A California bill that would eliminate health insurance companies and provide government-funded health coverage for everyone in the state would cost $400 billion annually and require significant tax increases, according to a state legislative analysis.
Inova’s joint-venture health plan with Aetna is exiting the Virginia exchange marketplace in 2018 to stem losses that are dampening an otherwise strong rebound at the system.
Regional healthcare news for the week of May 13
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Norton Healthcare in Kentucky saw strong investment gains, an area that has helped other health systems score earnings wins for the year.
The state of Massachusetts sued Universal Health Services in federal court last week, accusing it of illegally charging Medicaid for outpatient mental health services by unqualified staff.
The CMS will allow cash-strapped Alabama to postpone its Medicaid privatization and restructuring demonstration.
Iowa's privatized Medicaid program has asked the federal government to pay up to $225 million in risk-corridor payments to make up for losses experienced by the health insurers that run the year-old managed-care program, and other regional news.
The Idaho attorney general has blessed the sale of Ascension's St. Joseph Regional Medical Center to RCCH HealthCare Partners, a for-profit hospital chain formed through the merger of RegionalCare and Capella Healthcare.
California is looking to impose a surcharge on prescription opioids to fund treatment for addicts. The proposed measure introduced by California Assembly member Kevin McCarty of Sacramento would place a 1-cent-per-milligram tax on prescription opioids.
Laboratory Corporation of America Holdings will acquire Pathology Associates Medical Laboratories, or PAML, a Spokane, Wash.-based laboratory firm jointly owned by Providence Health & Services and Catholic Health Initiatives
Verity Health is notifying more than 10,000 patients that their personal information may have been accessed during a hack of a website operated by the system's physicians group.
Kaiser Permanente faces more than $2.5 million in penalties for its alleged failure to supply California state regulators with properly formatted claims data from Kaiser's Medicaid managed-care plans.
A federal judge overturned two Idaho laws that banned women from receiving a medication-induced abortion via telemedicine.
A federal judge denied a motion by Prime Healthcare Services to dismiss a whistle-blower lawsuit alleging the hospital chain fraudulently billed Medicare.
The state of Colorado falsely claimed $6.5 million in Medicaid reimbursement over three years after it failed to comply with drug rebate regulations.
WellCare Health Plans has completed its acquisition of Care1st Health Plan of Arizona. The $157.5 million deal marks WellCare’s entrance into the Arizona Medicaid managed-care market.
Two former patients of a Nevada mental health hospital have sued the facility and state health officials, claiming they were improperly discharged.
San Francisco-based Dignity Health has begun negotiations with an academic medical center in the Bay Area, even as it proceeds with merger talks with Catholic Health Initiatives.
Community Health Systems is selling its last two hospitals in Washington state to help pay down $15 billion in debt.