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Washington community hospital lays off quarter of upper management

Aberdeen, Wash.-based Grays Harbor Community Hospital laid off nearly a quarter of its executive leaders following a disappointing 2017 mired by low volumes and continued reimbursement reductions....

Wake Forest may lose Medicare billing rights over cancer misdiagnoses

The CMS may revoke Wake Forest Baptist Healths ability to bill Medicare after several patients received erroneous cancer diagnoses due to poor lab oversight....

Trump calls for death penalty for drug traffickers

The White House on Monday unveiled a long-awaited plan to combat opioid abuse. The plan calls for tougher penalties for drug traffickers and a reduction in prescriptions over the next three years....

MedPAC: Hospitals' Medicare margins continue to drop

Hospitals Medicare margins are expected to continue falling in 2018, according to MedPAC. The aggregate margin hit a negative 9.6% across hospitals in 2016 and could sink to a negative 11% this year....

Highmark Health turns first-time ACA exchange profit in 2017

Highmark Health, a Blues plan that owns Allegheny Health Network, recorded higher operating gains and revenue in 2017, driven by the continued turnaround of its ACA insurance business, growth in its Medicare Advantage segment, and the sale of a......

Banner Health under federal investigation after 2016 cyberattack

HHS Office for Civil Rights is investigating Banner Health following a 2016 cyberattack that may have affected 3.7 million patients. The Phoenix-based not-for-profit system anticipates that it may receive negative findings and be fined....