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Friday, March 3, 2017
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THIS MORNING’S TOP HEALTHCARE NEWS
Now that the Cadillac tax is being swept out with the ACA, employer and business groups are gearing up for their next big battle. READ MORE
Republican and Democratic lawmakers staged a scavenger hunt on Capitol Hill Thursday looking for a draft of the bill aimed at repealing and replacing the Affordable Care Act. READ MORE
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INSURANCE
WellCare faces $1.17 million CMS fine over plan oversight woes The CMS plans to fine WellCare $1.17 million for violating Medicare requirements by inadequately operating several of its Medicare prescription drug plans. READ MORE
Hearing aid coverage remains out of reach as cases of hearing loss spike More than 70 million Americans will experience some form of hearing loss by 2060 as the elderly population continues to steadily grow — and insurers still aren’t picking up the tab for hearing aids. READ MORE
FINANCE
Catholic Health Initiatives hit with another debt rating downgrade On Thursday, S&P Global Ratings cut its debt rating for Catholic Health Initiatives another notch – a decision that CHI called disappointing and fails to reflect operational improvements that the hospital giant has made over the past several quarters. READ MORE
Vital Signs: Report reveals device tax killed 28,000 jobs, and could kill 25,000 more Devicemakers have long complained that their business has been negatively affected by an excise tax placed on their devices by the ACA. A think tank has now crunched the numbers on how the tax affected U.S. jobs. READ MORE
Lawsuit alleges patient was charged $2,694 for release of medical records Manhattan lawyer Lowell Sidney got a shock when the mail delivered a weighty package containing 1,758 pages of his 71-year-old client’s medical records for which release of information costs were $2,693.68, including shipping and handling. READ MORE
AMA urges Trump’s DOJ to keep blocking Anthem-Cigna deal The American Medical Association urged the U.S. Department of Justice this week to reject the merger of Anthem and Cigna after court documents showed Anthem is holding out hope that the agency under the Trump administration will approve the deal. READ MORE
TECHNOLOGY
Emory Healthcare cyberattack affects 80,000 patient records Hackers held the Atlanta health system’s patient appointments system for ransom, compromising tens of thousands of patients’ sensitive personal information. READ MORE
SPOTLIGHT
Modern Healthcare’s Women Leaders to Watch Modern Healthcare’s Top 25 Women in Healthcare program honors female executives from all sectors of the healthcare system. These high achievers are developing policy, leading change and guiding healthcare delivery improvement across the country. READ MORE
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