WellPoint, the largest health insurer based on enrollment, recorded net income of $335.3 million in the fourth quarter of 2011, down nearly 39 percent from last year's fourth quarter net income of $548.8 million, according to a WellPoint news release.
The Latest
Iowa Senator Charles Grassley is ramping up efforts to monitor over-prescribing physicians who abuse the country's Medicaid program, and he has mailed letters to 34 states expressing his concern, according to a ProPublica report.
Congressional conferees began formal talks on how to avert the looming 27.4 percent Medicare pay reductions to physicians due to the sustainable growth rate, according to an Inside Health Policy report.
St. John Medical Center in Longview, Wash., has completed a $900,000 renovation of its catheterization lab after two years of fundraising, according to a report by The Daily News.
Several of the largest for-profit hospital companies posted gains in the stock market yesterday after healthcare companies predicted more people would go after elective procedures, according to a Bloomberg Businessweek report.
Members of Utah's House Health and Human Services Standing Committee have unanimously endorsed a bill that would require all healthcare facilities to report infection rates to the Department of Health, according to a Deseret News report.
Middle Tennessee Medical Center in Murfreesboro has opened its new cancer center, according to a hospital news release.
Results from a new study suggests that once an adequate number of SSI cases resulting from colon surgery had been reported, the rates of SSI were a reliable measure of hospital quality of care, according to an AHRQ publication.
The Agency for Healthcare Research and Quality has published a set of modules intended to help healthcare providers understand and promote health literacy in pharmacy settings.
The Agency for Healthcare Research and Quality has released a toolkit designed to help hospitals understand and use quality indicators and improve patient safety within their organizations.