Modern Healthcare Breaking News

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Advocate Aurora, Oak Street Health collaborate on primary-care center

The Chicago area’s largest health system is teaming up with a fast-growing Chicago company to provide high-touch primary care for seniors in Elgin, Ill.

Anthem will launch in-house PBM in second-quarter 2019

Anthem will terminate its current pharmacy benefit manager contract with Express Scripts early and transition plan members to its new in-house PBM after it launches earlier than planned.

Former ONC head Karen DeSalvo joins LRVHealth as executive adviser

Dr. Karen DeSalvo will join four other LRV executive advisers who provide the early-stage venture platform with strategic and tactical insight as it seeks to invest in disruptive digital health, device and diagnostic companies.

Partners chief executive Torchiana to retire in April

Dr. David Torchiana, who has been the market-leading health system’s president and CEO since March 2015, previously served as chairman and CEO of the Massachusetts General Physicians Organization.

Senators voice interest in Medicare Part D, Part B reforms

The Senate Finance Committee in its highly anticipated foray into drug-pricing issues eyed structural reforms for Medicare Part B physician reimbursement and Part D’s catastrophic coverage design.

Idaho Supreme Court hears Medicaid expansion arguments

The arguments for or against Medicaid expansion in Idaho have typically fallen along ideological lines, something not lost on the justices. More than 60% of Idaho voters passed an initaitive to expand the program in November.

Drop in hospital-acquired conditions saves $7.7 billion

The rate of hospital-acquired conditions declined by 13% from 2014 to 2017, preventing 20,500 hospital deaths and saving providers $7.7 billion, according to a new report from AHRQ.

Tenet sells its remaining Chicago hospitals to Pipeline Health

Dallas-based Tenet sold West Suburban Medical Center in Oak Park, Louis A. Weiss Memorial Hospital in Uptown and Westlake Hospital in Melrose Park to Los Angeles-based Pipeline, bringing its hospital footprint to eight.

After strong 2018, HCA projects tail wind from Mission deal

HCA Healthcare finished 2018 strong, boosting its fourth-quarter net income more than 120% to $1 billion. The company expects to see another boost this year with its pending acquisition of Mission Health.

Verma: CMS value-based models could stretch beyond Medicare

The CMS is creating templates and other tools to get states to incorporate upcoming value-based payment models. If other payers sign up, then CMS Administrator Seema Verma hopes more providers will participate.