will allow physicians and their practices to build software that enables sharing of quality measure data for MACRA.


Did looming ACA repeal doom Medicaid expansion in South Dakota?
Thursday, November 17, 2016 1:35 PM
Republican Gov. Dennis Daugaard of South Dakota abandoned plans to expand Medicaid after a meeting with Mike Pence. The vice president-elect could have warned him that the GOP-led Congress will repeal the Affordable Care Act's matching federal...


Ascension's newly acquired Wisconsin hospitals carry quarterly surplus
Thursday, November 17, 2016 1:21 PM
Wheaton Franciscan Healthcare's Milwaukee-area hospitals already has paid dividends for Ascension. The Catholic hospital giant posted higher revenue and operating income in the first quarter of 2017, largely due to acquiring Wheaton in March.


U.S. has its first healthcare quality and safety PhD program
Thursday, November 17, 2016 12:08 PM
The program, at Northwestern University, leverages the expertise of professionals from outside of healthcare to bring a fresh approach to solving problems within healthcare.


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Thursday, 17 November 2016

Modern Healthcare Breaking News

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Veterans Affairs whistleblower resigns, citing retaliation
10:34:57 AM
A Department of Veterans Affairs employee who told Congress the agency was using unauthorized wait lists for mental health care in Colorado has resigned, saying he was...


WellCare bets on Medicare with $800 buyout of Universal American
8:16:08 AM
WellCare Health Plans will acquire Universal American in a deal valued at $800 million, bolstering the company's investment in Medicare Advantage and accountable care organizations.


ER patients have 1 in 4 chance of getting surprise out of network bill
7:40:56 AM
Patients who get ER care at an in-network hospital have a nearly 1 in 4 chance of getting a surprise bill because they were treated by an out-of-network ER doctor, according to a new study in the New England Journal of Medicine.


Susan G. Komen's CEO is stepping down
7:24:07 AM
Dr. Judith Salerno is stepping down as President and CEO of the breast cancer research group to pursue new opportunities. Susan G. Komen's general counsel, Ellen Wilmott will step into the role on an interim basis.


Advocate, NorthShore vow to continue fight to merge
Wednesday, November 16, 2016 1:50 PM
Advocate Health Care and NorthShore University HealthSystem will continue their fight to merge despite a recent court ruling that weakened their case.


Americans are sicker, skip care more than citizens of other high-income nations
Wednesday, November 16, 2016 12:40 PM
Americans are sicker and have more trouble affording care than 10 other high-income countries. Almost half of U.S. adults with low incomes can't get the care they need, and many resort to the emergency room for treatment, according to the...


As Trump plans ACA repeal, HealthCare.gov enrollment tops 1 million
Wednesday, November 16, 2016 12:19 PM
Despite a surge in enrollment in HealthCare.gov coverage the day after the presidential election, plan selections for the first two weeks of open enrollment are just slightly ahead of last year's.


WellCare caps legal expenses for former execs in fraud case
Wednesday, November 16, 2016 12:07 PM
WellCare Health Plans has entered agreements that cap costly legal expenses for two former top executives convicted of defrauding Medicaid in a case that started nearly a decade ago. The settlements also allow the executives to cash in stock.


Florida looks to cover housing services under Medicaid
Wednesday, November 16, 2016 12:02 PM
Florida would reimburse managed-care plans for residential placement and other services for some Medicaid enrollees. It's one of many recent moves to address social, economic and environmental factors that influence health, such as housing.


HCA hub architect Sam Hazen adds president's title to COO role
Wednesday, November 16, 2016 11:26 AM
Sam Hazen, the top operating executive at 170-hospital HCA Holdings, has added the title of president to his position as chief operating officer. Hazen was instrumental in positioning HCA as the nation's healthiest investor-owned hospital chain.


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Wednesday, 16 November 2016

Modern Healthcare Breaking News

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GOP governors hope to move fast on making promised changes
8:11:49 AM
Republicans are still celebrating their election victories, but the country's GOP governors warned this week that they need to move fast on many of the changes that have been promised to voters.


'Death with Dignity' bill passes in DC, will go to Congress
8:08:26 AM
District of Columbia lawmakers have given final approval to a bill that would allow terminally ill patients to end their own lives with the help of a doctor.


Trump's HHS secretary could be surgeon Rep. Tom Price
Tuesday, November 15, 2016 4:36 PM
President-elect Donald Trump is considering Rep. Tom Price, the powerful Republican orthopedic surgeon from Georgia, as a potential HHS secretary, according to news reports.


Short-term health plan brokerage abruptly changes CEO
Tuesday, November 15, 2016 3:41 PM
Health Insurance Innovations, a brokerage that sells many short-term health plans, appointed a new CEO Tuesday with few details behind the switch.


Could replacing nurses with nursing assistants pose risks to patients?
Tuesday, November 15, 2016 3:21 PM
The study is salient as hospitals look for ways to cut costs, including by changing the skill mix of nursing staff by hiring assistants with less training.


Calif. Supreme Court says HMOs are on the hook for clients' emergency bills
Tuesday, November 15, 2016 1:45 PM
The California Supreme Court on Monday guaranteed that HMOs will pay for noncontracted emergency services in the state, telling insurers they can't hide behind third-party contracts to avoid paying emergency providers.


Oil slump, bad debt push Integris Health into red
Tuesday, November 15, 2016 1:44 PM
Economic troubles in the oil patch and bad debt contributed to a first-quarter operating loss and a slight decline in revenue at Integris Health. The Oklahoma City-based system's finances are now in the hands of new CFO Daniel Davis.


New Jersey physician agrees to $5.25M settlement, exclusion for false billing
Tuesday, November 15, 2016 1:42 PM
A New Jersey OB-GYN has agreed to pay $5.25 million and will be excluded from Medicare and Medicaid for 20 years to settle allegations that he submitted thousands of false claims to federal healthcare programs.


Medicare plans urge lame-duck Congress to fix quality-bonus glitch
Tuesday, November 15, 2016 1:37 PM
Insurers are pushing for the lame-duck Congress to fix an unintended glitch in the Affordable Care Act that shortchanges some Medicare Advantage plans on the incentive payments they earned for providing high-quality healthcare. The glitch, they say,...


AMA embraces value-based drug pricing
Tuesday, November 15, 2016 1:34 PM
The American Medical Association joined the growing number of clinical organizations calling for value-based pricing for medications.


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