Failed Iowa CO-OP could cost federal gov't $140M; Republican senators question lack of oversight over grants to state exchanges;

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> The failure of Iowa's consumer operated and oriented plan, CoOportunity Health, may end up costing the federal government more than $140 million to settle its finances, the Des Moines Register reports. Article

> Three Republican senators--Iowa's Chuck Grassley, Utah's Orrin Hatch and Wyoming's John Barrasso--sent a letter to Centers for Medicare & Medicaid Services' Andy Slavitt about their concern over the "lack of oversight" for more than $1 billion in grants the federal government has given to state-based health insurance marketplaces. Letter (.pdf)

> Hillary Clinton has seized on fellow presidential candidate Jeb Bush's comment in which he questioned spending "half a billion dollars for women's health issues," The Hill reports. Bush, however, said he "misspoke" in his remarks during a campaign appearance. Article

Practice Management News

> Most top physicians believe doctors should be held accountable for costs and quality of care, according to a recent survey of chief medical officers and senior-level medical executives from a range of organizations and practice settings. Article

Health Finance News

> 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. However, the agency will not continue the partial delay in enforcing the two-midnight rule, which is now set to expire on Sept. 30. Article

And Finally… He's going to be a mighty king. Article