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Feb 15, 2011

Today’s issue is brought to you by AIS's Health Plan Week, the industry's leading source of objective business, financial and regulatory news of the health insurance industry.

 
Today's Featured Story

Despite Low Admissions in 2010, Publicly Traded Hospitals Maintained Their Profitability
Reprinted from Health Plan Week

While a year of lower-than-normal medical utilization translated to big profits for health insurers in 2010, publicly traded hospitals have posted a year of virtually flat admissions. Although this would seem to create a difficult financial environment for hospitals, earnings among some for-profit provider companies suggest otherwise .... Read Full Story

 

Quote of the Day

“I think there’s incredible evidence that well-run, well-organized coordinated care that is not based on fee-for-volume, but on the health of the population, is both doable and has been successful…. But my honest belief is you have to have a large enough ACO population and you all have to take some level of risk on the up and down side, so you actually have incentives to change behavior, and invest in the system of health and wellness prevention and chronic disease management.”

— Robert Margolis, M.D., chairman and CEO of HealthCare Partners, told AIS’s Health Reform Week.

Click here to read the AIS's HEALTH REFORM WEEK article in which this quote appeared. (Free for HRW subscribers; $17 for non-subscribers).

 

Today's Datapoint

More than
$300 million…was paid to whistleblowers involved in 2010’s federal health care fraud enforcement efforts, which yielded more than $4 billion in recoveries, according to an annual report released recently by HHS and DOJ.

Click here to read the REPORT ON MEDICARE COMPLIANCE article in which this datapoint appeared. (Free for RMC subscribers; $17 for non-subscribers).

 

Today from Washington

People on the Move

Eli Lilly and Co. promoted Sue Mahony to president of its cancer drug business. Mahony was in charge of human resources and diversity.... BlueCross BlueShield of South Carolina named Marti Mahaffey vice president of marketing and chief business development officer for its government programs division. Mahaffey was senior vice president for government markets at Health Care Service Corp.

 

Today's Featured Health Business Job Opening

Providence Health & Services
ASO Product Development Manager
Portland, Ore.



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