Category: Modern Healthcare

FDA launches new office to rethink how drugs are reviewed

Speaking via livestream at the J.P. Morgan Conference, FDA Commissioner Dr. Scott Gottlieb announced a broad restructuring of the Office of New Drugs to make the approval process more structured, with data coming from the cloud.

Abitrators excuse Quorum Health from paying $9 million to CHS, but award no damages

Quorum Health will have to pay its former parent company $1.5 million in disputed payments, while CHS owes Quorum $2.1 million.

Calif. governor doubles down on Obamacare, drug price negotiation

New Democratic Gov. Gavin Newsom of California wants the state to fund more subsidies for Obamacare and negotiate prices with drugmakers.

California’s path to lower drug prices

Other populous states should take a close look at what California is doing. Smaller states may want to form compacts with their neighbors to pursue something similar. Gov. Gavin Newsom has offered a practical approach to achieving more reasonable…

Healthcare executives expect M&A to boost business in 2019

Nearly three-quarters of 291 senior executives polled said they expect better business performance in 2019 than last year, fueled primarily by mergers and acquisitions.

CMS grants ACOs easier access to SNF waivers

The CMS will give Medicare ACOs that take financial risk expanded access to waivers of the three-day inpatient stay rule for coverage of skilled-nursing facility care.

CMS taps Chris Traylor as top Medicaid director

The CMS named Chris Traylor to lead federal Medicaid policy as acting director of the Center for Medicaid and CHIP Services.

Providence St. Joseph unveils $150 million venture capital fund

Providence St. Joseph Health’s venture capital arm is closing on a second $150 million healthcare fund. Providence Ventures plans to invest in 15 additional companies, bringing its total number of portfolio companies to 30.

NYC mayor guarantees health coverage for 600,000 uninsured residents

New York City Mayor Bill de Blasio said the city will guarantee health care for all the city’s 600,000 uninsured people, including undocumented immigrants.

Providers compare notes on cost cutting at JP Morgan conference

On day one of the J.P. Morgan Healthcare Conference in San Francisco, health system leaders talk about how they’re looking to cut costs.