Author's posts
FDA scraps biosimilar guidance, saving hospitals EHR headaches
The FDA no longer plans to implement a guidance outlining a new naming protocol for biologics and biosimilars. The guidance would have required hospitals to spend hundreds of millions to overhaul their EHR systems.
CMS’ hospital star-ratings system changes will be modest
The CMS couldn’t yet disclose specific changes to the methodology, but a CMS official told Modern Healthcare the changes will likely involve finding a way to mitigate the impact that changes to measures have on hospitals’ overall ratings.
Hospital hiring spiked 71% in June
Hospitals added 10,600 new jobs in June, a 71% spike in hiring from May, even as healthcare jobs overall dipped.
CMS extends bundled-pay program timeline
The CMS is giving provider groups more time to determine if they want to participate in the CMS’ voluntary Bundled Payment for Care Improvement Advanced program. The extension comes after providers complained they did not have the claims data they…
HHS faces tight deadline to reunite migrant kids with parents
HHS Secretary Alex Azar said the department would meet two court-ordered deadlines to reunite immigrant children with their parents in a process that highlights escalating cost and complexity of the inter-department immigration system.
Fitch expects healthcare defaults will remain low
The healthcare and pharmaceutical sector saw a lower high-yield default rate compared with the overall market between 2002 and 2017, and Fitch Ratings expects that low rate to continue for another year.
Mississippi revamps Medicaid work requirement request
Mississippi overhauled its request to impose work requirements on Medicaid enrollees in an attempt to address federal concerns about coverage losses. The new proposal contains a coverage safety net to protect beneficiaries as they gradually earn…
Allscripts plots growth in health IT
Chicago-based Allscripts Healthcare Solutions has further solidified its position in the connected health platform space with its acquisition of HealthGrid — and an Allscripts executive says more M&A activity is ahead.
Rockwell Medical countersues former CEO, CFO
Rockwell Medical Inc. has responded to a whistleblower lawsuit by its former CEO Rob Chioini and former CFO Thomas Klema by denying all allegations and countersuing the two former executives in federal court in Detroit.
Oscar to get $3.5M in state tax credits to move to new Manhattan HQ
Insurer Oscar Health will receive $3.5 million in performance-based tax credits from Empire State Development, New York’s economic development arm, if it meets its target of creating 289 jobs in five years.
