U.S. investors urge "going concern" warning reform

(Reuters) – Regulators need to crack down on auditors who fail to warn investors and the public before corporations fail, investors told the main watchdog for U.S. auditors on Wednesday. Most big companies bailed out by the government in the 2007-2009 financial crisis had clean bills of health from their auditors and no auditors have been disciplined over this, investors told the Public Company Accounting Oversight Board at a meeting in Washington. …

Hospital pay incentives fail to help patients: study

(Reuters) – A program to pay hospitals bonuses for hitting key performance measures, or dock them if they miss, failed to improve the health outcomes of patients, according to a large, long-term study. The study could lead to a re-examination of financial incentives in healthcare, as policymakers seek ways to reward results rather than paying doctors and other providers for each service they provide, such as a diagnostic test. Such an incentive program for hospitals is a key provision of the U.S. healthcare overhaul law that is being challenged this week before the Supreme Court. …

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