Last chance to apply for Medicare Shared Savings starting in April; Kaiser's eco-friendly IVs to save $5M annually;

> Following new reports of sexual misconduct by Texan psychiatrists, the state health department seized hiring control of all physicians at 10 facilities, reported the American-Statesman. With the intent to protect patients, the department's state hospital section director must approve all psychiatrists before they are hired. Article

> To healthcare organizations looking to save with accountable care: Today is the last chance to sign up for the April 1 start date of the Medicare Shared Savings Program, according to the application released last fall. The Centers for Medicare & Medicaid Services (CMS) will accept applications until 5:00 p.m. EST. Application (.pdf)

> OSF Healthcare System agreed to acquire Ottawa (Ill.) Regional Hospital & Healthcare Center and form OSF Saint Elizabeth Medical Center, reported the LaSalle News Tribune. Healthcare officials expect regulatory approval by May 1. Article

> Kaiser Permanente will switch all of its intravenous equipment to eco-friendly alternatives made with safer chemicals, according to The Washington Post. The switch affects almost 100 tons of medical equipment and will save a projected $5 million a year. Article

> After three immediate jeopardy status reports in the past few months, Cape Fear Valley Health System worked out an agreement with CMS to keep its Medicare funding intact, according to NBC17. Under the agreement, CMS will make a comprehensive review of all policies and procedures at the North Carolina health system. Article

And Finally... That's a lot of loot: Metro workers steal change to win lottery. Article