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Modern Healthcare | July 10, 2018
Verity Health System announced Tuesday it may sell some or all of its six hospitals as it works to fix the financial and operational problems that have dogged the safety-net provider for years. The Redwood City, Calif.-based health system has undergone significant ownership changes in recent years. One year ago, Los Angeles-based health technology company NantWorks, led by controversial entrepreneur Dr. Patrick Soon-Shiong, announced it had acquired a majority stake in Verity's management co...
Modern Healthcare | November 21, 2018
The Trump administration has again approved Kentucky's Medicaid waiver, which requires beneficiaries to either get a job, volunteer in the community or go to school to keep their benefits. Kentucky state regulators announced the approval on Tuesday, nearly five months after a federal judge blocked the state's first attempt. State officials say the new rules can begin as soon as April 1 and will be phased in regionally over several months. They will require adults ages 19 to 64, with some...
In the wake of the polarizing midterm elections this month, advocates hope that House Democrats and Senate Republicans see strengthening rural healthcare access as a prime area for bipartisan action in Congress next year.They say moves to shore up financially struggling rural hospitals and offer communities alternative payment and delivery models could be smart politics for both parties, as well as for President Donald Trump, heading into the 2020 elections. Several bipartisan rural health bills...
Modern Healthcare | December 26, 2018
With Congress' attempt to repeal the Affordable Care Act dead by the end of 2017, any relief the law's supporters felt were likely short-lived, as 2018 was the year the Trump administration began significantly remolding a law it fundamentally opposes.Led by HHS Secretary Alex Azar, who took the reins of the $1.2 trillion department last January, the administration charted an overarching strategy to lower drug prices and reduce spending on hospital care. Moreover, by the end of 2018, the ...
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