Around 1,300 providers, including 832 hospitals have joined the Bundled Payment for Care Improvement advanced payment model. The CMS will pay providers a known fixed price for an episode of care. Participants will be at risk for up to 20% of costs…
At nearly a tenth the cost of the VA’s Cerner EHR project, the Mayo Clinic Epic implementation was huge—one of the largest projects the health system has ever undertaken, according to outgoing CEO Dr. John Noseworthy.
A new report from Edgemont Capital says private equity investment in orthopedic practices will increase in the next five years. The author knows of four or five such deals in the works.
A federal lawsuit contends the operators of a North Carolina drug rehab program farmed out recovering addicts to work in adult care homes and restaurants and pocketed the wages for the labor they performed.
The CMS is in the process of implementing federal laws giving it authority to impose hundreds of thousands of dollars in fines on nursing home staffers who don’t report crimes and to require state Medicaid agencies to launch systems tracking…
As a wave of healthcare mergers and acquisitions sweeps the country (just last week, Cleveland Clinic announced it acquired a three-hospital health system and a separate medical center in Florida), news of Summa looking for a partner didn’t come as…
This model—known as “full-risk” or “global risk”—is increasingly used by Medicare plans such as Humana and UnitedHealthcare to shift their financial exposure from costly patients to physician-management companies.
Hospital insiders say Detroit Medical Center’s cardiology department is facing problems that have roots to old issues; difficult production goals for heart and vascular procedures and high profit expectations by its parent company Tenet.