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Archive for the Insurance News Net Category

Behavioral health company manager from Greensboro pleads guilty to Medicaid fraud

Behavioral health company manager from Greensboro pleads guilty to Medicaid fraud

A Greensboro woman who managed a Wilson behavioral health company has pleaded guilty to health fraud conspiracy and aggravated identity theft, according to the U.S. Department of Justice. Renee Borunda will be sentenced to about three years in federal prison, followed by three years of supervised release. […]

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Report: Watertown's athenahealth to be acquired for $5.5B

Report: Watertown's athenahealth to be acquired for $5.5B

Activist hedge fund Elliott Management and private equity firm Veritas Capital have agreed to acquire athenahealth for $5.5 billion in cash, Reuters reported Sunday night.  Citing people familiar with the matter, Reuters said Elliott and Veritas had agreed to acquire the Watertown-based health IT company for $135 […]

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The highest-paid employee of each Western New York hospital

The highest-paid employee of each Western New York hospital

The leader of the hospital system that oversees Batavia’s hospital is the highest-paid hospital worker in Western New York. Eric Bieber, CEO of Rochester Regional Health, made $4.6 million in 2016, according to the most recent available data. United Memorial Medical Center is part of that system, […]

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Is North Texas quietly gaining another Fortune 500 headquarters from California?

Is North Texas quietly gaining another Fortune 500 headquarters from California?

San Francisco quietly lost the headquarters of Core-Mark Holding Co., which disclosed on an earnings call that it’s moving its headquarters to Dallas-Fort Worth next year. Will this health care company follow? Source link

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40 Under 40: 98point6 General Counsel Tori Lallemont was inspired by her attorney grandfather

40 Under 40: 98point6 General Counsel Tori Lallemont was inspired by her attorney grandfather

Lallemont joined the Seattle health care startup in 2015. Her legal experience includes health care privacy and security, FDA regulations and clinical trials. She also specializes in pharmaceutical and device development and pediatric research. Source link

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Biotech unicorn Moderna files for IPO of up to $500M

Biotech unicorn Moderna files for IPO of up to $500M

One of the biotech industry’s largest unicorns, Cambridge-based Moderna Therapeutics, is planning to go public with an IPO of as much as $500 million, according to documents filed Friday. Moderna is developing messenger RNA molecules, including cancer vaccines, that executives estimates could impact dozens of diseases. The […]

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Special Report: How big research money at Colorado universities is fueling industry

Special Report: How big research money at Colorado universities is fueling industry

Local universities are posting record-breaking research funding. From breweries to electric cars and opioid research, here’s how some of that money is being used to benefit Colorado businesses. Source link

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'Superbug' infection rates bring down Sacramento hospital safety ratings

'Superbug' infection rates bring down Sacramento hospital safety ratings

Report cards are in for hospital safety, and most of Sacramento’s hospitals received a “C” grade in part due to complications after surgery and “superbug” staph infections. Source link

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BAYADA execs talk future of home health care in Charlotte

BAYADA execs talk future of home health care in Charlotte

BAYADA Home Health Care entered the North Carolina market in 1989. Since then, it’s built a network of about 4,000 employees in N.C. alone and created a southern hub for itself in Charlotte. Source link

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Brown's win assures continuity in Oregon health care, but what about innovation?

Brown's win assures continuity in Oregon health care, but what about innovation?

Brown’s predecessor, John Kitzhaber, made health care his signature issue. She could follow suit. Source link

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