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Cone Health boosts operating margin to 2.6% by cutting costs
By Beth Kutscher | August 28, 2014 | Basic Web Basic Web Subscription Details
A focus on cost-cutting efforts helped mark a significant year-over-year improvement in Cone Health's fiscal third-quarter operating margin and net surplus.
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IBM to sell Watson's brainpower to speed clinical and academic research
By Darius Tahir | August 28, 2014 | Basic Web Basic Web Subscription Details
IBM on Thursday rolled out yet another healthcare use of its Watson computing technology, namely to help academic and clinical researchers sort through mountains of research data.
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Information
Parkland's patient care draws federal scrutiny
By Associated Press | August 28, 2014
Federal authorities have determined that staff at Parkland Memorial Hospital endangered a patient in their care, marking the third time the hospital has been cited since promising to reform its psychiatric services.
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Wash. exchange plans double; average rates rise 1.9%
By Rachel Landen | August 28, 2014 | Basic Web Basic Web Subscription Details
Consumers in Washington state will have more choices in health plans next year and at rates lower than initially proposed, according to information made public by the state's Office of the Insurance Commissioner.
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Reform Update: Facing ACA mandates, insurers diversify into technology
By Beth Kutscher | August 28, 2014 | Basic Web Basic Web Subscription Details
Health insurance companies, now required to spend the lion's share of premium revenue on patient care, are looking for higher investment returns elsewhere. As a result, they're increasingly putting money into technology ventures where they expect to realize higher returns.
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Short-term Medicare and Medicaid spending to dip, CBO projects
By Paul Demko | August 28, 2014 | Basic Web Basic Web Subscription Details
Spending on Medicare and Medicaid is expected to be roughly $100 billion less than previously anticipated over the next decade in large part because of reductions in the cost of labor and medical services, according to the latest analysis from the Congressional Budget Office.
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U.S. to begin safety-testing Ebola vaccine next week
By Associated Press | August 28, 2014
Federal researchers next week will start testing humans with an experimental vaccine to prevent the deadly Ebola virus
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Los Angeles goes after patient-dumping for a third time
By Bob Herman | August 28, 2014 | Basic Web Basic Web Subscription Details
Glendale (Calif.) Adventist Medical Center has agreed to pay $700,000 to settle allegations the 462-bed hospital dropped off a homeless patient on Los Angeles' Skid Row—a downtown district infamous for its homeless population.
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Covidien continues shopping spree with vein device purchase
By Bob Herman | August 28, 2014 | Basic Web Basic Web Subscription Details
Covidien, like its soon-to-be acquirer Medtronic, has bought its second medical company within the past week. The Ireland-based supplier said Thursday that it took over Sapheon, a Morrisville, N.C.-based manufacturer of devices that help treat venous diseases.
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Language, tech barriers said to hinder Obamacare enrollees from proving citizenship
By Paul Demko | August 28, 2014 | Basic Web Basic Web Subscription Details
Roughly 300,000 people who purchased health plans through the federal exchange face a Sept. 5 deadline to provide proof of their citizenship or immigration status or risk losing coverage at the end of the month. But immigrant advocacy groups are warning that many of them have been stymied from...
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