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Lovelace Health System closes deal for Roswell Regional
By Andis Robeznieks | February 04, 2012 | Basic Web Basic Web Subscription Details
Albuquerque-based Lovelace Health System announced that it has closed on a deal to acquire Roswell (N.M.) Regional Hospital, a 26-bed for-profit facility. Terms were not disclosed.
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Provider groups criticize IRS handling of Schedule H revision
By Jessica Zigmond | February 03, 2012 | Basic Web Basic Web Subscription Details
Three provider groups this week criticized the Internal Revenue Service for the way the agency issued the revised Schedule H section of the Form 990 that hospitals file.
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CMS sets new start date for anti-fraud programs
By Rich Daly | February 03, 2012 | Basic Web Basic Web Subscription Details
Two CMS anti-fraud programs, whose Jan. 1 launch was scrubbed because of provider concerns, will start in June instead, according to the agency.
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Report decries lack of price transparency
By Jaimy Lee | February 03, 2012 | Basic Web Basic Web Subscription Details
Physician influence on hospital purchasing could cause hospitals to pay more for some implantable medical devices, according to a report from the Government Accountability Office.
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Proposed rules issued on device excise tax
By Rich Daly | February 03, 2012 | Basic Web Basic Web Subscription Details
The IRS issued proposed regulations to implement the 2.3% medical device excise tax created by the 2010 federal healthcare overhaul.
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Ascension, N.J. hospitals discuss new system
By Melanie Evans | February 03, 2012 | Basic Web Basic Web Subscription Details
Ascension Health Care Network, the for-profit joint venture between the largest U.S. Catholic health system and a private-equity firm, is in talks with two New Jersey hospitals about the possible development of a new Catholic system in the state.
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Healthcare added about 31,000 jobs in January
By Jessica Zigmond | February 03, 2012 | Basic Web Basic Web Subscription Details
The healthcare sector added about 31,000 jobs in January, rising about 0.2% to some 14.2 million workers since December, according to new, preliminary data from the U.S. Bureau of Labor Statistics.
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AMA presses Sebelius to halt ICD-10
By Joseph Conn | February 03, 2012 | Basic Web Basic Web Subscription Details
The American Medical Association is taking second aim in its call to federal officials to halt the planned and federally mandated 2013 rollout of the International Classification of Diseases 10th Revision family of procedural and diagnostic codes.
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MediSwipe plans to acquire social media network
By Jaimy Lee | February 03, 2012 | Basic Web Basic Web Subscription Details
MediSwipe, a Los Angeles-based provider of merchant payment services and financial products for the healthcare industry, signed a letter of intent to acquire the assets of ReachMeDaily.com, a social media network used by residents in nursing homes and assisted-living facilities.
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Canadian telecom giant acquires EHR vendor
By Maureen McKinney | February 03, 2012 | Basic Web Basic Web Subscription Details
Telecommunications giant Telus expanded its reach into Canada's healthcare information technology market after its healthcare division, Telus Health Solutions, announced it had acquired Wolf Medical Systems, a Canadian IT vendor that specializes in cloud-based electronic health-record systems for...
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