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Community Benefit

By Stephanie Bouchard | 11:38 am | June 13, 2011
A bipartisan group of senators is questioning the legality of physician-owned distributors (PODs). The group, lead by Sen. Orrin Hatch (R-Utah), sent letters late last week to CMS and HHS asking for an investigation into the legality of PODs.
By Diana Manos | 11:39 am | June 10, 2011
Cardinal Health on Friday announced a new college scholarship program, making $1.1 million in scholarship funds available to thirteen pharmacy schools across the United States.
By Healthcare Finance Staff | 11:59 am | June 08, 2011
WellPoint Inc. announced today that it entered into an agreement to acquire CareMore Health Group, a Medicare Advantage health plan that also operates 26 clinics in select markets in California, Arizona and Nevada.
By Stephanie Bouchard | 11:46 am | June 08, 2011
The State of Michigan is the latest entity to sue San Francisco-based prescription drug wholesaler McKesson Corp., for allegedly artificially inflating prices for certain brand name and generic drugs.
By Chris Anderson | 11:31 am | June 08, 2011
In a turnaround from earlier this year when it requested rate increases of more than 59 percent for some policy holders, Blue Shield of California announced yesterday it would limit its net income to no more than 2 percent of revenue.
By Healthcare Finance Staff | 11:48 am | June 07, 2011
The Cleveland Clinic will close East Cleveland's Huron Hospital within 90 days because of a decline in patients and the expense of maintaining one of the city's oldest healthcare facilities.
By Healthcare Finance Staff | 11:44 am | June 07, 2011
Middle-income Americans nearing retirement are most concerned about rising healthcare costs during their retirement years, according to a study by the Bankers Life and Casualty Center for a Secure Retirement.
By Stephanie Bouchard | 09:47 am | June 07, 2011
Roy K. Malkin, president and chief executive officer of Minneapolis-based medical devices company, Minntech Corporation, was injured in a plane crash Saturday evening.
By Stephanie Bouchard | 11:24 am | June 06, 2011
A bill introduced in the House of Representatives proposes to set minimum education and certification standards for technical personnel providing, planning and delivering medical imaging exams and radiation therapy treatments in the Medicare program.
By Diana Manos | 10:56 am | June 06, 2011
Leaders of the Campaign for Better Care, a broad-based coalition of consumer organizations, have come out in support of the Centers for Medicare and Medicaid Services' proposed rule for accountable care organizations, saying CMS is putting patients first.