The CMS will not continue an experiment that saved Medicare millions of dollars by reducing the use of non-emergency hyperbaric oxygen therapy. Providers had complained that the demonstration was too burdensome.
Category: Modern Healthcare
UnitedHealth could drop Northwestern docs from network
UnitedHealth Group is warning insurance plan members that they could lose in-network status with their Northwestern physicians after this year. The insurer and Chicago-area based Northwestern Medical Group each said they were trying to hammer out a…
Rutgers and RWJBarnabas Health finalize partnership
Rutgers University and RWJBarnabas Health officially launched a public-private partnership they say will create New Jersey’s largest academic health system.
ACA membership buoys Centene’s second-quarter revenues
Health insurer Centene Corp. grew revenue in the second quarter of 2018 by covering more members enrolled in the Affordable Care Act insurance exchanges, and expanding its business in new states.
Senate officially confirms Wilkie as VA secretary
Newly confirmed VA Secretary Robert Wilkie will be in charge of rolling out VA Choice reforms as Congress battles over the program’s funding.
Former Cleveland Clinic CEO Toby Cosgrove goes to Google
Dr. Toby Cosgrove, who served as CEO of the Cleveland Clinic from 2004 until the end of 2017, will advise the Google Cloud healthcare and life sciences team.
CBO underestimates Medicare Part D savings by $4 billion due to oversight lapse
The Congressional Budget Office underestimated how much Medicare would save by $4 billion through changes to the Part D program. The office has reassured Republicans it will increase oversight to prevent similar mistakes in the future.
Atrium Health’s Mecklenburg doctors form independent group
The newly minted Tryon Medical Group plans to open eight offices and hire around 300 employees by the end of the year, after the group of 90 doctors officially part ways with Atrium Health.
LifePoint assets could go in REIT following merger
For-profit rural hospital operators LifePoint Health and RCCH HealthCare Partners unveiled their plan to merge, and analysts say the private equity firm that owns RCCH will likely create a real estate investment trust with LifePoint’s assets.
Mercy Health CEO Starcher to lead combined system with Bon Secours
John Starcher, president and CEO of Mercy Health, will lead the new organization with Bon Secours Health System after the merger closes, likely in the fall. Rich Statuto, longtime president and CEO of Bon Secours, will retire next year.
