September 25, 2009 8:00 PM
- Text
Healthcare Roundup: Merger Guidelines Revisited, Insurance Antitrust Bill, California Health Jobs and More
(MoneyWatch) Justice Dept., FTC Re-Examine Guidelines - The Justice Department and the Federal Trade Commission plan to update their "horizontal merger" guidelines regarding antitrust violations for the first time since 1992. Although the agencies said nothing about the insurance industry, the AMA said it hopes that the update will help stop further consolidation of health plans. [Sources: Fierce Healthcare, AMA]
Insurance Antitrust Bill - Meanwhile, Sen. Patrick J. Leahy (D-VT), chairman of the Senate Judiciary Committee, has introduced a bill that would end health and malpractice insurers' exemption from federal antitrust laws. Leahy says the measure would increase competition and perhaps drive down costs. [Source: Kaiser Health News]
California Health Jobs - To meet the needs of California's growing population, the number of workers in allied health professions-including such positions as lab and x-ray techs, medical secretaries and nursing aides-will have to expand to 988,000 by 2030, according to a report by Beacon Economics. But the state's educational system can train only 634,000 allied health workers by then, so one in three positions will be open unless they're filled by people from out of state or Californians who are educated elsewhere. [Source: Fierce Healthcare]
Billers Have ICD-10 On Their Minds - Although CMS has pledged there will be no delays in implementing the ICD-10 set of diagnostic codes and the 5010 transaction set, a spokeswoman for the Healthcare Billing and Management Association (HBMA) believes that there could be chaos when ICD-10 is implemented in 2013. Holly Louie, who chairs HBMA's ethics & compliance and ICD-10 committees, said that payers have informed her they plan to meet the deadline by using "crosswalks" between ICD-9 and ICD-10, which could be a nightmare for medical billers. [Source: Healthcare Finance News]
Insurance Antitrust Bill - Meanwhile, Sen. Patrick J. Leahy (D-VT), chairman of the Senate Judiciary Committee, has introduced a bill that would end health and malpractice insurers' exemption from federal antitrust laws. Leahy says the measure would increase competition and perhaps drive down costs. [Source: Kaiser Health News]
California Health Jobs - To meet the needs of California's growing population, the number of workers in allied health professions-including such positions as lab and x-ray techs, medical secretaries and nursing aides-will have to expand to 988,000 by 2030, according to a report by Beacon Economics. But the state's educational system can train only 634,000 allied health workers by then, so one in three positions will be open unless they're filled by people from out of state or Californians who are educated elsewhere. [Source: Fierce Healthcare]
Billers Have ICD-10 On Their Minds - Although CMS has pledged there will be no delays in implementing the ICD-10 set of diagnostic codes and the 5010 transaction set, a spokeswoman for the Healthcare Billing and Management Association (HBMA) believes that there could be chaos when ICD-10 is implemented in 2013. Holly Louie, who chairs HBMA's ethics & compliance and ICD-10 committees, said that payers have informed her they plan to meet the deadline by using "crosswalks" between ICD-9 and ICD-10, which could be a nightmare for medical billers. [Source: Healthcare Finance News]
Latest Now in MoneyWatch
- Insurers respond cautiously to contraceptive plan
- Judge: Legally, breastfeeding not related to pregnancy
- Budget deficit drops to $27 billion in January
- Why the Powerball Jackpot is part of my investment strategy
- Is the new VW Beetle diesel worth the money?
- Consumer sentiment highlights risks to recovery
- Valentine blues? 10 best cities to be single
- December trade deficit widens to $48.8 billion
- Alcatel-Lucent returns to profit in 2011
- 6 things never to say in a performance review
- $26B mortgage deal: Who gets the money?
- Friendly's CEO steps down
- Quarterly loss hits $3.3B at Postal Service
- Greeks rail against cuts as EU demands more
- 6 things you should never share on Facebook
- Make moves now to increase financial aid
- Valentine's Day: 9 places to save
Latest CBS News Headlines
on Facebook
on CBS News
- Capello: No plans to coach in Italy
- Redknapp flattered by England coach consideration
- FA chiefs meet to consider Capello's successor
- Capello: No plans to coach in Italy
on Facebook
- Adele sings a cappella for Anderson Cooper
- Beyonce and Jay-Z post first photos of Blue Ivy Carter
- Timothy Dolan: Birth control tweak a "first step"
on CBS News






