News
Answering critics of the Community Living Assistance Services and Support Act (CLASS), Health and Human Services Secretary Kathleen Sebelius has affirmed the administration's commitment to ensure the program is self-sustaining and won't rely on taxpayer dollars.
The Senate has passed legislation that would repeal a provision of the Affordable Care Act that requires small businesses, including physicians, to file an IRS form 1099 for each vendor purchase of $600 or more.
Kindred Healthcare has announced plans to acquire the St. Louis-based RehabCare Group, creating what officials say will be the largest post-acute healthcare services company in the nation, with more than $6 billion in annual revenues and operations in 46 states.
Kronos, a global provider of workforce management solutions for several industries, has enhanced its healthcare vertical with the planned acqusition of API Healthcare, a Wisconsin-based developer of software that automates staffing and scheduling, patient classification, human resources, recruiting, payroll and staffing agencies.
Hospital mergers and acquisitions saw a marked increase in activity in 2010, according to Deal Search Online, a database maintained by Irving Levin Associates, Inc. The database recently released the five largest hospital transactions reported in 2010.
Tenet Healthcare and Aetna have signed a new multi-year agreement that will allow members of Aetna's commercial and Medicare Advantage health plans to continue receiving covered healthcare services from Tenet facilities nationwide.
The National Quality Forum has endorsed four potentially avoidable complication (PAC) measures created by the Health Care Incentives Improvement Institute. According to HCI3, reduction of PACs can improve care and decrease healthcare costs.
Blue Cross and Blue Shield of Illinois and the Illinois Hospital Association have launched Preventing Readmissions through Effective Partnerships, an initiative aimed at reducing hospital readmissions.
Taleo, a Dublin, Calif.-based provider of on-demand talent management solutions, has signed a definitive agreement to acquire Cytiva Software, an Emeryville, Calif.-based provider of on-demand recruiting software solutions, for approximately $1 million (Canadian) in cash.
Taking a cue from the FBI, the Health and Human Services Department has released an online list of its "Most Wanted" fugitives charged with committing healthcare fraud.