Officials from the Obama administration announced that due to the recession, the Medicare fund is expected to run out of money by 2017, two years earlier than had been previously predicted, according to a report in The New York Times.…
Legal & Regulatory Issues
The U.S. Food and Drug Administration will review its decision to approve the Menaflex knee-surgery device after several scientists and FDA managers raised objections over the approval process, according to an article in The Wall Street Journal.
In a letter to Assistant Attorney General for Antitrust Christine Varney, the American Hospital Association executive vice president Rick Pollack encouraged the Antitrust Division of the U.S. Department of Justice to take a closer look at health insurance plan consolidation,…
A recent report from the Institute of Medicine recommends several actions to improve disclosure of financial ties between the medical community and industry, limit company payments and gifts and remove industry influence from medical education and the development of practice…
Daniel Levinson, inspector general for the U.S. Department of Health & Human Services, testified before the Senate Special Committee on Aging about fraud, error, waste and abuse in state and federal health programs.
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Lodi (Calif.) Memorial Hospital is suing Anthem Blue Cross Life and Health Insurance Co. for more than $6.3 million, according to a report by the Lodi News-Sentinel.
The New York Office of the Medicaid Inspector General has released its work plan for fiscal year 2009-10, which describes the agency's plan to combat Medicaid fraud.
Tampa-based WellCare Health Plans agreed to pay $80 million to settle allegations that it defrauded Florida's Medicaid program, according to a report in Forbes.
The Federal Trade Commission announced that it will delay enforcement of the new "Red Flags Rule" until Aug. 1 in order to give physicians, ASCs and hospitals, as well as other creditors and financial institutions, time to develop and implement…
West Penn Allegheny Health System has filed suit against its competitor, the University of Pittsburgh Medical Center, and health insurer Highmark, alleging they conspired to drive competitors out of business, according to a report in the Star-Tribune.