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Grassley to Berwick: Disclose conflicts of interest

By Matthew DoBias | July 30, 2010 | Basic Web Basic Web Subscription Details
A top Senate Republican continues to press newly minted CMS Administrator Don Berwick over possible conflicts of interest from his previous tenure as president and CEO of the Institute for Healthcare Improvement, a Cambridge, Mass.-based think tank.
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Dems aim to tackle 'pay for delay,' Medicaid

By Matthew DoBias | July 30, 2010 | Basic Web Basic Web Subscription Details
Senate Democrats are eyeing two healthcare-related provisions previously stripped from broader legislative packages.
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Tenn. will take no action on Sumner sale

By Vince Galloro | July 30, 2010 | Basic Web Basic Web Subscription Details
Tennessee Attorney General Robert Cooper Jr. said in a letter today that he will take no action on the $154.1 million sale of tax-exempt Sumner Regional Health Systems, Gallatin, Tenn., to investor-owned LifePoint Hospitals, Brentwood, Tenn. The attorney general's decision clears the way for the...
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Rockingham to become part of Sentara

By Andis Robeznieks | July 30, 2010 | Basic Web Basic Web Subscription Details
Stand-alone Rockingham Memorial Hospital, Harrisonburg, Va., announced that it has signed a letter of intent to become part of eight-hospital Sentara Healthcare system, Norfolk, Va.
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CEO changes for three hospitals

By By Gregg Blesch and Rebecca Vesely | July 30, 2010 | Basic Web Basic Web Subscription Details
Two large hospital providers named new CEOs, and a third announced its CEO is retiring. Physician and diabetes researcher Kenneth Polonsky was named the new top executive at 548-bed University of Chicago Medical Center.
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What are insurers really afraid of?

July 30, 2010 | Basic Web Basic Web Subscription Details
Economic history, and the history of U.S. healthcare in general, has shown time and time again that the best way to have healthcare costs go higher and higher and higher—while leaving many patients out in the cold unable to afford what is offered by for-profit insurers—is to let the...
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Tenet to release 2Q results next week

July 30, 2010 | Basic Web Basic Web Subscription Details
Tenet Healthcare Corp., Dallas, plans to release second-quarter results on Tuesday, Aug. 3. The company will hold a live webcast at 10 a.m. ET that same day...
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Women stand to benefit under reform: study

By Jessica Zigmond | July 30, 2010 | Basic Web Basic Web Subscription Details
The Patient Protection and Affordable Care Act will subsidize health insurance for as many as 15 million U.S. women who are currently uninsured and strengthen existing coverage for 14.5 million women who are considered underinsured, according to a new report from the Commonwealth Fund.
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No changes on abortion funding: DeParle

By Matthew DoBias | July 29, 2010 | Basic Web Basic Web Subscription Details
A White House official reiterated that federal dollars would not be used to pay for abortion services except in the rarest of instances under a newly created health insurance program aimed at covering the sick and uninsured.
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Insurer profits could go to actual care

July 29, 2010 | Basic Web Basic Web Subscription Details
The dollars that are spent paying insurance premiums in the hope that bills for healthcare service are paid would be better spent actually paying directly for services.
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Not-for-profits see operating margins rise: Fitch

By Melanie Evans | July 29, 2010 | Basic Web Basic Web Subscription Details
Fitch Ratings said operating margins improved in 2009 for not-for-profit hospitals and health systems, regardless of overall credit strength.
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AMN Healthcare to acquire rival Nursefinders

By Joe Carlson | July 29, 2010 | Basic Web Basic Web Subscription Details
Staffing firm AMN Healthcare is acquiring rival workforce solutions firm Nursefinders, Arlington, Texas, in a $220 million deal that includes stock transactions and a payoff of existing debt.
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Health IT subsidies lure Cegedim to the U.S.

