General Electric (GE) plans to spin-off its healthcare unit as a business in itself, selling 20 percent and distributing the rest to shareholders, according to CNBC.
Shareholders will receive 80 percent of GE Healthcare's value as a tax-free...National News
Over 60 healthcare legislatures joined in sending a letter to Centers for Medicare and Medicaid Services (CMS) administrator Seema Verma regarding an interpretation of National Coverage Determination (NCD) for next-generation sequencing (NGS) that would limit accessibility to certain testing.
The Jan. 31 letter expressed explicit...National News
On Monday, the agency proposed options to make patient data more useful and transferable through open, secure, standardized, and machine-readable formats while reducing restrictive burdens on healthcare providers. Its impact will be felt by Medicare Advantage, Medicaid and plans on the exchange.
The agency is proposing to require MA...National News
Hacienda Healthcare last week agreed to give licensing authority of its facility to the Department of Health Services (ADHS) following dissent from state agencies concerning the Board of Directors decision to cease operations of the Intermediate Care Facility for Individuals with Intellectual Disabilities (ICF-IID).
A joint letter...National News
GT Medical Technologies Inc. secured a total of $10 million in funding during its Series A financing round led by a San Francisco-based venture capital firm, MedTech Venture Partners. The money was raised to help the medical tech company commercialize its radiation therapy technology post-brain operation.
President and CEO of the...National News
In 2017 health spending grew 4.8 percent year-over-year, the second consecutive year of deceleration in spending growth; from 2006 to 2017 growth in health spending per enrollee averaged 4.4 percent annually for the privately insured - Medicare averaged 2.4 percent and Medicaid, 1.6 percent, according to research from The Urban...National News
Election season is starting to heat up as numerous democratic candidates are eager to announce their bid for presidency and chime in with their ideas for the trendiest discussion--Medicare for All. The bill, most famously introduced by Vermont Senator and former presidential candidate Bernie Sanders, would create a single-payer...National News
A new report coming from the White House argues that the Trump administration's changes to the Affordable Care Act (ACA) have had a beneficial effect on its marketplace. The Council of Economic Advisors (CEA) report suggests the policy mandate changes actually do not undermine the law. It is an argument against the Democratic claim that...National News
Blue Cross and Blue Shield of North Carolina (BCBSNC) announced last month its Blue Premier program, a value-based model of healthcare that binds performance directly to payment. BCBSNC and five other health systems are responsible for fostering better outcomes with a lower cost.
The health systems include:
On Tuesday, Feb. 5, former Hacienda Healthcare nurse Nathan Sutherland pleaded not guilty for raping and impregnating a disabled 29-year-old woman in a vegetative state for nearly two decades. Sutherland was arrested last month after the woman unexpectedly gave birth to a baby boy on Dec. 29.
The unprecedented birth in December...National News
A new study released last month by the Georgetown Center on Health Insurance Reforms dove into states and their experience overseeing short-term insurance, which expanded from three to 12 months under the Trump administration. The study found that state officials are lacking data about which insurers are actively marketing the...National News
Providing data insights that drive operational changes and improve organizational agility in the midst of changing payment and delivery models requires confidence. A Kaufman Hall survey of healthcare executives charged with performance management representing more than 160 hospitals, health systems and organizations reveals insights of...National News
According to a widely reported May 2018 study, "The Price Ain’t Right? Hospital Prices and Health Spending on the Privately Insured," researchers found hospital prices rather than physician charges drove healthcare spending growth for the privately insured.
The authors of the study argue that because most healthcare pricing data...National News
In December, a 29-year-old woman in a vegetative state for over a decade gave birth to a baby boy and initiated a rape investigation that bled into the new year. Last week, Gov. Doug Ducey called for a "complete replacement" of the board at Hacienda Healthcare. Now that the alleged perpetrator, Nathan Sutherland, has been arrested,...National News
The Trump administration may have met defeat in repealing the Affordable Care Act (ACA), but the steps taken over the last two years to dismantle the legislation prove there are ramifications. The latest Gallup National Health and Well-Being Index, published last week highlighted a 2.8 percentage-point increase since 2016 in the...National News
The Centers for Medicare and Medicaid Services (CMS) announces its consideration to add coverage for acupuncture under the Medicare program for chronic lower back pain. The consideration for acupuncture comes in light of the opioid epidemic spreading across the country and the evidence behind effectiveness for non-drug treatments of a...National News
When it comes to business, the consumer is king. A great product can be sent to its demise if it is unsuccessful among consumers. Personal consumption is one of the four components of GDP and makes up the largest percentage accounting for almost 70 percent. Unsurprising is the healthcare industry's consistency as one of the least...National News
In a press release issued Jan. 18, the Arizona Department of Corrections (DOC) announced that Centurion of Arizona was awarded the contract to deliver healthcare to inmates at 10 state-run prisons. Corizon previously held the contract and received a per diem increase in May of 2018, increasing the contract by $32.6 million following the...National News
On Jan. 17, Pima County and the City of Tucson filed lawsuits in Pima County Superior Court for the drugmakers' role in the opioid crisis. The municipal and county duo are the latest to sue the firms, including the Arizona-based Insys Therapeutics; more than 1,500 local and state governments have filed complaints against drug...National News
Phoenix Police arrested licensed practical nurse Nathan Sutherland, 36, on charges of rape Wednesday morning after his DNA matched the baby recently born to an incapacitated patient while in the care of Hacienda Healthcare. Other fall out from the attack included the resignations of Hacienda's CEO and the patient's physician - a second...National News
The agency's Center for Medicare and Medicaid Innovation (CMMI) announced updates to the Value-Based Insurance Design (VBID) Model along with a brand new Part D Payment Modernization Model.
The VBID model was launched in 2017, the update announced last Friday is designed to further reduce Medicare costs, enhance the quality of care...