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Excela Health reports $36.2M loss for fiscal year ending June 30

Westmoreland County-based Excela Health, which merged with Butler Health System in January to form Independence Health, lost $36.2 million in the fiscal year ending June 30, according to a new disclosure report. That’s $15 million more than losses reported in the previous fiscal year ending in June 2022, when it ....

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Halloween events in Ocean City: Hometown briefs

Halloween in Ocean City: Ocean City’s 75th annual Halloween Parade will be held at 7:15 p.m. Thursday on Asbury Avenue from Sixth Street to 11th Street. ....

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A "Demonstration Project" Equals No Medicare Reform

The latest congressional leadership proposal for a "demonstrationproject" to test Medicare reform continues a tiresome pattern ofbad federal health policy that undercuts the effectiveness ofmarket-based health care reforms. Serious Medicare reform means onething: creating a premium support financing system modeled on theFederal Employees Health Benefits Program. ....

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Preti Flaherty hires attorney named a top 'whistleblower lawyer' by D.C. magazine

Timothy McCormack, who was recognized as one of Washington’s "Best Whistleblower Lawyers" by Washingtonian magazine, has joined the firm’s Portland office. ....

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A | The Heritage Foundation

The House-Senate conference committee outline agreement this weekguts any serious long-term reform of the troubled Medicare programwhile proposing the single largest entitlement expansion in theprogram's history. Instead of enacting real reform at a datecertain and in time to accommodate the retirement of the massivebaby-boom generation, key congressional leaders are insteadproposing a limited "demonstration project" to test seriousMedicare reform, confined to a few areas of the country. ....

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