Blue Cross & Blue Shield of Illinois plans to cut Medicaid reimbursement rates by 35% for medical suppliers—apparently in an effort to win back business after new enrollees were blocked from the state's revamped Medicaid managed-care program.
UnitedHealth Group will add diagnostic testing come Jan. 1, 2019 to its growing suite of services through a new partnership with Quest Diagnostics.
The Management of medicine Accountability Office urged the CMS to continue several experiments that require providers and medical equipment suppliers to prove they are meeting certain standards before being paid, as that could save the agency billions.
Sixty-two percent of health system executives support Amazon's growing presence in the medical supply sector and nearly the same amount said the company could successfully deliver supplies faster and at a lower price, according to a new survey.
Chicago-based hospital bed and medical device supplier Hill-Rom Holdings appointed John Groetelaars president and CEO, effective May 14.
Google researchers announced that their new artificial intelligence algorithm can predict heart disease by scanning the patient's eye.
With a bit of help from CT scans at a UC San Diego Health hospital and 3-D printing, an injured sea turtle is thriving again.
The test doesn't detect concussions and the approval won't immediately change how patients with suspected concussions are treated. But it allows Banyan Biomarkers to commercialize its test, giving the company an early lead in the race to find a way to diagnose concussions.
Hospital bed supplier Hill-Rom Holdings said today that CEO John J. Greisch will retire. The Chicago-based company has begun a search for a new CEO and expects to complete it in the April-to-June quarter.
Hill-Rom CEO John Greisch is betting there's more money to be made in blood pressure monitors and retina-scanning devices than adjustable hospital mattresses.
The CMS will ask the White House to allow it to evaluate whether states are overpaying for medical equipment in comparison to Medicare rates. Medical equipment providers say the crackdown comes as they are already struggling financially.
Like the rest of the healthcare industry, the medical-device industry has been consolidating at a rapid clip as companies look to increase their leverage with providers.