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Will the Supreme Court accept the Obamacare subsidy challenge Friday?
By Lisa Schencker | October 29, 2014 | Basic Web Basic Web Subscription Details
If the justices agree to take the case, it could introduce an unexpected issue into next Tuesday's elections over the future viability of the healthcare reform law.
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Universal American sees gains from ACOs, finally
By Melanie Evans | October 29, 2014 | Basic Web Basic Web Subscription Details
Universal American, a publicly traded health insurance company that operates more than two dozen Medicare accountable care organizations, Wednesday reported its first quarterly revenue and profit from the business after nearly three years and an investment of more than $82 million in it.
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McKesson sees rebound in acquisition, gains from hep C drug distribution
By Rachel Landen | October 29, 2014 | Basic Web Basic Web Subscription Details
McKesson Corp.'s earnings rebounded during the second quarter of its fiscal year as its Celesio acquisition and growth in market share helped the San Francisco-based company realize $469 million in net income. Being an authorized distributor of Sovaldi likely helped as well.
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Federal judge blocks new HHS workaround for birth-control coverage
By Lisa Schencker | October 29, 2014 | Basic Web Basic Web Subscription Details
A federal judge in Florida on Tuesday jumped into the latest round in the legal wrangling over a Patient Protection and Affordable Care Act provision involving birth-control coverage and how it applies to religious institutions.
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Providers should focus on health IT safety, CHIME speakers advise
By Darius Tahir | October 29, 2014 | Basic Web Basic Web Subscription Details
Providers should plan to demonstrate patient-safety benefits attributable to their increasing use of healthcare technology, said experts at a panel at the College of Healthcare Information Management Executives fall meeting in San Antonio.
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WellPoint raises outlook as Medicaid enrollment booms
By Bob Herman | October 29, 2014 | Basic Web Basic Web Subscription Details
Despite a drop in year-over-year profit, health insurer WellPoint bumped up its earnings guidance for the rest of the year, and Medicaid was a major growth engine.
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Information
Hagel approves 21-day Ebola quarantine for troops
Associated Press | October 29, 2014
Defense Secretary Chuck Hagel on Wednesday approved a recommendation by military leaders that all U.S. troops returning from Ebola response missions in West Africa be kept in supervised isolation for 21 days.
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Methodist Le Bonheur sees surplus plunge as patient mix changes
By Beth Kutscher | October 29, 2014 | Basic Web Basic Web Subscription Details
Methodist Le Bonheur Healthcare in Memphis, Tenn., reported a 47.7% year-over-year decrease in its operating surplus for the first nine months of 2014 as it booked lower revenue per patient, despite higher outpatient volume.
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Magellan Health attributes quarterly earnings drop to ACA-related fee
By Virgil Dickson | October 29, 2014 | Basic Web Basic Web Subscription Details
Magellan Health experienced a more than 40% drop in net income during the third quarter that ended Sept. 30, attributable to a higher tax rate that resulted from the health insurance fee outlined in the Patient Protection and Affordable Care Act, the Avon, Conn.-based healthcare management company...
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Healthways sees improved Q3 results, lags for year-to-date
By Melanie Evans | October 29, 2014 | Basic Web Basic Web Subscription Details
Disease-management company Healthways, Franklin, Tenn., ended the third quarter with higher revenue and income compared with the same three months a year ago, but performance for the first nine months of the year continues to lag behind 2013.
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