The Phoenix campus will nearly double, adding 1.4 million square feet of medical space and employ 2000 more people. The giant non-profit, which is consistently ranked at the top of surveys and lists of hospitals and systems, will spend over $648...National News
In an email to shareholders, CEO David Taylor said the company will try to pay unsecured creditors with about $5 million in remaining cash.
The Silicon Valley firm said big name investors had lost about $1 billion.
In June of this year, a federal grand jury indicted Theranos founder Elizabeth A. Holmes and former president Ramesh...National News
CMS set the performance threshold at 15 points in 2018. To earn an incentive and avoid a penalty in 2020 clinicians and group practices must score above the performance threshold.
The AMA has developed a resource, “How to Avoid a Penalty in 2018 MIPS Program,” that outlines different ways that physicians in both small and large...Arizona News
A former U.S. Senator, Kyl represented Arizona in Washington for nearly two decades before retiring in 2013 as a respected GOP leader. He's expected to be a 'yes' vote for Trump's Supreme Court nominee Brett Kavanaugh.
Learning of the appointment U.S. Sen. Jeff Flake (R- Ariz.) said,
There is no one more qualified and Arizona...Arizona News
A discussion with The Hertel Report Publisher Jim Hammond on the most important stories we covered the week ending August 30, 2018.
Click on the microphone below to listen to the conversation moderated by Veronica Graff, a contributor to The Hertel Report.
Get a quick look at the winners and losers in the Medicare Shared Savings Program (MSSP) in performance year 2017.
The big winner again is Scottsdale Health Partners, which managed 25,000 members, saved $46.2 million and earned $19.5 million.
Newcomer Abacus, which manages 28,000 members in Southern Arizona, saved $7.9 million...Arizona Comings & Goings
Mark Tolley has joined Arizona Complete Health as director of contracting and network development. He was formerly director of managed care for Chicago and St. Louis markets at Tenet Healthcare.
...Arizona Comings & Goings
Connie Hakanson is now director of provider payment innovation and provider network management at Arizona Complete Health (ACH). She was formerly the assistant director for UCare Minnesota.
...Arizona Comings & Goings
Dr. Derksen, a University of Arizona faculty member and administrator, is now associate VP for health equity, outreach and interprofessional activities at the UA Health Sciences.
Daniel Derksen, MD is the University of Arizona Health Sciences (UAHS) Associate Vice President for Health Equity, Outreach & Interprofessional...News
From opposing both the ACA and the GOP-led skinny repeal to leading the passage of the Americans with Disabilities Act in 1990, McCain's interest in healthcare policy was notable and even included a few innovative solutions during the senator's run for president in 2008.
A decade ago, in the summer of 2008, McCain addressed...Arizona News
Attorney General Xavier Becerra of California joined the District of Columbia and 11 other states in a lawsuit to prevent the removal and diminishing of consumer protections under the Affordable Care Act (ACA) for the sale of Association Health Plans (AHPs).
President Trump announced the policy June 19, claiming it would lower...Arizona News
Emotional and inspirational were two words consistently used to describe the 17th annual healthcare heroes awards presented by The Phoenix Business Journal.
Kathy Bollinger, longtime Banner Health executive, retired in June and spent a month on the beach. It must have agreed with her, as she was effervescent as ever when she...
Sen. Bernie Sanders' Medicare for All (M4A) universal health care plan, which proposes all U.S. residents be covered by insurance without copays and deductibles for medical services, has raised various questions surrounding government expenditures and doctor pay.
According to a report by Dr. Charles Blahous at the Mercatus...
New research from the Employee Benefit Research Institute reports nearly 47 percent offer employees coverage - up from 45.3 percent in 2016.
The report states that in 2017, the overall percentage of private-sector employers offering health benefits increased for the first time between 2008 and 2017. In 2008, 56.4 percent of...National News
Ten Senate Republicans introduced a bill on Thursday that aims to protect the Affordable Care Act's (ACA) provisions for patients with pre-existing condition.
Under this legislation, insurers serving the individual market would not be allowed to cherry pick healthy populations. They would be banned from denying coverage to people...
Tucson Medical Center (TMC) on Aug. 22 filed a suit against 25 different drug manufacturers and six distributors, accusing them of negligently creating the opioid crisis that is "devastating communities" across the nation.
TMC is the first hospital in Arizona to file, but it is not the first to file a lawsuit. Cochise County filed...
San Francisco-based Clover Health plans to launch Medicare Advantage plans in six new cities in 2019, including Tucson, Arizona. Like Oscar Health, Clover is technology focused and uses data analytics as well as artificial intelligence to better serve its patient population.
Oscar Health, the newest ACA exchange insurer to enter...National News
Next Generation ACOs saved Medicare about $62 million during their first performance year in 2016.
According to the report prepared for CMS, the first cohort of accountable care organizations in the Next Gen model reduced Medicare spending by 1.7 percent in their first year, about $100 million.
NORC at the University of Chicago,...National News
Leaders of the nation's big brands in healthcare made the list, including Banner President and CEO Peter Fine, but the publication also targeted executives that are disrupting the healthcare landscape as we know it.
Senior editors of Modern Healthcare chose the most influential individuals in the industry, in terms of leadership and...Arizona News
Many MA plans offer over the counter (OTC) supplementary benefits and even a special OTC card for use at the point of sale - in 2019 Anthem MA customers can get free two-day shipping from Walmart for qualifying OTC purchases when orders total $35 or more.
When 90 percent of U.S. households live within 10 miles of America's largest...Arizona News
As part of a million dollar translational research grant, over the next two years select Arizona State University faculty will spend time researching ways to improve quality and services as well as reduce costs for Maricopa County populations. The partnership will be led by College of Health Solutions researcher William...News
In 2011 Medicare agreed to pay for a minimally invasive surgical procedure--transcatheter aortic valve replacement (TAVR)--that replaces leaky heart valves through the blood vessels, aiming to offer relief for patients who were in too much of a fragile state for more invasive procedures like open heart surgery.
The catch is that...Arizona News
After the housing market collapse, Southern Orchards-based Nationwide Children's Hospital began to invest in neighborhood homes as part of an initiative--Healthy Neighborhoods Healthy Families (HNHF).
In an interview with NPR, the hospital hopes that by investing in housing and providing neighborhood children with safe and secure...National News
Prescription drug rebates are typically negotiated by pharmacy benefits managers (PBM), such as CVS and United (two of the largest PBMs), but Department of Health and Human Services (HHS) Secretary Alex Azar says he has the power to eliminate them in the United States.
Pharmaceutical companies on Thursday, Aug. 10 were notified...Arizona News
The Centers for Medicare and Medicaid Services (CMS) on Thursday, Aug. 16 announced key changes to the Medicaid Review Process that are designed to significantly reduce approval times for state Medicaid agencies.
Sometimes a simple request can mean enduring several months of review. CMS said its now...