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Dartmouth-Hitchcock Medical Center will abandon the Pioneer Accountable Care Organization program, the system confirmed Tuesday, after losing more than $3 million over the past two years in the Centers for Medicare and Medicaid model.
CMS has approved Dartmouth-Hitchcock's application for Next Generation and will receive its dollar target this fall. That will determine whether they sign the contract.
Aetna said it expects the transaction will be completed in the second half of 2016 pending conditions, federal review and regulatory approval.
Millennium Health of San Diego has agreed to pay $256 million to the federal government to resolve claims that it billed Medicare, Medicaid and other federal healthcare programs for medically unnecessary urine drug and genetic testing, according to the U.S. Department of Justice.
Major for-profit ambulatory surgery operator AmSurg on Tuesday said it has offered $7.8 billion to TeamHealth Holdings to merge the companies.
The governor and state lawmakers are using a mixture of healthcare models to put the major players -- doctors, hospitals and insurers -- all on the hook to keep rising costs in check.
Aetna said it expects the transaction will be completed in the second half of 2016 pending conditions, federal review and regulatory approval.
Venture capital funding for digital health rebounded in the third quarter of 2015, up 32 percent quarter over quarter with $1.6 billion doled out across 148 deals, according to a new report from Mercom Capital Group.
Over the next five years, U.S. health systems stand to lose a total of $305 billion from coordinated cyberattacks, according to Accenture. Even worse, their patients are at big financial risk themselves.
Revenue cycle firm RelayHealth said it has processed more than $25 billion in claims using ICD-10 codes, though it's still not known how that will translate when it comes to payment by the insurers.