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Morning Headlines 11/9/17

November 8, 2017 Headlines No Comments

Repealing the Individual Health Insurance Mandate: An Updated Estimate

The CBO estimates that if the GOP repeals the ACA individual mandate as part of its planned tax overhaul, it would lower the federal deficit by $338 billion over the next ten years, making room for tax cuts in other areas. Eliminating the mandate is expected to increase the uninsured rate by four million people in 2019 and 13 million in 2027.

America’s Hospitals: Improving Quality and Safety

In its annual report on quality, The Joint Commission notes that in 470 hospitals submitted eCQM data in 2017, up from 34 in 2016. The report predicts that more than 2,000 hospitals will submit eCQM data in 2018.

Major investors sue Outcome Health, alleging firm committed fraud to secure $487.5M investment

Chicago-based healthcare unicorn Outcome Health is sued by a group of early investors, including the investment arms of Goldman Sachs and Google, over allegations of fraud. The company and its founders are being accused of falsifying its financial performance data during its most recent fundraising round.

Cleveland Clinic plots $20 million children’s center

The Cleveland Clinic will spend $20 million remodeling its four-story Taussig Cancer Center into a 120,000-square-foot children’s center. The new center is expected to be completed by fall 2018.

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Reader Comments

  • David Butler: I absolutely love this article! I'm fairly new to following HIStalk and Dr. Jayne (and the various portions of the site...
  • MiroslavB: Great insights - Thanks Ed !...
  • SteveS: I’d like to hear more from Ed about his perspective on the current state of “Professional Organizations” – in te...
  • Brian Too: Nice to hear from a small hospital for a change. We hear lots from the large players and consolidation has meant that b...
  • Sam Lawrence: Except in this case, coding = medical billing, not development. Though the same warning may be true...
  • BeenThere: Partners will find the savings from their cuts of coders as fools gold. There are a lot of hidden costs running an outs...
  • JC: If there is not there can be. VistA has a reference lab interface that can create the manifests/labeling and such as we...
  • Tom Cornwell: Great stuff from Dr. Jayne as usual. One small typo, last sentence of second-to-last paragraph: should be 'who's' not 'w...
  • HIT Observer: What I find most interesting here, is people defending their common practices rather than truly taking this as invaluabl...
  • Bob: There's no incentive for the provider to spend time doing a price comparison for the patient. Nor is it a good use of th...

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