Moody’s Hospitals face heavy risk without Medicaid expansion
Ratings agency says more nonprofit care centers may be forced into partnerships with for-profits as the ACA reshapes the payment landscape.
Horizon announces expansion to patient-centered care model
The state’s largest insurer has plans to continue growing the program, which aims to challenge the current payment model to encourage doctors to improve access to care.
Pfizer sets IPO for animal health unit
SEC documents suggest Pfizer will sell up to 20 percent of its animal health unit in an initial public offering.
FDA denies Watson exclusivity on diabetes drug, prompting lawsuit
Regulator action could give competitors six-month head start on sales of generic version of Actos, which an intellectual property expert called “a wrecking ball aimed at their house.”
Barnabas Health, Cigna to end contract
CEO of hospital system says Barnabas will remain in network with all other major insurance plans.
Horizon, Optimus join forces on accountable-care organization
Under the new ACO, 104 primary-care physicians and 42 physician practices throughout 11 New Jersey counties will operate as patient-centered medical homes.
UMDNJ expanding successful veteran out reach to job training
Jobs4Vets will provide training to former service personnel in needed areas like site cleanups and construction safety.
Attorney warns of more regulations on medical device-makers following JJ complaint case
It may become much harder for companies to get lawsuits dismissed following the decision, according to the attorney.
Health regulations may save 9B with electronic fund transfers
The regulations are designed to continue encouraging physicians to move away from paper records into the digital age.
Christie actions to approve hub funds, veto hospital disclosures praised by industries
Development community cheers expanded tax credits, while industry group notes transparency requirement could have kept for-profit hospital operators out of the state.
Horizon joins multistate network in expanding Medicare Advantage offering
The state’s largest insurer is convinced it can make waves in a crowded pool that includes heavyweights like Aetna and United.
Tax break for specialized biotechs would have limited, but welcome, impact on N.J.
BioNJ president likens the credit to the $1 billion federal biotech program of 2010, though said fewer New Jersey companies would qualify, as the incentive targets a smaller field — companies that make chemicals from renewable sources.