Morning Headlines 7/10/15

ICD-10 Medicare FFS Acknowledgement Testing: June 1 through 5, 2015

CMS reports that 90 percent of submitted claims were accepted during its latest round of ICD-10 acknowledgement testing. Most rejected claims were the result of errors within the submission, and no claims system issues were identified.

Obama nominates Slavitt as CMS administrator

Andrew Slavitt is nominated as the next CMS administrator, a position he has held on an interim basis since Marilyn Tavenner stepped down in February.

Theranos and Capital BlueCross Team Up to Provide Innovative, Low Cost, Accessible Lab Testing Services in Central Pennsylvania

Lab services vendor Theranos announces a partnership with BlueCross to offer lab tests at a cost 50 percent below Medicare reimbursement rates.

Gary Fingerhut out as Cleveland Clinic Innovations executive director

Cleveland Clinic Innovations Director Gary Fingerhut quits after the FBI discovers that he made inappropriate financial transactions related to a Cleveland Clinic spin-off company.