Modern Healthcare Breaking News

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Interoperability now a possibility for most acute-care providers

CommonWell members and Carequality participants will now have an easier time exchanging patient data, an example of vendor-driven interoperability.

Medical supplier ditches Illinois insurer following rate cut

Nearly a year ago, the private insurer in the state’s overhauled Medicaid managed-care program slashed reimbursement rates to medical suppliers. Now a large provider is terminating its contract.

LifePoint finalizes merger with RCCH HealthCare Partners

LifePoint Health has finalized its merger with RCCH HealthCare Partners. The rural hospital operator has been purchased by affiliates of the private equity firm Apollo Global Management, which owns RCCH.

NantHealth more than doubles net loss in third quarter

NantHealth’s net loss more than doubled in the third quarter of 2018 as the company struggles to get reimbursed for genetic cancer tests.

Not-for-profit hospital industry may have peaked financially, Fitch Ratings says

As not-for-profit hospitals’ profits slide, balance sheets are at an all-time high, according to Fitch Ratings.

CMS tells Congress federal law inhibits use of telehealth for seniors

Federal laws are preventing greater use of telehealth, according to a CMS report sent to Congress on Thursday.

CVS-Aetna merger OK’d by California regulators

California regulators approved the $69 billion CVS-Aetna merger with conditions. CVS leadership recently said the deal was on track to close by Thanksgiving.

Primary-care visits dropped 18% from 2012 to 2016

There has been a relatively steady decline in primary-care visits since 2009, although nurse practitioners and physician assistants are making up some ground, according to new research from the Health Care Cost Institute.

Detroit clinic owner gets 13 years for role in $8.9 million healthcare fraud

The owner of a Detroit medical clinic was sentenced to more than 13 years in prison and ordered to pay millions of dollars in restitution after running an $8.9 million healthcare fraud scheme.

Arkansas drops 3,815 more Medicaid enrollees over work requirement

Nearly 4,000 Arkansans lost their Medicaid expansion coverage in October because they didn’t comply with the state’s new work requirement. Another 8,462 low-income adults lost benefits in the previous two months.