While health insurers claim they spend 87 cents out of every premium dollar on healthcare, the actual amount is "significantly lower," according to a release by Sen. Jay Rockefeller (D-W.Va.).
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Pacific Surgery Center in Poulsbo, Wash., upgraded its core practice management systems to solutions from HSTpathways and ZirMed and experienced reduced bottlenecks despite volume increases of 15 percent, according to a ZirMed news release.
Covington, Ky.-based Omnicare, the nation's largest nursing home pharmacy, will pay $98 million, and IVAX Pharmaceuticals of Weston, Fla., a drug manufacturer, will pay $14 million to settle false claims allegations, which allege the companies engaged in a kickback scheme,…
A multi-center study published in the November issue of Ophthalmology suggests that cataract surgery can improve vision in patients with any stage of age-related macular degeneration, according to a report by the American Academy of Ophthalmology.
United Surgical Partners International released its results for the quarter ending Sept. 30, 2009, including a 19 percent growth in operating income for the quarter, which increased to $55.4 million as compared with $46.6 million for the prior year period,…
Count Me In, LLC announces Remote Management Connection (RMC), the seventh edition of the award-winning Timecard Monitor, the QuickBooks-compatible, employee time and attendance solution that authenticates employees' identities, records their hours with uncompromised accuracy and seamlessly integrates with payroll programs-all…
CMS is going ahead with plans to slash Medicare physician reimbursements by 21.2 percent next year, following a requirement to put reimbursements in line with a sustainable growth rate formula, according to a final rule issued by CMS.
Due to a request from Congress, the Federal Trade Commission is delaying enforcement of the Red Flags Rule until June 1, 2010, for financial institutions and creditors subject to enforcement by the FTC, according to an FTC news release.
The Georgia Department of Insurance has fined United Healthcare Insurance Co. $750,000 for failure to pay claims within 15 days of receipt as is required by Georgia law, according to a report by the Atlanta Journal-Constitution.
Noel Wayne Jhagroo, the owner and operator of a Houston-area durable medical equipment company has pleaded guilty to defrauding the Medicare program in a scheme to submit approximately $962,000 in fraudulent claims, according to a Department of Justice News release.