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CMS announces 0.9% hospital payment increase for 2016

CMS announces 0.9% hospital payment increase for 2016

The CMS lowered its final increase for hospitals rates in 2016 to a scant 0.9%, down from the 1.1% increase it proposed in April. The move will heighten pressure on the nation's 3,400 acute-care hospitals to rein in costs and reduce unnecessary spending.

Molina Healthcare's stock rises on rosy second quarter

By Bob Herman  |  July 31, 2015
Molina Healthcare's stock rises on rosy second quarter

Second-quarter earnings at Molina Healthcare were five times higher than the same period last year. The managed-care insurer based in Long Beach, Calif., is almost exclusively focused on Medicaid populations.


Research

Medical schools, 2015

Medical schools, 2015

A list of the nation's 20 largest medical schools — 10 allopathic and 10 osteopathic — ranked by total active enrollment for the 2014-15 school year.


Government

House approves funding to close VA shortfall

House representatives have agreed to the Veterans Affairs Department's request to shift part of the federal budget to keep VA hospitals open. The House included a late amendment to reallocate $3.5 billion to the VA's Choice program as part of the highway-funding bill.

Technology

Blockbuster drugs drive Amgen's strong Q2 earnings

Strong sales of Amgen's blockbuster rheumatoid arthritis medication Enbrel helped drive the company's 7% profit hike during the second quarter and also offset a 1% decline in combined sales of its best-selling cancer drugs Neupogen and Neulasta.

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