Cigna Corp. has named its current VP of finance, Thomas McCarthy, to the role of executive VP and CFO. Effective July 12, McCarthy, 56, will replace Ralph Nicoletti, who recently announced his resignation. FULL STORY »
Physician advocates see signs of progress in the Senate Finance Committee's hearing Tuesday—the panel's first in six years on replacing Medicare's physician payment system. FULL STORY »
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. FULL STORY »
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. FULL STORY »
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. FULL STORY »
ICU Medical, the San Clemente, Calif.-based producer of intravenous medical equipment, is weighing a sale that may fetch more than $1 billion, said people familiar with the matter. The shares rose to their highest closing price since first being sold to the public 21 years ago. FULL STORY »
DaVita HealthCare Partners rallied the most since 2009 after signing an agreement that was seen as setting a path for Warren Buffett's Berkshire Hathaway to negotiate for a possible takeover. FULL STORY »
(Updated) The CMS released data showing U.S. hospitals charge widely varying amounts for the same services and also illustrating the significant variation in how much Medicare pays for those services. FULL STORY »
New Medicaid research that garnered widespread attention from national health policy experts has not yet affected the expansion debate at the state level, but it could bolster national policy changes in the program. FULL STORY »
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