Community Health Systems’ computer network was targeted and successfully hacked. The group was identified to be from China, using a complex malware and technology to breach the system. It is believed to have breached their system back in April and June and the malware has been removed from the system. The Franklin, a Tennessee based …more
You shouldn’t believe everything you see on the internet, especially if it is selling you a product that can prevent or cure the Ebola virus. The FDA and CDC have both sternly stated that there are currently no supplements of any kind that can cure or prevent the virus. But that clearly hasn’t stopped schemers …more
Whatever it is that you’re looking to purchases, chances are it can be found in Walmart. Apparently that’s not good enough. Walmart is attempting to enter the world of primary health services. Normally, we’ll see a clinic operated by a hospital leased inside a Walmart. Now, they’ve started their campaign to become a primary healthcare …more
2012 is the most current calendar year with a full set of data for healthcare organizations pay rates. According to that data, CEO’s salaries for non-profit hospitals spiked at a much higher rate than the average worker. Modern Healthcare’s analysis consisted of 147 chief executives and their average pay increased by a whopping 24.2% from …more
Ebola has swept West Africa off of its feet with a terrible outbreak of the Ebola virus, which none of the countries hit were ready for. With 930 deaths within 1,700 suspected cases, Ebola has a 55% death rate. The countries hit hardest by this are Guinea, Liberia, and Sierra Leone, all of which already …more
Cerner Corp. recently acquired Siemens Health Services for $1.3 Billion. With this purchase, the company will increase its client base to 18,000 facilities in Germany, which is where Siemens is headquartered, and the United States. The acquisition was made so that Cerner could position itself for the “post-meaningful-use” era. Neal Patterson, CEO of Cerner stated …more
The Halbig v. Burwell case could be going to court for the third time in only two months. Last month, a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit ruled financial aid may be provided for only the 16 states that have set up their own insurance markets. Last …more
The conversion to ICD-10 diagnostic and procedure codes was originally set for this year on October 1st. In a final rule yesterday afternoon, the United States Department of Health and Human Services set the final conversion date back one year to October 1st, 2015. To read more, click here!
The largest publicly traded hospital by revenue, just increased their revenue in Q2 by 14.2%. Although there were multiple factors to the increase in revenue and net income, a good bulk of it came from treating more patients due to insurance expansion under Obamacare. One-third of its EBITDA came from increased Medicaid and commercial coverage …more
Tentative plans have finally been reached on plans to reform veteran’s healthcare. The chairmen of the House and Senate Veterans Affairs committees have come to a compromise; Florida Rep. Jeff Miller and Vermont Sen. Bernie Sanders have a new conference scheduled for today to talk about the negotiations. Click here for the full article!