Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Rising operating costs, small reimbursement hurt Cleveland Clinic finances Friday, December 02, 2016 5:33 PM The Cleveland Clinic's operating margin through September this year is significantly smaller than the like timeframe in 2015, which Clinic CEO Dr. Toby Cosgrove touted as "the best financial year" in the system's history. Supreme Court takes up hospital pension dispute Friday, December 02, 2016 2:38 PM The Supreme Court will decide whether some of the nation's largest health providers can rely on their church affiliation to avoid complying with federal laws covering pension benefits for workers. Report predicts more healthcare cyber and ransomware attacks in 2017 Friday, December 02, 2016 2:31 PM Hospital networks continue to be "a ripe target for attackers," according to credit reporting firm Experian's cyber attack predictions report. Hospital data is spread over different networks, making it harder to defend than more... Healthcare leads November job creation but are cloudy times ahead? Friday, December 02, 2016 11:21 AM The healthcare industry again was the leading job-producing sector of the economy in November, driving overall private-sector employment to a solid 178,000 gain. But the promised repeal of Obamacare and a looming interest-rate hike is giving... Healthcare spending hits $3.2 trillion in 2015 Friday, December 02, 2016 11:11 AM Healthcare spending increased 5.8% and national healthcare expenditures were nearly 18% of GDP in 2015, according to a CMS report.

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Modern Healthcare Breaking News

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Trump win buoys push for new abortion limits in Arkansas 8:13:32 AM A Republican lawmaker in Arkansas plans to file legislation next week to prohibit dilation and evacuation, or "D&E," a second trimester procedure that abortion supporters say is the safest and most common. Head of Ways and Means says GOP will change Medicare, to 'save' it 8:07:23 AM The chairman of a key House committee is pledging that congressional Republicans will change Medicare in order to save it. American Well partners with startup Tyto Care to enrich virtual visits Thursday, December 01, 2016 3:51 PM Telehealth firm American Well has partnered with startup Tyto Care to allow clinicians to physically examine their patients during a virtual visit. Ohio pulls license of one of state's last few abortion clinics Thursday, December 01, 2016 11:33 AM Ohio has revoked the operating license of one of the state's few remaining abortion clinics on the grounds that it failed to obtain a required transfer agreement with a nearby hospital for emergencies. Christus enters merger talks with Good Shepherd Thursday, December 01, 2016 11:29 AM The companies expect to complete due diligence by early 2017 and initiate state and regulatory reviews while moving toward a definitive agreement. Christus has been building its presence in northeast Texas. AHA sends Trump a wish list of more lax laws and regulations Thursday, December 01, 2016 11:18 AM The American Hospital Association has reached out to Donald Trump in hopes that he and the upcoming Congress will make a slew of regulatory and legislative changes that lower requirements for electronic health records, soften anti-kickback laws and... Pfizer to use IBM Watson to devise immunotherapies for cancer Thursday, December 01, 2016 11:09 AM Pfizer claims to be one of the first companies to use Watson's abilities for drug discovery and the first to use it for immuno-oncology -- lucrative types of drugs that could be a major revenue source for Pfizer if its research succeeds. Hospice company denies kickback scheme linked to cancer doctor Thursday, December 01, 2016 11:03 AM Vitas Healthcare, based in Miami, is denying that it paid kickbacks to Dr. Farid Fata, who is serving a 45-year prison sentence for putting hundreds of patients through needless cancer treatments.

