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Morning Headlines 12/29/14

December 28, 2014 Headlines No Comments

Cerner Corp (CERN): $65.71

Cerner stock closes at $65.71 Friday, an all time high for the company.

Disneyland trip, Beyonce tickets were ‘inappropriate gifts’ to official, judge rules

The government upholds a VA decision to fire the former director of the Phoenix VA Health System,  not because of the wait-time scandal that was discovered at her facility, but because she accepted “inappropriate gifts,” including an 8-night family vacation to Disneyland for herself and six of her family members, from a consulting firm whose core business is helping vendors secure lucrative government contracts from the VA.

Why It’s So Hard to Fix Medicare Fraud

The Wall Street Journal analyzes Medicare fraud detection, explaining that the problem is complicated by the fact that 45,000 new providers enroll in Medicare every month and CMS does not have the resources to verify that every one is legitimate.

Jeb Bush quits hospital chain before possible White House run

Jeb Bush resigns from his position on the board of directors at Tenet Healthcare in preparation for a widely-speculated run in the 2016 presidential elections. Tenet is a for-profit health system that has publically attributed strong financial gains to the rollout of Obamacare, legislation that Bush formally opposes.

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