West Penn Allegheny Health System's operating losses accelerated to $32 million during the three months ended in December. The previous quarter saw operating losses of $25.2 million, bringing the system's figure for the first half of its fiscal year to $57.27 million. FULL STORY »
Sens. Herb Kohl (D-Wis.), Chuck Grassley (R-Iowa) and Richard Blumenthal (D-Conn.) are calling for the release of the Office of Management and Budget's rule on the unique device identifier. FULL STORY »
Physicians in a class-action lawsuit against UnitedHealth Group over payments for out-of-network services could soon start receiving some $200 million in settlement payments. FULL STORY »
WellPoint, Indianapolis, terminated Brian Sassi, who was executive vice president, marketing, and president and CEO of its consumer business unit, effective immediately, according to an SEC filing. FULL STORY »
U.S. orthopedic surgeons waste $2.1 billion annually in ordering unnecessary tests and diagnostic procedures to defend against potential malpractice accusations, according to a study by researchers at Vanderbilt University... FULL STORY »
Final rules issued by the Obama administration established the first nationally standardized descriptions for the coverage provided by health insurance plans. FULL STORY »
By Jessica Zigmond
| February 09, 2012
| Basic Web
With time running out to create a permanent solution to Medicare's sustainable growth-rate formula, the prospect of using war savings as a means to that end grew more unlikely. FULL STORY »
UnitedHealthcare, the insurance unit of UnitedHealth Group, Minnetonka, Minn., completed its purchase of XLHealth Corp., a Baltimore-based Medicare Advantage-focused insurer. FULL STORY »
The American Medical Association is pulling up just short of an outright call for a second extension to an enforcement deadline for adoption of ASC X12 Version 5010 standards for transmission of electronic claims and other administrative transactions. FULL STORY »
By Andis Robeznieks | February 09, 2012
| Basic Web
McKesson Corp. announced that it has acquired PeerVue, a Sarasota, Fla.-based provider of medical imaging work-flow and communication programs. Financial terms were not disclosed. FULL STORY »
