Molina is undergoing a companywide overhaul to improve profit margins, and investors are beginning to see results as profit surged in the second quarter.
UHS’ U.K. subsidiary, Cygnet Health Care, acquired U.K. autism-care provider the Danshell Group, which has 25 facilities and 288 beds. Leerink Partners estimates the deal will increase UHS’ U.K. beds by 12%.
The Trump administration has touted the move to expand access to short-term insurance coverage as a way to make healthcare coverage more affordable for people who have been priced out of the individual market.
Academic and rural hospitals will likely see a cut in Medicare funding if the CMS finalizes its proposal to reduce reimbursement for more-complex patients, according to Moody’s Investors Service.
The CMS will give post-acute care providers more than $900 million in collective raises next year, including a 2.4% increase for skilled-nursing facilities and 1.3% for inpatient rehab centers.
The American Society of Health-System Pharmacists published new guidelines that outline a detailed action plan for providers preparing for drug shortages.
A key Senate health panel explored ways to standardize prior authorization across the insurance industry, but at least one witness was frustrated lawmakers focused on creating new regulations before rolling back existing rules.