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UnitedHealth 2Q profit surges as ACA participation shrinks

By Associated Press  |  July 19, 2017

UnitedHealth Group's second-quarter earnings soared as the nation's largest insurer dove deeper into government-funded health coverage like Medicare and Medicaid and continued to distance itself from the turbulent Affordable Care Act insurance exchanges.

Cleveland Clinic performs first total face transplant

By Lydia Coutre  |  July 19, 2017

Eleven Cleveland Clinic surgeons and a team of specialists performed the hospital's first total face transplant in May, replacing 100% of the facial tissue for a 21-year-old woman who suffered from a gunshot wound as a teenager, the health system announced Tuesday, July 18.

Hospitals question feds' proposed $900 million IOU tied to 340B cuts

By Virgil Dickson  |  July 18, 2017

A proposed $900 million cut in spending on the 340B drug discount program could lead to a rollback in services at hospitals or even closures if finalized, according to industry insiders. The CMS however has insisted that the reduction in 340B spending isn't a cut but a redistribution of funds.

Regulators aim to close loopholes that lead to higher drug prices

By Alex Kacik  |  July 18, 2017

Regulators should close regulatory loopholes that allow certain branded-drug developers to "game the system" and thwart competition, policymakers and healthcare experts said at the U.S. Food and Drug Administration's meeting Tuesday.

Third time was not the charm for McConnell's vow to end Obamacare

By Mara Lee  |  July 18, 2017

In less than 14 hours, Senate Majority Leader Mitch McConnell's Plan C to repeal Obamacare with a delay has died after several Republican senators said they wouldn't agree to a pure repeal. The path forward for Republicans' healthcare reform efforts is murky.

Cleveland Clinic names CIO

By Timothy Magaw  |  July 18, 2017

Edward Marx, a former University Hospitals CIO who most recently served as executive vice president at the Advisory Board Co., will start in his new role Sept. 1.

Missouri becomes last state to create drug-monitoring plan

By Associated Press  |  July 18, 2017

Missouri became the final state to create a prescription drug-monitoring program Monday when Republican Gov. Eric Greitens signed an executive order aimed at combating a scourge that killed more than 900 residents last year. The announcement surprised lawmakers.

The latest hospital system to rebrand, puts health front and center

By Caroline Lewis  |  July 18, 2017

NYU Langone Medical Center, which has been expanding in recent years, is the latest health system in the area to outgrow its name. NYU Langone Health will serve as the new umbrella and logo for NYU Langone's hospitals and outpatient centers starting Thursday.

Memorial Hermann's Cordola tapped to lead Ascension Texas

By Alex Kacik  |  July 18, 2017

Ascension Healthcare has selected Craig Cordola to replace Jesus Garza as its senior vice president and the ministry market executive of Ascension Texas effective Sept. 1, the Catholic-sponsored organization announced Tuesday.

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