Tenet Healthcare Corporation and its Southern California hospital Desert Regional Medical Center will pay $1.41 million to resolve allegations that they knowingly charged Medicare for implanting unnecessary cardiac monitors in patients, federal prosecutors said Tuesday.
Big businesses are beginning to warm up to what was once unthinkable: a public option for health care. Democrats have bitterly split over whether to build on Obamacare by adding a government-run insurance choice to compete with commercial insurers, or whether to scrap the current system and move to "Medicare for All."
If it works, we pay. If not, we get most — if not all — of our money back. That’s the gist of a deal the Massachusetts Medicaid program, MassHealth, has reached for one of the most expensive drugs on the market.
There is at least one issue a divided electorate can come together on this election year: A recent poll finds 90% of those surveyed agreed on the importance of making health care more affordable. Millions of Americans remain uninsured.
“We’re proving the combination works. We’re growing the company, as you noted,” Cigna CEO David Cordani said of the company’s $54 billion merger with Express Scripts in 2018. “We increased our revenue guidance and our earnings guidance each of the last quarters of 2019 and we ended the year with another beat,” he said in a “Mad Money” interview. “Then we’re stepping into 2020 with a 10% revenue growth outlook and another double-digit earnings outlook in front of us,” he said.
The New Jersey Department of Health said on Wednesday it is installing a monitor for Christ Hospital to provide daily oversight of its finances. The monitor will be appointed through an agreement with the New Jersey Health Care Facilities Financing Authority.