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Docs say states are making calculated cuts to Medicaid rates

By Virgil Dickson  |  May 18, 2016

In a letter to the CMS, the American Medical Association and other physician associations say they believe states may be dropping their rates now in anticipation of new rules that require the states to assess how payments affect access to care.

Georgia eyes Medicaid expansion

By Virgil Dickson  |  May 18, 2016

In an effort to better provide healthcare to Georgia's exploding population and as a way to balance the state's budget, conservative lawmakers are renewing temporary Medicaid payment increases and looking at expanding the program, according to a Republican state Senate leader.

HCA loses board member to KKR stock divestiture

By Dave Barkholz  |  May 18, 2016

The settlement of a shareholder lawsuit prompted HCA Holdings to add a member to its board of directors in the past month, while a $750 million buyback of KKR stock caused it to lose another.

Colombia battles world's biggest drugmaker over cancer drug

By Associated Press  |  May 18, 2016

Colombia's government is giving pharmaceutical giant Novartis a few weeks to lower prices on a popular cancer drug or see its monopoly on production of the medicine broken and competition thrown open to generic rivals.

FDA OKs immunotherapy drugs for bladder, blood cancers

By Associated Press  |  May 18, 2016

U.S. regulators have approved the first drug for bladder cancer that harnesses the body's immune system. It is the first advance in decades against the most common type of bladder cancer, one which almost always kills patients within months.

ER docs sue HHS over out-of-network payments

By Maria Castellucci  |  May 17, 2016

The American College of Emergency Physicians filed a federal lawsuit claiming that new guidelines on calculating insurers' responsibility for ER services rendered by an out-of-network hospital are unfair.

Highmark sues feds over ACA payments

By Bob Herman  |  May 17, 2016

Health insurer Highmark is suing the federal government to recover money owed under the risk-corridor program for plans sold on the Affordable Care Act's insurance exchanges. Republicans in Congress, calling the program a bailout for insurers, stymied HHS' ability to cover the obligations.

Lurie Children's doctors to staff Centegra's new hospital

By Kristen Schorsch, Crain's Chicago Business  |  May 17, 2016

When Centegra Health System's third hospital opens in Huntley, Ill., in August, the sickest kids will be treated by doctors from Ann & Robert H. Lurie Children's Hospital of Chicago.

Providers, environmental groups launch 'green' purchasing co-op

By Adam Rubenfire  |  May 17, 2016

Four major health systems have joined forces with two environmental organizations to launch a purchasing cooperative focused on “green” products that could compete with traditional group purchasing organizations.

Wyo. hospital files for bankruptcy to deal with lawsuits

By Associated Press  |  May 17, 2016

Powell Valley Healthcare's board of directors approved filing for Chapter 11 bankruptcy protection Monday. The board said in a statement the lawsuits from former patients of Dr. Jeffrey Hansen are the only reason for the decision.

Larry Robbins' hedge fund sells off all CHS, UHS hospital stocks

By Bob Herman  |  May 17, 2016

Just three years ago, billionaire hedge fund manager Larry Robbins fought tooth and nail for Community Health Systems' $7.6 billion takeover of Health Management Associates. Now he has lost faith in that massive hospital deal—and in the healthcare sector more broadly.

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