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Drug firms stalk Actavis deal
By Wall Street Journal | May 16, 2013
A heated takeover battle has erupted around generic-drug company Actavis as industry players seek to shore themselves up amid increasing competition and fewer new knock-off-drug opportunities.
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Drop in hospital PPI biggest since '04
By Melanie Evans | May 15, 2013 | Basic Web Basic Web Subscription Details
The acute-care hospital Producer Price Index dropped 0.6% in April, preliminary data show. The decline is the largest one-month slide for the hospital inflation measure since January 2004, the first month for which data are available.
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CBO projects less growth in healthcare spending
By Modern Healthcare staff | May 15, 2013 | Basic Web Basic Web Subscription Details
Congressional Budget Office analysts sharply lowered their projections for the next decade's outlays on Medicare, Medicaid and covering the uninsured under the healthcare reform law.
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Health law costs slow some fast food chains
By Wall Street Journal | May 15, 2013
Some restaurant operators are scaling back expansion plans because of uncertainty about the expense of insuring employees under the new federal healthcare law.
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Not-for-profit Billings Clinic forms joint venture with RegionalCare
By Andis Robeznieks | May 14, 2013 | Basic Web Basic Web Subscription Details
Not-for-profit Billings (Mont.) Clinic and for-profit, Brentwood, Tenn.-based RegionalCare Hospital Partners have formed a joint venture that seeks to draw on the operational expertise and financial resources of both organizations.
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HHS issues rules cutting Medicaid DSH
By Rich Daly | May 13, 2013 | Basic Web Basic Web Subscription Details
The Obama administration issued the rules Monday to carry out a major hospital Medicaid cut, even as it is trying to delay the reduction scheduled to begin in five months.
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Mich. hospital seeks to join Spectrum Health
By Rachel Landen | May 13, 2013 | Basic Web Basic Web Subscription Details
Memorial Medical Center in Ludington, Mich., is the latest hospital with plans to become a member of Spectrum Health. Memorial has signed a nonbinding letter of intent to join the Grand Rapids, Mich.-based not-for-profit system.
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Home health, hospice firms see earnings slide
By Beth Kutscher | May 09, 2013 | Basic Web Basic Web Subscription Details
Home health and hospice companies weathered a tough first quarter that was evident in bottom-line results that could not keep pace with last year.
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Rx spending drops as use of generics rises
By Jaimy Lee | May 09, 2013 | Basic Web Basic Web Subscription Details
Total spending on prescription drugs declined last year as more Americans filled prescriptions for lower-cost generics and some filled fewer prescriptions in general, according to a new study.
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Quest Diagnostics to consider job seekers with criminal histories
By Judy Greenwald, Business Insurance | May 09, 2013
Quest Diagnostics Inc. will pay a $70,000 penalty and no longer automatically disqualify job applicants with prior arrests or criminal convictions as part of a settlement agreement with the New York attorney general's office.
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