Prime Healthcare Services has entered into an agreement to buy 126-bed Mercy Suburban Hospital, which is located in the Philadelphia suburb of East Norriton. The hospital is part of Mercy Health System, which became part of Trinity through its 2013 merger with Catholic Health East.
Medicare's bundled payments initiatives are designed to reduce costs and improve care for beneficiaries. But the first analysis of whether the alternative payment model is succeeding provides few definitive findings.
Patient safety expert Dr. Charles Denham, a former leader of the National Quality Forum's Safe Practices Committee, has agreed to pay the federal government $1 million to settle allegations that he accepted cash in exchange for influencing the committee's recommendations.
Health plans obtained through union collective bargaining agreements often include much more generous benefits than other employer-sponsored plans. But such benefits are likely to be pared down as the Affordable Care Act's excise tax nears, a new study in Health Affairs contends.
French drugmaker Sanofi won FDA approval last week to sell its newest long-acting diabetes medication Toujeo as the company looks to repeat the success of its blockbuster insulin product Lantus.
Electronic health-record vendor Cerner Corp., which along with Leidos and Accenture is seeking the multibillion-dollar Defense Department EHR contract, took its case to the halls of Congress last week.
ProMedica Health System, a Toledo, Ohio-based group with 11 hospitals, reported an increase in its operating margin in 2014 as volume grew for inpatient and outpatient services.
Cardinal Health plans to buy Johnson & Johnson's cardiology medical-device business Cordis for nearly $2 billion in cash, marking the company's expansion into the interventional vascular technology market.
Hospitals deemed high performers by one rating group might also be among worst performers on another, according to a study looking at four hospital ratings programs. Study authors were surprised by what they found.
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Two huge data breaches have occurred in the past six months, exposing health information on millions of people. Register for our free March 5 webinar to hear Dr. John Halamka, CIO of Beth Israel Deaconess Medical Center, and RAND Corp. researcher Lillian Ablon discuss the risk of cybercrime.
The American Cancer Society has hired Catherine Alfano for the new position of VP of cancer survivorship. She started Feb. 27.