Boeing teams with providers to cut care costs; CEO pay penalizes optimists, rewards low-performers;

News From Around The Web

> Aerospace giant Boeing and a variety of providers in the Seattle area are teaming up to find ways to cut costs in care delivery, Kaiser Health News reported. Article

> Critics of a drug discount program for safety net hospitals and clinics say the facilities are misusing the resultant savings, the Washington Post reports. Article

> Virginia Gov. Terry McAuliffe (R-Va.) vowed to unilaterally expand the state's Medicaid program in the face of a Republican takeover of the state Senate, according to Think Progress. Article

Provider News

> Hospital CEO pay may penalize optimistic behavior and reward low-performing executives, according to new research. Based on U.S. CEO compensation data, those CEOs whose earning projections and option exercise behavior were more optimistic got fewer bonuses, smaller stock option grants and less overall compensation than other chief executives, according to a study published in the Journal of Financial Economics. Article

> Medicare will penalize about 750 hospitals across the country with the highest rates of infections and patient injuries, slapping them with about $330 million in sanctions starting in October. Article

> Almost 80 percent of Department of Veterans Affairs senior executives got performance bonuses in 2013, despite widespread treatment delays that resulted in veteran deaths, along with allegations of secret wait lists at VA hospitals and clinics. Article

Healthcare IT News

> Draft guidance published Friday by the U.S. Food and Drug Administration seemingly paves the way for smoother medical device interoperability by lowering the burden on developers of medical device data systems to comply with agency requirements. Article

And finally ... VA wrongly classifies veteran as dead, complicating his ongoing life. Article