By Joseph Conn | July 29, 2010 | Basic Web Basic Web Subscription Details
The prospect of billions of dollars of federal subsidy payments flowing into the healthcare industry for information technology has so piqued the interest of a foreign IT company that has acquired an American firm to gain instant entry into the U.S. market, according to a news release.
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HCA, Community post higher 2Q profits

By Vince Galloro | July 29, 2010 | Basic Web Basic Web Subscription Details
HCA and Community Health Systems recorded higher profits for the second quarter despite weak volume and higher overall costs for uninsured patients.
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Wellness programs often fall short, report finds

By Rebecca Vesely | July 29, 2010 | Basic Web Basic Web Subscription Details
Workplace wellness programs have grown in popularity among employers seeking to control healthcare spending, but many programs aren't comprehensive enough to make a difference, according to a new report.
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WebMD to announce 2Q results

July 29, 2010 | Basic Web Basic Web Subscription Details
Health information services provider WebMD Health Corp. will release second-quarter results on Tuesday, Aug. 3. The company will host a conference call at 4:45 p.m. ET that same day to discuss the results.
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Court orders resentencing for NCFE execs

By the Associated Press | July 28, 2010 | Basic Web Basic Web Subscription Details
A federal appeals court has ordered two healthcare finance executives convicted in a $1.9 billion corporate fraud case to be resentenced.
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Community Health to discuss 2Q results

July 28, 2010 | Basic Web Basic Web Subscription Details
Community Health Systems will hold a conference call to discuss second-quarter results at 11:30 a.m. ET Thursday July 29.
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Lifelong records would improve public health

July 28, 2010 | Basic Web Basic Web Subscription Details
If we put all our effort into records for poor and elderly adults, we will only be capturing their care from a point forward that most likely omits important health history.
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Lawmaker seeks home-care worker protections

By Jennifer Lubell | July 28, 2010 | Basic Web Basic Web Subscription Details
Rep. Linda Sanchez (D-Calif.) has introduced legislation to improve the workforce conditions of home-care providers while taking steps to recruit more people to the profession.
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Aetna profits up 42%; WellPoint sees 4% gain

By Rebecca Vesely | July 28, 2010 | Basic Web Basic Web Subscription Details
Two major health insurers posted income gains in the second quarter, with WellPoint's profits up 4% over the same quarter a year ago, and Aetna showing a 42% jump in profits in the same time period.
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Vestar Capital Partners V to acquire HealthGrades

By Joe Carlson | July 28, 2010 | Basic Web Basic Web Subscription Details
HealthGrades, a publicly traded healthcare ratings organization, said it entered into a definitive agreement to be acquired by private-equity firm Vestar Capital Partners V for $294 million.
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GOP rep demands health-reform cost estimates

By Matthew DoBias | July 28, 2010 | Basic Web Basic Web Subscription Details
A senior House Republican has stepped up his call for HHS to turn over cost estimates it received from federal actuaries about the healthcare reform legislation before it became law.
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Urciuoli must report to prison late next month

By Gregg Blesch | July 28, 2010 | Basic Web Basic Web Subscription Details
Former Rhode Island hospital executive Robert Urciuoli was ordered to surrender to the U.S. Bureau of Prisons on Aug. 31 and begin serving a three-year sentence for buying the influence of a state senator.
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EHR subsidies could begin in May: CMS

By Joseph Conn | July 28, 2010 | Basic Web Basic Web Subscription Details
The money could begin flowing from Medicare to providers for the purchase of electronic health-record systems as early as May 2011, a CMS official said today.On the other hand, despite the CMS' recent publication of
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Covidien completes Somanetics acquisition

By Joe Carlson | July 28, 2010 | Basic Web Basic Web Subscription Details
In its second corporate acquisition announcement in two months, medical supply company Covidien has completed the purchase of devicemaker Somanetics for $250 million. The deal was announced last month.
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HHS clarifies stance on pre-existing conditions

By Jennifer Lubell | July 28, 2010 | Basic Web Basic Web Subscription Details
Health insurance plans will be able to use limited sign-up periods and still comply with a health reform provision that eliminates pre-existing condition exclusions for children under age 19, HHS announced.
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AHIMA names Sheridan president-elect

By Andis Robeznieks | July 28, 2010 | Basic Web Basic Web Subscription Details
Patty Thierry Sheridan, president of the Chicago-based health information management consulting and staffing firm Care Communications, has been elected president-elect of the American Health Information Management Association and will assume that post Jan. 1, 2011.
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Illinois creates health info exchange

By Maureen McKinney | July 28, 2010 | Basic Web Basic Web Subscription Details
Illinois healthcare providers moved one step closer to interoperable electronic data sharing as Gov. Pat Quinn signed a bill creating the Health Information Exchange Authority.
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