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.
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.
Sounds reasonable, until you look at the Silicon Valley experience. Silicon Valley grew like a weed precisely because employees could…