Category: Modern Healthcare

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.

Vermont to adopt rules to regulate new healthcare plans

Vermont is preparing to regulate a new health insurance option offered by Republican President Trump’s administration, citing concerns the plans may not be financially solvent and may leave consumers vulnerable to fraud.

Agents and brokers flee ACA exchanges despite Trump administration support

Health insurer exits from the exchanges, expensive premiums and limited commissions for those who enroll individuals in exchange plans have driven brokers and agents out of the market, the CMS said.

Missouri adds new Medicaid leverage for managed-care companies

Missouri’s new pay cut for providers who don’t want to opt into Medicaid managed-care networks has sparked new angst for hospitals.