Susan Morse
Community Health Systems will divest 10 of its low-performing hospitals to reduce debt by approximately $975 million, Chairman and CEO Wayne Smith said during a recent earnings call.
The union for healthcare workers at Parkview Community Hospital in Riverside, California, claims the hospital violated the terms of a $29 million U.S. Department of Housing and Urban Development loan by spending what could amount to hundreds of thousands of dollars on union busting.
The Centers for Medicare and Medicaid is revising its policy to include shared savings ACOs in its upcoming Comprehensive Primary Care Plus program.
In Ohio, Coordinated Health Mutual is in receivership due to its extensive financial losses in the exchange market under its InHealth Mutual brand, according to Lt. Gov. Mary Taylor, who is also Ohio Director of Insurance.
The federal government is already pushing providers towards more risk, so it's not surprising that many are going all in by sponsoring a health plan.
As lawmakers debate funding to stop the spread of the Zika virus, insurers are determining the impact of an outbreak in the United States.
In another provider-insurer collaboration, Texas Health Resources and Aetna on Thursday announced the formation of a jointly owned health plan company.
To continue progress towards a safer healthcare system, CMS is requesting proposals for the Hospital Improvement and Innovation Networks.
Missouri state regulators on Wednesday said they will not support Aetna's proposed $37 billion takeover of Humana, according to documents filed May 24 by John M. Huff, director of the Department of Insurance, Financial Institutions and Professional Registration for the state.
On Tuesday, the House Ways and Means Committee passed the "Helping Hospitals Improve Patient Care Act," a bill that, among other provisions, provides financial relief for hospitals that were in the process of building off-campus outpatient centers in 2015 when the reimbursement policy was changed.