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Industry News

Oct 23, 2015

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After a report from the government watchdog said few people were exploiting vulnerabilities in the enrollment process that could allow them to receive insurance subsidies while still enrolled in Medicaid, Democrats in the House called the GAO report...

Oct 23, 2015

In a move that reflects the healthcare industry's urgency to better coordinate care, hospitalist staffing firm and post-acute provider IPC Healthcare announced Thursday it has acquired Hospital Medicine Consultants.

The Illinois-based hospitalist group will complement IPC's presence in the northwestern suburbs of Chicago, IPC said in a press release. IPC's acquisition is expected to add over 20,000 annual encounters on a combined basis, according to a press release announcing the deal...

Oct 23, 2015
The Elder Care Alliance, an Alameda, Calif., not-for-profit operator of assisted-living, memory care and skilled-nursing facilities, has permanently appointed Adriene Iverson as president and CEO.

Iverson had served as interim president and CEO at the organization since April. She replaced Jesse Jantzen, who left to become president and CEO of senior-care business for St. Louis-based Ascension Health.

Prior to becoming interim CEO, Iverson was VP of strategy and business development,...

Oct 23, 2015

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City of Hope, the Duarte, Calif.-based research and treatment center for cancer, diabetes and other serious diseases, is launching a national advertising campaign this week to attract more patients from out of state.

Oct 23, 2015

News outlets report on health issues in California, Virginia, North Carolina, Florida, Pennsylvania, Vermont, Washington and Missouri.

Los Angeles Times: Blue Shield May Be Heading To Showdown With Regulators Over Executive Pay
In response to mounting criticism, Blue Shield of California's chief executive is vowing to improve the nonprofit insurer's poor ratings from patients and to disclose more about executive compensation. But CEO Paul Markovich warned that certain...

Oct 23, 2015

The report says the problems have led to insurance subsidy payments to people who are also on Medicaid and leaves the operation vulnerable to fraud. In other health law news, an insurance co-operative in South Carolina is closing, The Associated Press looks at what's new as enrollment season grows near and California lays plans to draw more people into the market.

The New York Times: Investigation Finds Errors In Coverage And Payments Under Affordable Care Act
Federal...

Oct 23, 2015

A South Carolina health insurer has become the ninth insurance cooperative formed nationwide under the Affordable Care Act to fold.

Consumers' Choice Health Insurance Co. said Thursday that it will not sell policies in 2016, a decision that will leave 67,000 individuals and business customers looking for new coverage.

Ray Farmer, director of the South Carolina Department of Insurance, said Consumers' Choice and state regulators reached a mutual decision to shut down the company...

Oct 23, 2015

The American Cancer Society’s new breast cancer screening guidelines recommend that women start screening later and get fewer mammograms, but the change is unlikely to affect insurance coverage anytime soon.


A consultant analyzes a mammogram in this file photo. (Photo by Rui Vieira/PA Wire for AP)

The updated guidelines, which were published in the Journal of the American Medical Association this week, recommend that women who are at average...

Oct 22, 2015
Hospital stocks plunged Thursday in the wake of Community Health Systems revealing disappointing results in the third quarter.

The Modern Healthcare Hospital Stock Index, which tracks publicly traded hospital chains, fell 12.5% to 607.9 by the close of trading Thursday.

CHS said Wednesday after markets closed that patient admissions fell about 2 percent at its established locations in the quarter, and it saw a decrease in the percentage of people covered by commercial insurance, which...

Oct 22, 2015

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Anthem Blue Cross in California says its fledgling alliance of providers exceeded its enrollment target and lured more than half its members from Kaiser. But it's still just starting to build the data infrastructure to allow its hospitals and...

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