Community Health Systems to spin off 38 hospitals; CDC awards $110 million to fight infectious diseases

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> To focus on building regional healthcare networks, Community Health Systems plans to spin off 38 hospitals and a consulting business into a separate company, Reuters reported. Article

> With the goal of helping states and communities track and respond to infectious disease outbreaks, the CDC has allocated nearly $110 million in funding to support several projects. Announcement

> While officials at Southern Regional Health System evaluate a proposed sale, the hospital filed for relief under Chapter 11 Reorganization provisions of the United States Bankruptcy Code so that it can remain open and operating. Announcement

Health Finance News

> The nation's skilled nursing facilities will receive a windfall as a result of Medicare's final 2016 payment rule: A $430 million increase in payments next year. That represents a 1.2 percent overall increase. Article

> Hospitals will receive a modest inpatient prospective payment system bump of 0.9 percent for 2016 under a final rule issued by the Centers for Medicare & Medicaid Services. Article

And finally… A despicable traffic jam. Article