News
Detailing a laundry list of potential benefits to its health plan clients, their members and company shareholders, Express Scripts announced today a definitive merger agreement with competing pharmacy benefits management company Medco - a deal valued at $29.1 billion.
Nearly 70 percent of 341 primary care and multispecialty practices nationwide surveyed by the Medical Group Management Association are already transforming their practices or are interested in becoming a patient-centered medical home.
It's going to be a record-breaking year for mergers and acquisitions (M&A) in the healthcare industry, according to a recent report from Irving Levin Associates.
Jonathan Blum, deputy administrator and director for the Center of Medicare at the Centers for Medicare & Medicaid Services, says most physicians recognize that U.S. healthcare is inefficient and must change, and are eager to try accountable care organizations (ACOs).
Highmark, Pennsylvania's largest health insurer, filed a lawsuit last week against hospital and provider network UPMC alleging it has violated federal false advertising laws in its "Keep Your Doctor" advertising campaign.
Community Health Systems, a publicly traded 133-hospital management company in Franklin, Tenn., has executed a definitive agreement to acquire the assets of Moses Taylor Health Care System, in Scranton, Pa.
After finding the Service Employees International Union (SEIU) guilty of misconduct, a National Labor Relations Board (NLRB) administrative law judge has recommended throwing out the results of the election last fall between the National Union of Healthcare Workers (NUHW) and the SEIU for representation of 43,000 Kaiser Permanente employees in California.
The Centers for Medicare & Medicaid Services announced yesterday proposed standards for the creation of Consumer Operated and Oriented Plans (CO-OPs), new private consumer governed health insurance plans. CMS also announced rules for how CO-OPs can qualify for $3.8 billion in government loans to help start up these insurance plans.
Employees at healthcare facilities are getting higher pay increases this year than what was predicted last year, says a healthcare compensation study by management consulting firm, the Hay Group.
Lawmakers introduced legislation yesterday designed to reverse a provision in the Affordable Care Act (ACA) that will allow middle-class early retirees to qualify for free Medicaid benefits.