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FL medical center expects operating losses to double; Two TN hospitals agree to pay $7.9 million for overbilling Medicare;

December 3, 2008 — 12:38pm ET | By Anne Zieger
> Miami Beach's Mount Sinai Medical Center is telling investors that it expects its operating losses to double this year, and go up even more next year. Article > Two West Tennessee hospitals... Read more...

Bayer settles 'cash for patients' allegations for $97.5 million

November 26, 2008 — 9:40am ET | By Anne Zieger
Bayer HealthCare has agreed to pay $97.5 million to settle charges that its diabetes care division paid suppliers to move patients over to Bayer products from competing ones. The company admitted no... Read more...

Studies: Medicare Advantage paid too much, doesn't coordinate care

November 24, 2008 — 10:05am ET | By Anne Zieger
As Senators put forth plans to reform health care, several new studies have come out suggesting that private health care plans for Medicare beneficiaries may be a good place to start cutting. One of... Read more...

Federal bill would link Medicare hospital pay to quality

November 21, 2008 — 10:14am ET | By Anne Zieger
Now here's a bill that would scare me a bit if I were a hospital administrator--even if it was inevitable (and it is) that such a measure would be written. Sens. Max Baucus (D-MT) and Chuck Grassley... Read more...

AHA survey: Negative profit margins for hospitals

November 20, 2008 — 11:33am ET | By Anne Zieger
With all the news we've been giving you of hospitals around the country struggling, it should be no surprise that the AHA's new survey results on hospital finances are not good. A quick-response... Read more...

White House's attempt to push Medicare expenses blocked

November 4, 2008 — 11:52am ET | By Dan Bowman
An attempt by the Bush administration to save money on Medicare expenses by paying for only the least expensive treatments for particular conditions was blocked by the Federal District Court. The... Read more...

Could drug co-pays rise for Medicare?

November 4, 2008 — 11:23am ET | By Dan Bowman
A recent study by consulting firm Avalere Health LLC found that, for the 10 largest drug companies, premiums are expected to rise an average of 31 percent next year. Some insurers may even increase... Read more...

Medicare PQRI needs serious improvement, AMA says

October 31, 2008 — 11:50am ET | By Anne Zieger
A new AMA survey suggests that the CMS needs to do some serious work on their Physician Quality Reporting Initiative (PQRI) if they want it to be effective. More than 6 out of 10 physicians who were... Read more...

CMS giving doctors 1.1 percent Medicare pay increase

October 31, 2008 — 10:51am ET | By Anne Zieger
The CMS has passed a new rule that will give doctors a 1.1 percent increase to their Medicare pay in 2009. Doctors will see the new pay increase on January 1, 2009. The final rule also includes an... Read more...

CMS gives Joint Commission conditional approval for critical-access hospital accreditation

October 27, 2008 — 11:15am ET | By Anne Zieger
The Joint Commission received approval from the CMS for its critical-access hospital accreditation program, but the approval was only conditional, and the program is on probation. The CMS found that... Read more...
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