AOD Software has bought Stratis Business Systems Inc., a home health and home care cloud-based software system.
Nursing home stocks rise on positive outlook of proposed Medicare rule
May 05, 2008
Nursing home company shares rose on Friday following the release of a proposed government rule to cut Medicare funding in fiscal year 2009 by a net $60 million.
Federal funding for age-related diseases and illnesses is declining, report finds
May 24, 2011
One of the realities of the national budget crisis is that government funding for age-related health conditions — particularly Alzheimer’s — is drying up, says a new report from the Alzheimer’s...
Consultant pharmacists group forms for-profit subsidiary
Jun 13, 2008
The American Society of Consultant Pharmacists (ASCP) this week announced the launch of ASCP Ventures, Inc., a for-profit subsidiary of ASCP.
Sun lowers earnings forecast for 2009
Sep 10, 2009
Sun Healthcare Group Inc. has altered its earnings forecast downward for 2009 as a result of the estimated impact of changes to Medicare and Medicaid reimbursement.
Rehab firm’s overbilling will cost provider $1 million-plus
By
James M. Berklan
Nov 01, 2014
The fallout from a recent spike in rehabilitation charges to government payers continued to make headlines in September. This time, a nursing home company was blamed for insufficient oversight of its contract...
Pfizer to pay record $2.3 billion for promoting drugs unlawfully
Sep 03, 2009
Pfizer Inc., the largest drug maker in the world, will pay a record $2.3 billion in criminal and civil fines over illegal promotions of four prescription drugs.
Webcast today offers free advice on clinical reimbursement
Feb 29, 2008
This day (leap day) happens only once every four years. But today is notable for another unique event: a McKnight’s webcast on payment. It will offer tips and expert advice on clinical reimbursement...
Medicare, Medicaid short physicians, hospitals nearly $90 billion annually
Dec 10, 2008
Medicare and Medicaid underpay physicians and hospitals by roughly $88.8 billion every year, which means privately insured patients are picking up the tab, according to a new study.
Kindred earnings rise 30% in fourth quarter
Feb 23, 2009
Despite the general economic gloom at the end of 2008, Kindred Healthcare Inc. ended the year strong. Net income rose by 30% in the fourth quarter compared with the same quarter a year earlier.