News
The nation's largest nursing home rehabilitation therapy provider RehabCare, which is now part of Kindred Healthcare of Louisville, Kentucky, has settled with the government for $125 million over allegations they falsely inflated therapy reimbursement claims to Medicare. Four other skilled nursing home rehab facilities also settled in connection with those claims, bringing the total to a little more than $133 million, the U.S. Attorney's Office announced Tuesday.
President Barack Obama announced a new national effort to cure cancer, with Vice President Joe Biden leading the charge, during his final State of the Union address Tuesday night.
Kenneth Johnson, 49, is one of three found guilty following a 2014 trial and an investigation authorities dubbed "Operation Psyched Out".
Acting Centers for Medicare and Medicaid Services Administrator Andy Slavitt on Tuesday shocked many in healthcare when he laid out an aggressive timeline to replace the meaningful use program, a electronic health records mandate and incentive program that healthcare providers put millions into.
ASP Global has acquired InHome Medical Solutions, a Jacksonville, Florida-based distributor of wholesale medical products serving physicians and home health/hospice providers, for an undisclosed amount, ASP announced Tuesday.
The Centers for Medicare and Medicaid Services on Monday announced the 21 health systems that are participating in the Next Generation Accountable Care Organization model, some having defected from the controversial Pioneer ACO program.
The Nasdaq Biotechnology Index and Standard & Poor's Health Care Index both posted their worst opening day of trading in years on Monday, despite the added attention the sector got with the start of the J.P. Morgan Healthcare Conference in San Francisco.
Dartmouth-Hitchcock Medical Center was surprisingly not among the list of 21 health systems joining the Next Generation Accountable Care Organization model released by the Centers for Medicare and Medicaid Services on Monday.
For decades, if someone on Medicaid wanted to get treatment for drug or alcohol addiction, they almost always had to rely solely on money from state and local sources. Now the federal government is considering chipping in, too. The agency that governs Medicaid is proposing to cover 15 days of inpatient rehab per month for anyone enrolled in a Medicaid managed care plan, but critics say 15 days isn't long enough.
Investors are gathering in San Francisco this week for the annual J.P. Morgan healthcare conference, the sector's biggest financial event and one where many biotech deals are expected to be announced.