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Medicare

Latest Headlines

Latest Headlines

Towers Watson buys private exchange for $435M

Professional services company Towers Watson is acquiring Extend Health, the largest private Medicare exchange, for $435 million.

Providers cheer proposal to phase out SGR

A proposed House bill would permanently repeal the sustainable growth rate (SGR) formula, preventing a 30 percent Medicare pay cut in 2013.

Best hospitals have lower Medicare costs

The 16 hospitals placed on the U.S. News and World Report "Best Hospitals Honor Roll" also have Medicare costs that are below other facilities.

GAO: CMS must take stronger stand on Medicare fraud, overpayments

The U.S. Department of Health & Human Services is leaving billions of dollars on the table by not acting on recommendations from the Government Accountability Office for Medicare oversight,

Cigna buys supplemental insurance company for $295M

Cigna has reached an agreement to acquire the supplemental health insurance unit of American Financial Group for $295 million. By acquiring Great American Supplemental Benefits Group, one of the...

Providers praise proposed SGR repeal, fee-for-service phase out

A proposed House bill would permanently repeal the sustainable growth rate (SGR) formula, preventing a 30 percent Medicare pay cut in 2013, and would phase out fee-for-service payments. The Medicare

5 much better ways to collect patient debt

We tend to be creatures of habit, often settling into routines we don't reassess until something jarring occurs to them or our lives. Hospital finance executives should consider the recent...

Capella profits jump with $5.1M CMS settlement

Another Tennessee hospital operator reported millions of dollars in additional Medicare revenue from the industry-wide settlement with the Centers for Medicare & Medicaid Services. Capella

Feds probe Humana on claims, doc loans

Humana is the subject of an investigation by the U.S. Justice Department regarding its coding of medical claims and loans to physicians in South Florida. Humana disclosed in a recent regulatory

Patients face huge markups on observation care drugs

Hospitals are charging patients huge markups for relatively commonplace drugs while they are placed in observation care, reported Kaiser Health News and USA Today . Hospitals have no obligation to