State Judge B.C. Drumm Jr. dismissed Molina Healthcare's lawsuit against Missouri's Medicaid program, saying the managed care provider has no legal grounds to delay the state's Medicaid contracts, according to a St. Louis Post-Dispatch report.
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Oakland-based Kaiser Foundation Hospitals, Kaiser Foundation Health Plan and their subsidiaries recorded net income of $770 million in the first quarter of 2012, a 16.4 percent drop compared with the $921 million in the same period of 2011.
Christopher Olivia, MD, former president and CEO of Pittsburgh-based West Penn Allegheny Health System, received $7.4 million in total compensation, benefits and severance in 2010 — his last year as the chief of the financially beleaguered health system, according to…
Professional services firm Towers Watson announced it will acquire Extend Health — the operator of the largest private Medicare exchange in the United States — for $435 million, less net debt and certain transaction costs.
Hospitals may find it beneficial to increase the role of public relations and marketing in their benefit-reporting process, especially as regulatory and governmental officials place increased scrutiny on hospitals' non-profit statuses.
CMS issued a final rule (pdf), establishing that health insurers that meet or exceed medical loss ratio standards must issue a straightforward notice to all policyholders for the 2011 MLR reporting year, which is this July.
Former CMS Administrator Donald Berwick, MD, penned an op-ed for the Boston Globe, saying Massachusetts should finish the reform it started by passing stringent legislation to reduce healthcare costs.
The following hospital mergers and acquisitions took place within the past week, beginning with the most recent.
The idea of aligning physicians with hospitals and health systems is not new. In fact, it has been experimented with since the 1990s and the rise of managed care. In many cases those relationships crashed and burned, and the idea…
The Government Accountability Office is accepting nominations for a vacant position on the Health Information Technology Policy Committee.