News
Health and Human Services (HHS) Secretary Kathleen Sebelius announced Tuesday that 13 states have been awarded $45 million in new funds under the Affordable Care Act to assist Medicaid beneficiaries with moving out of institutions and into their own homes or other community settings.
Amedisys, Inc., a nationwide home health and hospice company, saw a drop of nearly 42 percent in net income in its fourth quarter, the company reported Tuesday.
As the government gears up to develop standards for meaningful use Stages 2 and 3, the American Medical Association and MITRE Corporation, on behalf of the Office of the National Coordinator for Health Information Technology, are working on a project to help test the collection of population health "in the real world."
The TriZetto Group, Inc., announced Tuesday that it has signed an agreement to acquire privately held Gateway EDI, a St. Louis-based healthcare revenue cycle management (RCM) company. Officials said the combination of the companies' platforms will benefit both payers and providers by delivering integrated end-to-end real-time payment information.
Along with announcing increases in revenue, Medtronic, Inc., a medical technology company based in Minneapolis, said Tuesday that it will be restructuring its business and reducing its workforce by 4 to 5 percent.
More than 21,000 providers have registered to participate in the electronic heath record incentive program of the Centers for Medicare and Medicaid Services, and about two-thirds are ready to confirm that they have met the meaningful use requirements.
The single stand-alone hospital may be a "concept of the past" according to an expert on hospital mergers and acquisitions who spoke at the HIMSS11 conference in Orlando, Fla., on Monday.
There is a 50 percent likelihood of a complete government shutdown over the coming months, said former U.S. Labor Secretary Robert Reich at Monday's opening keynote at the HIMSS11 conference in Orlando, Fla.
The debut of HIMSS' mini-conference HIT X.0 drew hundreds of attendees to a keynote featuring Aneesh Chopra, U.S. technology czar, and John Glaser, CEO of the Health Services Business Unit at Siemens.
BancTec, a Dallas-based company specializing in business solutions, business process outsourcing and infrastructure services, is showcasing its Healthcare Remittance Automation product during the HIMSS11 conference taking place this week in Orlando.