Category archives for: Industry News

President Trump disbands manufacturing council after several business leaders' exit

President Donald Trump says he’s ending a pair of White House advisory councils that were staffed by corporate chief executives. Merck and Johnson & Johnson are among the parade of departing leaders from the informal panel.

Edward-Elmhurst Health eyes $50 million in cuts

Naperville, Ill.-based Edward-Elmhurst Health is feeling the squeeze of climbing bad debt thanks to high-deductible health plans, soaring pharmaceutical costs and Medicare and Medicaid reimbursements that don’t fully cover the price tag of patient…

CMS cancels two mandatory pay models and scales back a third

The CMS is canceling two mandatory cardiac pay models that were supposed to start next year and is scaling back a joint replacement model that has already been implemented by hospitals across the country.

Chen raises his CHS stake to 22.1%, may turn activist

Chinese billionaire Tianqiao Chen ended months of relative quiet at CHS by buying 9.8 million more shares of the company under an activist flag.

Rauner names winners in Illinois Medicaid overhaul

The Rauner administration has awarded bids to six insurers in his quest to overhaul a major Medicaid cost-saving initiative, cutting in half the number of participating carriers.

Court orders Advocate to recognize nurses union

The Illinois Nurses Association, a union created by nurse practitioners, will be the first nurses’ union recognized by the state’s largest hospital network.

Results of CMS' readmissions program has hospitals, experts questioning its purpose

The CMS has consistently penalized roughly 75% of hospitals for excessive readmissions since the Hospital Readmissions Reduction Program began in 2012. The stagnant numbers have policy experts and hospitals wondering if the CMS should move on from…

CBO​ to​ weigh​ in​ on​ cost-sharing​ reduction​ payments

The Congressional Budget Office is set to release a report detailing what could happen to insurance markets if the federal government stops making cost-sharing reduction payments.

Giving in to providing primary care in the ED

Carolinas HealthCare is finding success by converting a hospital into a stand-alone emergency department that offers primary care.

May 23 Webinar on Hearing Aids: The Basic Information You Need to Know

In this webinar, FDA audiologist Sue-Chen Peng, Ph.D., offers consumers basic information on hearing loss and hearing aids.

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