The incoming GOP chair of the House Oversight and Reform committee is considering directing CMS to assess the cost effectiveness of medical devices, alleging unnecessary use of orthopedic implants, according to a report by the Wall Street Journal.
Leadership & Management
LHC Group, a LaFayette, La.-based provider of home health and hospice services, recently adjusted its full year earnings per share outlook for 2010 solely due to the 4.89 percent reduction to Medicare reimbursement for 2011, according to a company news…
In 2009, U.S. hospitals spent $39.1 billion on uncompensated care — $2.7 billion more than in 2008, according to a report by the American Hospital Association. Additionally, underpayment by Medicare and Medicaid to U.S. hospitals in 2009 reached $36.5 billion,…
Nationwide, children’s hospitals are beginning to receive notification from drug companies, saying they no longer qualify for federally-mandated discounts on “orphan drugs,” which are used to treat rare medical conditions, according to a New York Times report. This year, as…
Nashville, Tenn.-based Hospital Corporation of America employees have reached an agreement with HCA officials after the employees’ union canceled a one-day strike last week at HCA facilities in California, according to a San Fernando Business Journal report. The strike, which…
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Uninsured and underinsured patients who cannot afford lab tests may benefit from a service that provides cheaper tests online, according to a CNN report.
Bob Kelleher, CEO and founder of the Employee Engagement Group and author of Louder Than Words: 10 Practical Employee Engagement Steps That Drive Results, says employee engagement is intricately linked to organizational success, but that it shouldn't be mistaken for…
Franklin, Tenn.-based IASIS Healthcare announced its net revenue for the year ended September 30, totaled $2.5 billion, an increase of 6.8 percent, compared to $2.4 billion in the prior year, according to an IASIS news release.
When RAC contractors start complex reviews of Medicare Part B claims, they will likely hit practices in a weak spot, physicians' use of CPT modifier -25, according to a report by the RAC Monitor.
An HHS official said the Medicare Advantage program, the managed care program that is up for payment cuts, has failed to meet its goal of providing care at lower costs than Medicare fee-for-service, according to a report by the Albany…