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Friday 02/27/2015

BOSTON-- The owner of a home nursing agency was sentenced yesterday to 92 months in prison for fraudulently billing millions of dollars of services to Medicare and then laundering the proceeds. Michael Galatis, 63, of Natick, was sentenced today by U.S. District Court Judge Douglas P. Woodlock to 92 months in prison, three years of supervised release, and ordered to...

 

Undocumented farmworkers are half as likely as those who are documented to use Medicaid, the federal health insurance program available to low-income individuals and families, according to a new study from UC Davis Health System. "Undocumented agricultural workers are using Medicaid at about half the rate of documented immigrants and citizens, and they...

 

Feb. 27-- Blue Cross and Blue Shield, the state's largest health insurer, said Friday it posted its first financial loss in fifteen years as a result of insuring high numbers of older and sicker people under the Affordable Care Act. Blue Cross also paid $156 million in ACA-related fees, a new cost for the company. As a result, Blue Cross posted a loss of $50.6 million last...

 

Feb. 27-- In the last two years, pulmonary specialist Dr. Eduardo G. Martinez has become accustomed to the sight in his Hialeah office: newly insured patients flashing laminated healthcare insurance cards to show they are now covered under the Affordable Care Act. "Most people hand you that card like they are giving you an American Express Platinum without a limit,"...

 

--First Federal of Northern Michigan Bancorp, Inc. the holding company of First Federal of Northern Michigan reported consolidated net income of $319,000, or $0.09 per basic share, for the quarter ended December 31, 2014 compared to a consolidated net loss of $193,000, or $0.07 per basic share, for the quarter ended December 31, 2013. Consolidated net income for...

 

Today, BlackRock Resources& Commodities Strategy Trust, BlackRock Enhanced Equity Dividend Trust, BlackRock Energy and Resources Trust, BlackRock International Growth and Income Trust, BlackRock Health Sciences Trust, BlackRock Global Opportunities Equity Trust, BlackRock Utility and Infrastructure Trust, BlackRock Enhanced Capital and Income Fund,...

 
Thursday 02/26/2015