Chicago-based revenue-cycle management company R1 RCM continues to grow its revenue from new customers, and the company says it forecasts adding $11 billion in net patient revenue onto its operating partner model this year.
Category: Modern Healthcare
Facebook restricts addiction-treatment center advertising
To cut back on predatory marketing of addiction treatment centers, Facebook will require such centers to go through a certification and application process. Google has already implemented a similar policy.
AMA warns CVS-Aetna merger will raise drug plan, PBM prices
An American Medical Association analysis determined the CVS-Aetna merger would substantially weaken competition and raise prices for Medicare Part D prescription drug plans and pharmacy benefit management services.
ACA subsidies more cost more per person than Medicaid. Is that sustainable?
The individual market is stable but expensive. As the government bears more of the cost, some industry and policy analysts question its long-term role in expanding coverage.
Partners, Care New England and Brown explore partnership
Partners HealthCare, Care New England Health System and the Ivy League school signed an agreement Tuesday that establishes Brown’s Warren Alpert Medical School as the primary academic research and teaching institution for CNE.
Kindred Healthcare and UC Davis to build rehabilitation hospital
Kindred Healthcare and the University of California, Davis formed a joint venture to operate a 40-bed rehabilitation hospital, one of many provider-academic collaborations that aim to mitigate ongoing home health aide, physician and nursing…
ONC and CMS push patient ownership of health data
The ONC and CMS pushed efforts to broaden and deepen interoperability by giving patients more control of their health data, including through the CMS’ MyHealthEData initiative.
Collins booted from Energy & Commerce amid insider trading charges
A major player in 340B drug discount reforms, Rep. Chris Collins (R-N.Y.) can’t serve on the House Energy & Commerce Committee, a key health committee, until federal charges of insider trading are resolved.
Rockwell Medical settles with former CEO, CFO, 2 directors for $1.5 million
Rockwell Medical has hired a new CEO after reaching a settlement that includes $1.5 million in payments to two former top executives and two directors over disagreements on how to sell Triferic, the company’s most promising drug.
Value-based purchasing programs tougher for academic hospitals
A Navigant study found 24% of academic medical centers received penalties for their performance on three of the CMS’ value-based payment programs in fiscal 2018 while 13.7% of community hospitals received penalties.
