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LabCorp rebounds in second quarter

By Modern Healthcare  |  July 29, 2015

Having rebounded from the cost of both acquiring Covance and a corporate restructuring, Laboratory Corporation of America Holdings has reported a jump in its second-quarter earnings.

Pfizer sales, earnings still in patent-cliff plunge

By Modern Healthcare  |  July 29, 2015

Pharmaceutical giant Pfizer on Tuesday reported continuing declines in sales and earnings as it girds for the loss of patent protection in Europe and Japan of Enbrel, its rheumatoid arthritis drug.

CMS projects higher healthcare spending growth through 2024

By Modern Healthcare  |  July 29, 2015

The historically low growth rates of national health spending over the last several years may be history. CMS officials say the ACA's insurance expansion, an improving economy, an aging population and expensive new drugs are pushing up health costs once again.

Rural hospitals blast 'arcane' policies

By Modern Healthcare  |  July 29, 2015

The 96-hour rule and a possible direct-supervision policy are a danger to critical-access hospitals, rural health leaders said at a congressional hearing Tuesday. They also suggested graduate medical education slots be more fairly allocated to help rural areas recruit providers.

Bad metrics put patients at risk, prevent providers from improving

By Modern Healthcare  |  July 29, 2015

The hospitals most likely to be penalized under the federal hospital-acquired-condition reduction program are those that are Joint Commission accredited and do well on other publicly reported quality measures, a new study finds.

Centene's finances boom as it works toward Health Net takeover

By Modern Healthcare  |  July 29, 2015

Profit and revenue at Centene Corp. rapidly ascended in the second quarter, a trend that has defined the St. Louis-based health insurer for the past two years. The company's pending acquisition of Health Net has it primed for even larger growth.

Burwell: HHS not investigating Planned Parenthood following video leaks

By Modern Healthcare  |  July 29, 2015

There are no current plans for HHS to investigate Planned Parenthood for providing fetal tissue to researchers, Secretary Sylvia Mathews Burwell said Tuesday. Some want the provider's funding pulled after leaked videos show doctors discussing providing tissue from aborted fetuses to researchers.

HHS: No evidence of fraudulent HealthCare.gov enrollment

By Modern Healthcare  |  July 29, 2015

HHS is not aware of any consumers intentionally falsifying information to get subsides for insurance exchange coverage, Secretary Sylvia Mathews Burwell said Tuesday. This month, the GAO said investigators were able to sign up for coverage, get subsidies and re-enroll with bogus information.

Special section: Medicare and Medicaid at 50

By Modern Healthcare  |  July 29, 2015

Medicare and Medicaid turn 50 on Thursday, and Modern Healthcare has documented every milestone and challenge since Crain Communications purchased the magazine in 1976. See our special section commemorating the programs' 50th anniversary.

Gilead Sciences continues to ride the wave of Hep C meds in Q2

By Steven Ross Johnson  |  July 28, 2015

Sales of Sovaldi and Harvoni accounted for 60% of Gilead's revenues for the second quarter of 2015. The drugs have treated more than 180,000 Hepatitis C patients in the U.S. and Europe since the beginning of the year, according to the company.

Burwell: HHS not investigating Planned Parenthood following video leaks

By Virgil Dickson  |  July 28, 2015

There are no current plans for HHS to investigate Planned Parenthood for providing fetal tissue to researchers, Secretary Sylvia Mathews Burwell said Tuesday. Some want the provider's funding pulled after leaked videos show doctors discussing providing tissue from aborted fetuses to researchers.

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