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Prime Healthcare, CEO Prem Reddy settle false-claims suit for $65M
Prime Healthcare and its founder/CEO, Dr. Prem Reddy, have agreed to pay $65 million to end a yearslong lawsuit alleging the hospital chain fraudulently billed Medicare by admitting patients when they should’ve been treated on observation status.
Providers critical of CMS price transparency push in pay rule
Providers worry that the CMS, in its push to give patients greater access to both price and care information, may do more harm than good.
Healthcare added 34% fewer jobs in July
The U.S. healthcare sector made 34% fewer hires in July compared with the prior month, with hospital hiring down and nursing and residential-care facility hiring flat.
New York City health commissioner leaving for Harvard
Dr. Mary Bassett spent the last four years seeking to address the poor health outcomes that plague certain New York City neighborhoods and fought high-profile disease outbreaks.
Beaumont Health settles $84.5 million federal whistleblower case
Beaumont Health has agreed to pay an $84.5 million settlement to the U.S. Department of Justice, state of Michigan and four whistleblowers for violating federal laws that bar hospitals from overcompensating physicians and filing false claims.
Select Medical sees revenue spike on urgent care merger
Select Medical’s operating revenues jumped nearly 18% during the second quarter of 2018, due in part to the merger between its occupational health and urgent care business, Concentra, and Dignity Health’s subsidiary.
VA contract puts pep in Cerner’s Q2 step
Cerner Corp. grew its revenue and bookings in the second quarter, during which it signed a long-delayed contract with the VA to replace its EHR.
Allscripts’ revenue grows 23% but books less business in Q2
Allscripts’ revenue hit $526 million in the second quarter of 2018, a period during which the vendor closed a $60 million deal to acquire HealthGrid.
Medicare officially kills 25% rule for long-term care hospitals
The CMS’ final inpatient pay rule ends a long proposed 25% rule affecting long-term care hospitals’ Medicare reimbursements. The rule also finalized plans to overhaul the meaningful use program to offer incentives for interoperability.
HHS keeping current Title X grantees, but plaintiffs skeptical
HHS announced it will maintain Title X family planning funding for all current grantees as well as 12 new program entrants amid Planned Parenthood’s pending lawsuit over the Trump administration’s new grant criteria.
