UPDATE: After four days of deliberation, the jury delivered guilty verdicts yesterday in the case of U.S. v. Blaszczak et al., in which the government alleged that a former CMS employee and a Washington D.C. health consultant funneled trading tips to two NYC hedge fund pros based on insider knowledge of policy. (Law360.com)
Eight acute care hospitals (St. Joseph’s Hospital of Savannah, GA; Candler Hospital of Savannah, GA; Banner Ironwood Medical Center of Queen Creek, AZ; Banner Casa Grande Medical Center of Casa Grande, AZ; Regina Hospital of Hastings, MN; Boulder Community Health of Boulder, CO; Weirton Medical Center of Weirton, WV; and West Virginia University Hospital of Morgantown, WV) initiated litigation in the United States District Court for the District of Columbia on May 1, 2018 regarding the District Court’s previous ruling of August 19, 2016 concerning the Self-Disallowance regulation and its conflict with the Medicare statute.
On May 3, Rep. David P. Roe introduced a bill to establish a permanent community care program for veterans and to establish a commission for the purpose of reviewing facilities of the Veterans Health Administration.
A new report from Mathematica Health Policy found that Medicaid spending substantially decreased when beneficiaries transitioned from institutional care into community-based care. (Medicaid.gov)
Health IT vendor Allscripts announced Thursday that it signed a definitive agreement to acquire HealthGrid Holding Company (HealthGrid), a mobile enterprise patient engagement platform business, in a $60 million cash deal. The acquisition is estimated to be closed in Q2 2018. (AllScripts.com)
Ping An Healthcare, which operates China’s largest online healthcare platform, made its debut on the Hong Kong stock market today with shares opening up 4.6%. (Reuters.com)