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare 1 in 4 want to see ACA repealed 12:01:00 AM More than a quarter of people surveyed by the Kaiser Family Foundation after the election want to see the Affordable Care Act repealed. About two-thirds want it replaced with a Republican-sponsored alternative. House bill calls for tweaks to panel that influences payment for preventive screenings Wednesday, November 30, 2016 2:34 PM Members of a House committee on Wednesday said they want the U.S. Preventive Services Task Force to invite more input to ensure its guidance, which can influence how much an insurer pays for preventive services, is independent and unbiased. 21st Century Cures seeks multiple health IT policy improvements Wednesday, November 30, 2016 12:11 PM Arguably the most potent new provision of the proposed law references the rather wonky concept of data blocking, redubbed "information blocking." Hospice provider to pay $200,000 to settle kickback allegations tied to Fata Wednesday, November 30, 2016 11:43 AM A company that provides hospice care has agreed to pay $200,000 to settle allegations that it contributed to a cancer doctor's foundation in exchange for patient referrals, the U.S. Attorney's office said Tuesday. Rep. Levin drops ranking role on House Ways and Means to focus on ACA protection Wednesday, November 30, 2016 11:35 AM U.S. Rep. Sander Levin, a champion of the Affordable Care Act, will not seek re-election as ranking member of the House Ways and Means Committee so he can focus on, among other things, preserving the ACA. AmSurg/Envision tie-up joins S&P 500 Wednesday, November 30, 2016 11:23 AM With a market capitalization of about $10 billion, the newly minted Envision Healthcare Corp. on Thursday will replace Legg Mason on the index as part of the healthcare category. CVS pairs up with OptumRx to compete against rival Walgreens Wednesday, November 30, 2016 11:20 AM CVS Health is partnering with UnitedHealth's pharmacy-benefit manager business OptumRx in a move that helps the retailer compete with rival drugstore chain Walgreens, which struck a similar deal with OptumRx earlier in the year. University Hospitals, Medtronic partner to improve care delivery Wednesday, November 30, 2016 11:18 AM Dublin-based Medtronic will partner with University Hospitals in Cleveland to improve workflow and streamline processes at UH Cleveland Medical Center's catheterization and electrophysiology laboratories. Judge rejects Obama administration's request to freeze insurer's risk-corridor lawsuit Wednesday, November 30, 2016 11:13 AM A federal judge denied the Obama administration's request to pause a risk-corridor case brought by Portland, Ore.-based insurer Moda Health until courts rule on similar lawsuits.

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Modern Healthcare Breaking News Latest Breaking News from Modern Healthcare Advocates see mental health, substance abuse reforms in Cures bill as big step forward Tuesday, November 29, 2016 3:12 PM A vote on the 21st Century Cures Act could boost mental healthcare and addiction treatment. But advocates worry that a repeal of the Affordable Care Act's Medicaid expansion could undercut the benefits of the new legislation. Insurers, physicians ask Congress to reject site-neutral provision in 21st Century Cures Tuesday, November 29, 2016 1:45 PM The Blue Cross and Blue Shield Association and America's Health Insurance Plans are among those asking Congress to reject a provision in the 21st Century Cures Act that allows some hospital-owned outpatient facilities to dodge recently finalized... Trump's CMS pick is viewed as both patient advocate and foe Tuesday, November 29, 2016 1:36 PM Verma has supported charging premiums to individuals above and below the poverty line and freezing beneficiaries out of coverage if they don't pay. But she could prove to be a knowledgeable ally to states looking to better control their Medicaid... Abortion rights activists decry Price nomination as HHS secretary Tuesday, November 29, 2016 1:33 PM "His voting record is just breathtakingly, across-the-board concerning for women's health and families," said Dr. Anne Davis, consulting medical director at Physicians for Reproductive Health. Cures Act would give pass to lowest-quality Medicare Advantage plans Tuesday, November 29, 2016 11:52 AM If Congress passes the 21st Century Cures Act, the federal government would be barred from axing the worst performers in Medicare Advantage through 2018. 21st Century Cures Act reboot keeps controversial changes for FDA Tuesday, November 29, 2016 11:48 AM With the fast-tracked reboot of the 21st Century Cures Act, drug and device manufacturers may be about to win long sought revisions to the way the Food and Drug Administration approves and regulates their products. Zenefits will pay $3.7 million settlement over licensing issues Tuesday, November 29, 2016 11:36 AM The Silicon Valley-based company was dinged by state regulators for allegedly allowing unlicensed employees to handle insurance transactions and for circumventing insurance agent education requirements. Henry Ford drops out of bundled-payment program Tuesday, November 29, 2016 11:32 AM Henry Ford is one of dozens of other hospitals, medical groups and nursing homes nationally that have dropped out of the bundled-payment model program over the past three years for a variety of reasons. MetroHealth will spend $855 million to transform Cleveland campus Tuesday, November 29, 2016 11:13 AM The MetroHealth System plans to construct a new hospital to replace its aging patient towers, laying out a path to move forward with its long-discussed campus transformation on its own credit. UPMC hourly workers strike to protest wages, union rights Tuesday, November 29, 2016 11:12 AM More than 100 workers at Pittsburgh-based UPMC staged a labor strike Tuesday to protest wages and union rights. The striking workers allege UPMC has prevented them from forming a local under the Service Employees International Union-Healthcare...

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