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Healthcare news this week …

Express Scripts to limit opioids; doctors concerned

Express Scripts to limit opioids; doctors concerned

By Associated Press  |  August 17, 2017

The American Medical Association says doctors and their patients, not pharmacy benefit managers, should determine opioid treatment plans, criticizing Express Scripts' plan to limit the number and strength of opioid drugs prescribed to first-time users.

Out with nursing homes, in with home health care

Out with nursing homes, in with home health care

By Nona Tepper  |  August 17, 2017

Northwestern Medicine may have found the one hospital market where investment in long-term care hasn't paid off: affluent north suburban Lake Forest, Ill.

Summa's financial losses continue to mount

Summa's financial losses continue to mount

By Lydia Coutré  |  August 17, 2017

A new financial disclosure shows Summa Health lost more than $33 million in the first half of this year, compared with a $14 million profit for the like period last year. Interim CEO Dr. Cliff Deveny previously warned that the system was on track to lose more than $60 million in operating income.

Cleveland Clinic will pull event from Mar-a-Lago resort

Cleveland Clinic will pull event from Mar-a-Lago resort

By Associated Press  |  August 17, 2017

A leading U.S. hospital pulled its annual fundraiser from Donald Trump's Mar-a-Lago resort on Thursday, reversing course after initially resisting pressure from health professionals and others over the president's support for repealing the Affordable Care Act and cutting federal research dollars.

Chen's 22% stake in CHS carries clout—with or without a board seat

Chen's 22% stake in CHS carries clout—with or without a board seat

August 17, 2017

Chinese billionaire Tianqiao Chen as recently as February used his 10% stake in Legg Mason to gain two board seats at the asset-management firm, including the vice chairmanship for himself. His designs for CHS haven't been made public but he already carries weight with his holdings.

Federal court: Arkansas can block Planned Parenthood money

By Associated Press  |  August 16, 2017

In a 2-1 ruling, a federal appeals court panel ruled that Arkansas can block Medicaid funding to Planned Parenthood, two years after the state ended its contract with the group over videos secretly recorded by an anti-abortion group.

New deal provides healthcare coverage for rural Nevada

By Associated Press  |  August 16, 2017

The deal with Centene Corp. in partnership with the Nevada-based Hometown Health will help ensure coverage is available to all Nevadans, after Anthem Blue Cross and Blue Shield pulled out of the state's healthcare exchange.

UnitedHealth CEO Hemsley stepping down

UnitedHealth CEO Hemsley stepping down

August 16, 2017

Longtime UnitedHealth CEO Stephen Hemsley will step down Sept. 1, and President David Wichmann will take over. The change marks a major leadership shakeup at the nation's largest health plan.

News from other sources

By Modern Healthcare  |  August 16, 2017

Pharmaceuticals take to Facebook, crowdsourced diagnostic tools inspire enthusiasm and skepticism, and the movie "What the Health" bends the truth.

Edward-Elmhurst Health eyes $50 million in cuts

By Kristen Schorsch  |  August 16, 2017

Naperville, Ill.-based Edward-Elmhurst Health is feeling the squeeze of climbing bad debt thanks to high-deductible health plans, soaring pharmaceutical costs and Medicare and Medicaid reimbursements that don't fully cover the price tag of patient care.


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