Capital Finance
Florida Gov. Rick Scott’s controversial plan to privatize Florida’s Medicaid and CHIP programs covering 2.9 million people continued to move through the Florida legislature last month, though a May 6 end to the current session will leave the House and Senate a short window to reconcile the two versions of the bill.
The Department of Labor has released a competency model for the long-term care industry that officials hope will solve long-standing issues of low wages and a high staff turnover rate.
Consumer Watchdog, a non-partisan consumer advocacy group, has called on the administration of President Barack Obama to make health reform waivers "the exception, not the rule."
The Department of Health and Human Services has announced a new program, developed under the Affordable Care Act, that's aimed at eliminating medical errors and reducing healthcare costs on a national scale.
Congress has approved the repeal of a provision in the Affordable Care Act that would have required small businesses, including physicians, to file an IRS 1099 form starting in 2012 for each vendor purchase of $600 or more.
In an April 13 televised speech, President Barack Obama outlined his plan for reducing the federal deficit and cutting Medicare costs. Unlike the GOP plan, he said, his plan would "use a scalpel, not the machete."
Managed Health Care Associates, a healthcare service company focused on alternate site providers, has acquired Tidewater Group Purchasing from Omnicare, a Kentucky-based provider of pharmaceutical care for the elderly.
Amedisys, a Louisiana-based home health and hospice company, plans to acquire the hospice operations of Hackensack University Medical Center in New Jersey.
Naples, Fla.-based Health Management Associates is negotiating the acquisition of seven hospitals from Mercy Health Partners - Tennessee, a subsidiary of Catholic Health Partners.
Community Health Systems Inc. has raised its offer for a takeover of Tenet Healthcare Corp. by 20 percent in what is its final attempt to close a deal between the two rival hospital operators.