Stephanie Bouchard
When the merger of hospitals owned by Stanford University and the University of California at San Francisco dissolved in 2000, it was to the tune of hundreds of millions of dollars and a lot of misery. Such failures are very rare say merger and acquisitions insiders.
The Medicare Payment Advisory Commission is proposing to fix the Sustainable Growth Rate by sharing the cost of repealing the SGR among physicians, other health professionals, providers in other sectors and beneficiaries. The response from those in the industry has been less than supportive.
When thieves cut a hole through the roof of Eli Lilly’s Enfield, Conn. warehouse on a Sunday in March 2010, they were able to rappel inside and fill tractor trailers full of anti-depressants and cancer-fighting drugs. The heist netted the thieves $75 million worth of goods and brought to the attention of the nation a problem that had been increasingly plaguing the pharmaceutical industry: the theft of pharmaceutical products by organized criminals.
Three of the nation's largest for-profit home health companies are "gaming" Medicare, concluded a report released Monday by the Senate Finance Committee. The report accuses Amedisys, LHC Group and Gentiva of intentionally increasing the number of their home health visits in order to plump their profits.
OCS and DecisionHealth released their listing of the top 25 percent of the country's home health agencies today in conjunction with the National Association for Home Care and Hospice's annual meeting taking place in Las Vegas this week.
The Patient-Centered Outcomes Research Institute’s (PCORI) first major funding opportunity will support approximately 40 awards totaling up to $26 million announced the organization on Wednesday.
The Obama administration is asking the U.S. Supreme Court to hear its case requesting an appeal of a decision made about the healthcare law by an Atlanta appeals court. The request came on Wednesday, two days after the Justice Department chose not to seek a full review from the 11th Circuit Court of Appeals in Atlanta.
The California Hospital Association is accusing the labor union representing nurses at a hospital where a patient died last weekend during a strike of exploiting the tragedy to further its own agenda.
Boston Scientific has once again paid out big dollars on behalf of its wholly owned subsidiary, Guidant LLC. This time, the total bill is $9.25 million to the United States government.
Complaints about nursing homes are rampant and general opinion about them is poor. It's well known that employees aren't happy at these facilities and turnover is high. Right? Maybe not so much, according to results of a customer and employee satisfaction survey from My InnerView, a division of the National Research Corporation.