Castlight Health, a developer of an online healthcare pricing service for patients, payers and self-ensured employers, is still in search of profits, but its revenue continues to increase, according to its quarterly financial report to the Securities and Exchange Commission.
Members of the Medicaid and CHIP Payment and Access Commission (MACPAC) say there is not enough data on the impact of increasing Medicaid payment rates for primary-care services to recommend that Congress extend the provision.
Northwestern Memorial HealthCare reported an operating loss for the quarter ended Aug. 31, with ballooning revenue offset by major expense increases. Gains in investment income, however, produced an overall $53 million surplus for the Chicago-based not-for-profit.
The CMS intends to permanently boost funding that helps states build Medicaid eligibility and enrollment systems.
Recognizing the needs and potential of the large baby boomer market, companies are developing a variety of health-related technologies geared toward the needs of people in their 50s and 60s. Some of the technologies are aimed at the baby boomers themselves and others at helping them care for aging...
Lockheed Martin is set to acquire healthcare technology company Systems Made Simple for an undisclosed sum, the defense giant said Thursday. Systems Made Simple performs health data analytics and management work for government agencies such as the Veterans Affairs Department and the National...
Johnson & Johnson may pay more than $250 million to resolve suits over its ASR hip implants that were excluded from a $2.5 billion settlement of similar claims last year over the device’s failure, two people familiar with the accord said.
CHE Trinity marked its first full fiscal year as a merged organization with an earnings report that its chief financial officer said reflects its success in finding synergies and moving toward a value-based payment model.
Medicare payments to home healthcare providers will be reduced by $60 million, or 0.3%, in 2015, according to the CMS. The agency issued a final rule Thursday detailing payment policies for agencies that care for homebound patients.
Drug manufacturer AbbVie, which recently walked away from a merger with Irish drugmaker Shire, reported third-quarter earnings of $506 million, down 47% compared with the same period last year. It did, however, manage to beat analyst expectations for adjusted earnings at $0.89 per share.
A former Northwestern University cancer researcher will pay the government $475,000 to settle claims that he allegedly spent federal research grant money on inappropriate items that benefited him, his family and friends.
Dignity Health has agreed to pay the government $37 million to settle allegations that more than a dozen of its hospitals knowingly submitted false claims to Medicare and TRICARE.