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University Hospitals is hitting mark with proton therapy

University Hospitals is hitting mark with proton therapy

By Lydia Coutré  |  June 26, 2018

While some proton therapy centers across the country have reportedly struggled to stay profitable, officials at University Hospitals in Cleveland say they've found the "sweet spot" two years after the health system opened its own $30 million center.

Blue Cross of Illinois to pay Medicaid suppliers less

Blue Cross of Illinois to pay Medicaid suppliers less

By Steven R. Strahler  |  May 25, 2018

Blue Cross & Blue Shield of Illinois plans to cut Medicaid reimbursement rates by 35% for medical suppliers—apparently in an effort to win back business after new enrollees were blocked from the state's revamped Medicaid managed-care program.

GAO calls on CMS to continue prior authorization experiments

GAO calls on CMS to continue prior authorization experiments

By Virgil Dickson  |  May 21, 2018

The Government Accountability Office urged the CMS to continue several experiments that require providers and medical equipment suppliers to prove they are meeting certain standards before being paid, as that could save the agency billions.

Providers expect Amazon to lower medical supply prices

Providers expect Amazon to lower medical supply prices

By Alex Kacik  |  May 14, 2018

Sixty-two percent of health system executives support Amazon's growing presence in the medical supply sector and nearly the same amount said the company could successfully deliver supplies faster and at a lower price, according to a new survey.

Hill-Rom names new CEO

Hill-Rom names new CEO

By Evonne Liu  |  April 27, 2018

Chicago-based hospital bed and medical device supplier Hill-Rom Holdings appointed John Groetelaars president and CEO, effective May 14.

First blood test to help diagnose brain injuries gets U.S. OK

First blood test to help diagnose brain injuries gets U.S. OK

By Associated Press  |  February 15, 2018

The test doesn't detect concussions and the approval won't immediately change how patients with suspected concussions are treated. But it allows Banyan Biomarkers to commercialize its test, giving the company an early lead in the race to find a way to diagnose concussions.

Hill-Rom Holdings CEO to retire

Hill-Rom Holdings CEO to retire

By Evonne Liu  |  January 26, 2018

Hospital bed supplier Hill-Rom Holdings said today that CEO John J. Greisch will retire. The Chicago-based company has begun a search for a new CEO and expects to complete it in the April-to-June quarter.

CMS moves to reduce Medicaid spending on medical equipment

CMS moves to reduce Medicaid spending on medical equipment

By Virgil Dickson  |  November 27, 2017

The CMS will ask the White House to allow it to evaluate whether states are overpaying for medical equipment in comparison to Medicare rates. Medical equipment providers say the crackdown comes as they are already struggling financially.

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