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By Healthcare Finance Staff | 10:14 am | April 16, 2011
CVS Pharmacy has agreed pay $17.5 million to settle a false Medicaid billing case. The settlement, brought to the government's attention by a Minnesota pharmacist resolves allegations the company submitted inflated prescription claims in 10 states for more than what was owed to CVS for Medicaid beneficiaries who were also eligible for benefits under a primary, third-party plan.
By Healthcare Finance Staff | 03:24 pm | April 15, 2011
With the life expectancy of Americans now over 78 years, demand for long term care facilities is strong and future prospects continue to look positive for services such as assisted living, nursing homes and home care, according to Kalorama Information's new report. Kalorama estimated the long-term care market in the U.S. to be $258 billion in 2010.
By Healthcare Finance Staff | 12:07 pm | April 15, 2011
Two owners of a seven-location chain of mental health clinics have pled guilty in Miami District Court for their roles in a scheme that resulted in the submission of more than $200 million in fraudulent Medicare claims.
By Healthcare Finance Staff | 11:31 am | April 15, 2011
A bi-partisan bill introduced in the Senate and House seeks to remedy the complex and confusing rules for inpatient observation of Medicare beneficiaries.
By Stephanie Bouchard | 11:11 am | April 15, 2011
The health of workers in the United States is declining, and employers spend about $670 in healthcare costs per worker every year, according to Thomson Reuters' newly released U.S. Workforce Wellness Index.
By Diana Manos | 10:21 am | April 15, 2011
Union officials say more than 70 percent of the registered nurses of Boston's Tufts Medical Center voted Thursday night to authorize a 24-hour strike over patient care conditions.
By Healthcare Finance Staff | 10:13 am | April 15, 2011
The Health IT Policy Committee, a federal advisory panel, is wrestling with competing visions of how bold to make measures for the next stage of meaningful use of electronic health records.
By Diana Manos | 12:25 pm | April 14, 2011
President Barack Obama on Wednesday outlined his plan for reducing the federal deficit and cutting Medicare costs. Unlike the GOP plan, his plan would "use a scalpel, not the machete," he said.
By John Andrews | 12:12 pm | April 14, 2011
After two decades of critical nurse and physician shortages, an economic climate of high unemployment would seem to be the antidote for the healthcare sector.
By Eric Wicklund | 12:09 pm | April 14, 2011
Employers with self-funded health plans have a common enemy: The emergency room.