Kevin Donovan was named president and CEO of Laconia, N.H.-based LRGHealthcare, effective mid-June. He takes the helm from former CEO Seth Warren, who stepped down in March.
More than a dozen major healthcare organizations and associations have jumped into a Supreme Court case over the validity of a legal theory now used to bring many fraud lawsuits against them.
Germany-based kidney-care provider Fresenius Medical Care reported a slightly higher operating margin in its newest quarterly financial report released Thursday.
The CMS announced on Wednesday the first suite of accountable care organization models specifically geared toward treatment of end-stage renal disease.
The Affordable Care Act's experiments in Medicare payment reform have their doubters, but investors see opportunity. Several companies have emerged to capitalize on the ACA's complex new programs designed to change how traditional Medicare spends more than $450 billion a year in payments.
The largely consolidated dialysis sector has been quiet on the M&A front of late, but the transition to value-based payment models could be renewing the drive for scale.
Many kidney-failure patients continue to receive critical dialysis treatments through catheters, a vein access method that is widely known to increase the risk of serious infections, blood clots and even death.
Before a controversial five-star rating system for dialysis facilities was released this year, kidney-care groups seemed unified in their opposition to the system. DaVita was against it until the ratings put the company's facilities in a positive light.
Heritage Provider Network and German kidney-care provider Fresenius Medical Care have announced that they will team up in coordinated-care networks throughout the U.S.
Medicare's new five-star quality-rating system for dialysis facilities suggests significant disparities between the care provided by the nation's largest kidney-care companies. Far fewer Fresenius Medical Care facilities earned five- and four-star ratings than those of competitor DaVita Kidney Care.
The $25 billion dialysis industry faces transformation as it moves from offering a profitable niche service to what insurers see as a cost center under the population health-management approach.
Germany's Fresenius Medical Care agreed to buy a majority stake in Tacoma, Wash.-based Sound Inpatient Physicians for about $600 million, part of a drive to offer additional services linked to its core business of kidney dialysis.