According to new data released by the American Hospital Association, Medicare and Medicaid underpaid U.S. hospitals by $ 76.8 billion in 2017. Medicare underpayments totaled $ 53.9 billion and Medicaid underpayments $ 22.9 billion for 2017. Meanwhile, in 2017, hospitals provided $ 38.4 billion in uncompensated care, the AHA said. THE IMPACT This means hospitals… Read More »
Johnson & Johnson lost $ 39.8 billion in market value Friday, suffering its worst trading day in more than 15 years, after Reuters said the company knew for decades that its baby powder contained asbestos — an allegation the company denied.