News
The TriZetto Group announced Monday a new performance lab in which the company is using IBM hardware to test the scalability of its software applications for payers.
The Tenet Healthcare Corporation has received a revised proposal from Community Health Systems to acquire all of the outstanding shares of Tenet for $6 per share in cash.
As the economy perks up, it appears that rates of physician turnover rise with it. For the first time since 2008, physician turnover has increased, reminding medical groups of the delicate balance between physician supply and demand.
The Engineering Services Network, an Arlington, Va.-based developer of engineering and technology solutions, has won a $4.2 million VistA Financial Annual Enhancements contract to improve the way in which the U.S. department of Veterans Affairs tracks costs and manages claims and billing for its health system.
CVS Pharmacy has agreed pay $17.5 million to settle a false Medicaid billing case. The settlement, brought to the government's attention by a Minnesota pharmacist resolves allegations the company submitted inflated prescription claims in 10 states for more than what was owed to CVS for Medicaid beneficiaries who were also eligible for benefits under a primary, third-party plan.
With the life expectancy of Americans now over 78 years, demand for long term care facilities is strong and future prospects continue to look positive for services such as assisted living, nursing homes and home care, according to Kalorama Information's new report. Kalorama estimated the long-term care market in the U.S. to be $258 billion in 2010.
Two owners of a seven-location chain of mental health clinics have pled guilty in Miami District Court for their roles in a scheme that resulted in the submission of more than $200 million in fraudulent Medicare claims.
A bi-partisan bill introduced in the Senate and House seeks to remedy the complex and confusing rules for inpatient observation of Medicare beneficiaries.
The health of workers in the United States is declining, and employers spend about $670 in healthcare costs per worker every year, according to Thomson Reuters' newly released U.S. Workforce Wellness Index.
Union officials say more than 70 percent of the registered nurses of Boston's Tufts Medical Center voted Thursday night to authorize a 24-hour strike over patient care conditions.