Actuaries lack data to determine next year's rates; Massachusetts hospitals rake in profits;

News From Around the Web

> Even though the Centers for Medicare and Medicaid Services extended the deadline for pricing plan submissions from May 1 to May 31, 63 percent of 90 actuaries who participated in a study from Munich Health North America Inc. said there won't be enough data to accurately estimate next year's prices, according to Insurance Networking News. Article

> Overall profitability at Massachusetts hospitals improved, according to a 2013 fiscal report released Wednesday by the Center for Health Information Analysis. The state's most profitable hospital, Boston Children's Hospital, earned $157.7 million. Report (.pdf)

> Republican Sens. Roy Blunt (Mo.) and Lamar Alexander (Tenn.) voiced concerns regarding potentially wasted funds at a Missouri exchange processing center, claiming employees are getting paid to do nothing, they wrote a recent letter to CMS Administrator Marilyn Tavenner on Wednesday. Letter (.pdf)

Health Provider News

> Federal investigators are probing Veterans Affairs (VA) hospitals across the country amid allegations hospital officials kept secret waitlists. Article

> Many hospitals want to "go green" and modify their energy consumption, waste disposal and chemical use to lessen their impact on the environment. Sustainability initiatives can help hospitals save millions, but it's difficult to know where to start. Article

And Finally... You can leave that chip on the ground. Article