Hospitals in the Dallas-Fort Worth region were overpaid by $27 million in federal funds to provide health care for the uninsured, according to a new order from the Obama administration, which is threatening to take the money back.
Catholic health system drops saint names from hospitals | Chicago Tribune
A large Catholic health system is dropping saint names from its hospitals to create a more unified identity. Franciscan Alliance treats more than 1.3 million patients in Illinois, Indiana and Michigan. It's changing its name to Franciscan Health. The Indiana-based organization announced Tuesday it will rename 12 of its 14 hospitals.
Commission named to study varying health provider prices | Boston Globe
A number of hospital executives and public officials will serve on a new special commission to study the variation in prices at Massachusetts health care providers. The 23-member body was established as part of a deal reached in May to avoid a controversial ballot question that would have reduced health insurance payments to the state's largest hospital network, Partners HealthCare, and given some of that money to lower-paid competitors.
Mass.-based online pharmacist PillPack nears $100M in funding | Boston Business Journal
A contract dispute earlier this year apparently didn't prevent PillPack, a Somerville-based pharmacy startup, from raising cash. The company reports $31.1 million on hand, nearing its $40 million fundraising goal, which means the company has raised $93 million in all since it was founded in 2013.
Piedmont Healthcare signs contract with Aetna until 2019 | Atlanta Business Chronicle
Days after Piedmont Healthcare ended a longstanding legal dispute by signing a new contract with UnitedHealthcare, Piedmont signed a similar deal with Aetna designed to keep the insurer's customers within the hospital's network. The deal extends through February 2019. This is the latest in a series of insurer contract renewals for Piedmont Healthcare.
St. Jude Medical Inc. on Wednesday filed a lawsuit against short-selling firm Muddy Water and cyber security company MedSec Holdings, saying they intentionally disseminated false information about its heart devices to manipulate its stock.