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News
Cigna promotes McCarthy to CFO post
By Rachel Landen | May 14, 2013 | Basic Web Basic Web Subscription Details
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.
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News
Doc pay reform remains a 'top priority'
By Rich Daly | May 13, 2013 | Basic Web Basic Web Subscription Details
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.
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News
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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News
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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Information
Kentucky to expand Medicaid program
By Associated Press | May 09, 2013
Kentucky's Medicaid program will expand to cover hundreds of thousands of additional people, Gov. Steve Beshear said Thursday.
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Information
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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Information
ICU Medical said to explore sale that may fetch $1 billion
By Bloomberg.com | May 09, 2013
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.
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Information
DaVita gains as Berkshire pact seen as possible deal path
By Bloomberg.com | May 09, 2013
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.
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News
CMS data show wide variation in hospital billing
By Rich Daly | May 08, 2013 | Basic Web Basic Web Subscription Details
(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.
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News
Reform Update: Ore. study could impact national Medicaid debate
By Rich Daly | May 07, 2013 | Basic Web Basic Web Subscription Details
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.
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