Archive | National News

Modern Healthcare Names 15 “Up & Comers” for 2017 – One Coloradan Recognized

For the 31st year, Modern Healthcare has selected a handful of  young executives who are making a difference in healthcare administration, management or policy.  The 2017 list of “Up & Comers” has recognized 15 leaders under the age of 40 who are making a difference.  Colorado has one of these rising stars. Dr. Brian Davidson, […]

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New CEO at Avista Adventist Hospital

Centura Health has announced the selection of Jillyan McKinney as the next CEO of Avista Adventist Hospital in Louisville.  Prior to joining Avista, McKinney served as the vice president of operations at Florida Hospital, a Seventh Day Adventists hospital system with facilities in Orlando, Tampa & Dayton Beach, Florida. Former Avista CEO, Dennis Barts, retired […]

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Bennet Co-sponsors Bill to Add Public Option to Exchanges for Rural Americans

Senators Michael Bennet (D-CO) and Tim Kaine (D-VA) have introduced a bill, the Medicare-X Choice Act, that would add a public option to ACA exchanges to benefit rural communities throughout the nation.  It would be available to counties with one or no plans from which to selection coverage. The bill is intended to initially provide […]

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Maria Terry Moves to IMA

IMA, Inc. has announced the selection of Maria Terry as its next vice president and healthcare practice leader.  Terry comes to the position with more than 40 years of experience in the industry, most recently with Lockton Denver. Terry is a past president of “Colorado Healthcare Associated Risk Managers”.    She was honored in 2016 […]

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Novartis to Close Manufacturing Plant in Colorado

Basel, Switzerland-based Novartis has announced that it will close its Broomfield manufacturing plant over the next two years.  The move will layoff close to 450 employees. The company has experienced a slump in its generic drug market and intends to downsize those facilities dedicated to their manufacture.  Novartis intends to redirect its production efforts  to  […]

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Senators Work to Reinstate Federal Payments to Insurers

With mounting opposition already at work,  a bipartisan deal was negotiated on October 17 in the Senate Health Committee to stabilize aspects of the Affordable Care Act marketplace.  Paramount in the compromise was the reinstatement of health insurance subsidies to insurers to offset a portion of individual premiums for consumers.   The deal also allows states […]

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Modern Healthcare’s “Best Places to Work” – Two Colorado Companies on List

Modern Healthcare’s “Best Places to Work in Healthcare” is celebrating its 10th year of recognizing outstanding employers across the country.   Two Colorado Companies have been honored with inclusion in this year’s rankings. Grand Junction-based HopeWest has been honored for the third year in a row with inclusion in the “2017 Best Places to Work in […]

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Pfizer Considers Non-prescription Products Sale

Pharmaceutical giant, Pfizer, is contemplating the sale of its consumer healthcare business to concentrate its efforts on its prescription drug business.  The company has such familiar over-the-counter brands as Advil, Centrum vitamins, Chapstick and Robitussin in its “medicine chest”.   In 2016, the consumer health products unit represented about 6.5 percent of total revenues, $3.4 billion […]

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JP Morgan Downgrades DaVita

On Monday, October 9,  JP Morgan downgraded DaVita Inc. stock to “underweight” from its former “neutral” ranking.  The move resulting in a 10 percent drop in DaVita shares in Monday trading. JP Morgan cited concerns over DaVita’s business dealings with the American Kidney Fund.  One of the largest national, nonprofit foundations, the American Kidney Fund […]

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President Trump Considers Signing “Stripped-down” Insurance Option

President Trump hints that on Friday he may unilaterally sign a health care order that would allow consumers to purchase alternative health insurance policies that do not completely comply with regulations set forth in the “Affordable Care Act”. According to a Reuters’ article: “The expected order would allow small businesses and individuals to band together […]

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