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CMS recently announced it will move forward with a new initiative to reduce errors within Medicare Advantage plans, which is expected to save an estimated $370 million in overpayments for the first audit year.

Eight of the largest for-profit hospital operators reported quarterly earnings over the past month. Six of the eight recorded fourth quarter and total 2011 year financials, while Vanguard Health Systems posted second quarter results for fiscal year 2012 and IASIS…

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