Tobacco tax for Medicaid plan faces challenge in Oklahoma

By Associated Press  |  April 30, 2016

A plan to shift coverage for some of Oklahoma's Medicaid recipients in order to trigger an infusion of federal funding appears to be gaining support among Republican lawmakers, but the idea of funding it with a tobacco tax is facing uphill sledding in the GOP-controlled Legislature.

EEOC complaint accuses hospital of religious discrimination

By Associated Press  |  April 30, 2016

A complaint filed by a federal agency is accusing Mission Hospital in Asheville, N.C., of religious discrimination and violating federal law for firing three workers who refused to adhere to the hospital's flu vaccine requirement and declined the shot.

CHS completes Quorum spinoff

By Dave Barkholz  |  April 29, 2016

Community Health Systems reported $1.2 billion in net proceeds from financing arrangements related to the spinoff of 38 of its hospitals into a separate, independent company called Quorum Health Corp. CHS completed the spinoff Friday, and Quorum Health Corp. will begin trading to the general public...

First drug for delusions in Parkinson's patients approved

By Associated Press  |  April 29, 2016

Federal health officials have approved an experimental drug to treat psychotic delusions and behaviors that often afflict patients with Parkinson's disease, the debilitating movement disorder.

Hospital chains banking on first-quarter earnings to boost stock prices

By Dave Barkholz  |  April 29, 2016

The Federal Reserve did its part this week to boost hospital stocks by again not raising interest rates. Now the investor-owned hospital companies will have to prove with their earnings whether it's safe for investors to give them another look.

LifePoint Health gets first-quarter earnings season off to a rocky start

By Dave Barkholz  |  April 29, 2016

LifePoint Health got the important first-quarter earnings season off to a rocky start Friday, posting a decline in earnings per share and leading hospital stocks to a down day on Wall Street. The system's shares never recovered from an early sell-off after the company announced a first-quarter...

Presence Health rethinks its Lean initiative

By Sabriya Rice  |  April 29, 2016

Just six months after taking over the head office at Presence Health system, CEO Michael Englehart is rethinking being "Lean." The Chicago-based system's 11 hospitals had been practicing a manufacturing industry management style known as Lean. The goal was to address challenges to delivering...

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