News
Highmark Inc., West Penn Allegheny Health System and a selected number of West Penn bondholders announced on Wednesday they had reached a financial settlement that would allow for a reduction in the debt load of the WPAHS and allow the proposed merger of Highmark and ailing health system to proceed.
HHS issued modifications to the HIPAA Privacy, Security, Enforcement, and Breach Notification Rules late Thursday. The four-part final rule is designed to enhance patients' privacy rights and increase HHS' ability to enforce security protections.
Ahead of oral arguments over pharmaceutical patent settlements in the Supreme Court, a Federal Trade Commission report has found that 2012 saw a record 40 "reverse payment" settlements between branded and generic pharmaceutical companies, up from 28 the year before.
Universal American Corp. announced Friday that its subsidiary, Collaborative Health Systems (CHS), has partnered with 15 additional groups of physicians to form accountable care organizations (ACOs), approved to participate in the Medicare Shared Savings Program.
In a recent report released by the Leapfrog Group and published in Health Affairs, researchers found that there hasn't been a lot of progress over the years when it comes to hospitals meeting certain safety standards.
With the Affordable Care Act surviving the Supreme Court ruling and the presidential election, healthcare M&A will be robust in 2013 as investors feel less uncertain about the fate of the reform legislation, analysts predicted Thursday during a live webcast hosted by research and publishing firm Irving Levin Associates.
UnitedHealth Group reported 2012 earnings this morning of more than $5.5 billion on $110.6 billion in revenue, an 8 percent increase in earnings and 9 percent increase in gross revenue from 2011.
Michigan Republican Gov. Rick Snyder signed legislation last week that strengthens the state's medical malpractice tort laws and provides additional protection against lawsuits to physicians.
A trade organization representing chief executive officers from some of the country's top corporations offered a set of Medicare recommendations Wednesday that would potentially save trillions.
Across the country, hospices with generous admissions policies may find themselves on life support. Medicare, which heavily funds hospice programs, is cracking down on the industry's growing habit of embracing those whose deaths aren't imminent.