FDA approves new cancer drug; New accountable care collaboration begins in Texas;

News From Around the Web

> The Food and Drug Administration will accelerate approval for Merck & Co. to develop a new cancer drug to treat melanoma, according to the Wall Street JournalArticle

> Aetna and Baylor Scott & White Quality Alliance, a comprehensive accountable care network of more than 2,500 physicians in Texas, will began an accountable care collaboration, the insurer announced. Statement

Health Finance News

> Medical marijuana could provide a remedy to the ever-rising healthcare costs in the U.S., according to the Motley Fool. Article

> Companies waiting to bid for a recovery audit contractor RAC pact from the Centers for Medicare & Medicaid Services will have to wait. A ruling by the U.S. Court of Federal Claims likely pushed the bidding process back by as much as a year, RacMonitor reports. Article

Health IT News

>   Only weeks away from the original ICD-10 deadline, just 11 percent of healthcare organizations said they are fully ready to implement the new coding system, according to a survey by SearchHealthIT and the College of Healthcare Management Executives. Article

And Finally… Hospital food around the world. Article