Friday, February 3, 2023

Mississippi lawmakers consider easing restrictions on public hospitalsMississippi lawmakers consider easing restrictions on public hospitalsMississippi lawmakers consider easing restrictions on public hospitals

Mississippi lawmakers consider easing restrictions on public hospitals

Government-owned community hospitals are currently not allowed to operate outside of service areas. A proposed bill would let them consolidate or work together.



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Cigna profits grew 24% to $6.7B in 2022Cigna profits grew 24% to $6.7B in 2022Cigna profits grew 24% to $6.7B in 2022

Cigna profits grew 24% to $6.7B in 2022

Cigna expects its Medicare Advantage membership to grow in the high single digits this year, executives told investors.



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Tallahassee Memorial hit with potential ransomware attackTallahassee Memorial hit with potential ransomware attackTallahassee Memorial hit with potential ransomware attack

Tallahassee Memorial hit with potential ransomware attack

The hospital called the attack an “IT security issue.” Victims often at least initially decline to confirm ransomware attacks.



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Outcome Health employees worried if company was a Ponzi schemeOutcome Health employees worried if company was a Ponzi schemeOutcome Health employees worried if company was a Ponzi scheme

Outcome Health employees worried if company was a Ponzi scheme

An early employee tells a jury there were questions inside and outside the company.



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Thursday, February 2, 2023

Intermountain Health names Berensen COOIntermountain Health names Berensen COOIntermountain Health names Berensen COO

Intermountain Health names Berensen COO

Nannette Berensen fills the vacancy created when Rob Allen rose from chief operating officer to president and CEO in December.



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Medical interpreters face high demand, low reimbursementMedical interpreters face high demand, low reimbursementMedical interpreters face high demand, low reimbursement

Medical interpreters face high demand, low reimbursement

With more than 350 languages spoken in the U.S., finding qualified individuals to interpret in healthcare settings  is a challenge.
 



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Cleveland Clinic snags Banner Health executive for CFO roleCleveland Clinic snags Banner Health executive for CFO roleCleveland Clinic snags Banner Health executive for CFO role

Cleveland Clinic snags Banner Health executive for CFO role

Dennis Laraway has served as CFO at Phoenix-based Banner Health since 2017.

 



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Millions at risk of losing Medicaid coverage once COVID-19 emergency endsMillions at risk of losing Medicaid coverage once COVID-19 emergency endsMillions at risk of losing Medicaid coverage once COVID-19 emergency ends

Millions at risk of losing Medicaid coverage once COVID-19 emergency ends

The move not only affects those at risk of losing access to care but also puts pressure on hospitals, doctors and other providers relying on Medicaid payments.



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Cancer Treatment Centers of America completes City of Hope rebrandCancer Treatment Centers of America completes City of Hope rebrandCancer Treatment Centers of America completes City of Hope rebrand

Cancer Treatment Centers of America completes City of Hope rebrand

The not-for-profit says it is using its purchase of CTCA to build a national cancer powerhouse.



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Wednesday, February 1, 2023

Drugmakers restrict 340B sales after appellate court rulingDrugmakers restrict 340B sales after appellate court rulingDrugmakers restrict 340B sales after appellate court ruling

Drugmakers restrict 340B sales after appellate court ruling

Bayer and EMD Serono will restrict the sale of 340B drugs delivered through contract pharmacies. Other drug manufacturers may add limitations.



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Drugmakers restrict 340B sales after appellate court rulingDrugmakers restrict 340B sales after appellate court rulingDrugmakers restrict 340B sales after appellate court ruling

Drugmakers restrict 340B sales after appellate court ruling

Bayer and EMD Sorono will restrict the sale of 340B drugs delivered through contract pharmacies. Other drug manufacturers may add limitations.



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New York nursing home owners kept pandemic money while facilities sufferedNew York nursing home owners kept pandemic money while facilities sufferedNew York nursing home owners kept pandemic money while facilities suffered

New York nursing home owners kept pandemic money while facilities suffered

Almost half of New York state's 600-plus nursing homes hired companies run or controlled by their owners, often paying them well above the cost of services.



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Humana names CenterWell president, eyes expansionHumana names CenterWell president, eyes expansionHumana names CenterWell president, eyes expansion

Humana names CenterWell president, eyes expansion

Humana profits declined 4.5% to $2.8 billion in 2022, the company reported Wednesday.



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GoodRx shared consumer’s health info with Facebook, Google, FTC allegesGoodRx shared consumer’s health info with Facebook, Google, FTC allegesGoodRx shared consumer’s health info with Facebook, Google, FTC alleges

GoodRx shared consumer’s health info with Facebook, Google, FTC alleges

This is the first time the FTC has enforced its 2009 Health Breach Notification Rule. The move will likely serve as a warning to other digital health companies.



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Tuesday, January 31, 2023

Ascension names Conrado president; Impicciche remaining CEOAscension names Conrado president; Impicciche remaining CEOAscension names Conrado president; Impicciche remaining CEO

Ascension names Conrado president; Impicciche remaining CEO

The change splits up the president and CEO roles, both held by Joseph Impicciche.



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Pro-Russia hacker group targets University of Michigan Health websitesPro-Russia hacker group targets University of Michigan Health websitesPro-Russia hacker group targets University of Michigan Health websites

Pro-Russia hacker group targets University of Michigan Health websites

Monday's attack targeted U.S. hospital systems in California, Pennsylvania, North Carolina and Michigan.



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What the end of the federal COVID-19 emergency means for healthcareWhat the end of the federal COVID-19 emergency means for healthcareWhat the end of the federal COVID-19 emergency means for healthcare

What the end of the federal COVID-19 emergency means for healthcare

Here’s what to know about the federal healthcare policies that will expire when the COVD-19 public health emergency declaration ends in May.



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Monday, January 30, 2023

Biden to end COVID emergency declarations on May 11Biden to end COVID emergency declarations on May 11Biden to end COVID emergency declarations on May 11

Biden to end COVID emergency declarations on May 11

Ending the national emergency and public health emergency declarations would formally restructure the federal response to treat the virus as an endemic threat.



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Kaufman Hall: Hospital financial pressures may be easingKaufman Hall: Hospital financial pressures may be easingKaufman Hall: Hospital financial pressures may be easing

Kaufman Hall: Hospital financial pressures may be easing

While the median hospital margin declined 39% from 2021 to 2022, labor expense pressure softened and inpatient volumes improved in December, raising hopes for 2023.



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CMS finalizes RADV rule, leave MA plans on the hook for billionsCMS finalizes RADV rule, leave MA plans on the hook for billionsCMS finalizes RADV rule, leave MA plans on the hook for billions

CMS finalizes RADV rule, leave MA plans on the hook for billions

The insurance industry has hinted at litigation against the rule, which aims to reclaim overpayments to Medicare Advantage carriers.



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Cigna files noncompete suit against former exec, CVS HealthCigna files noncompete suit against former exec, CVS HealthCigna files noncompete suit against former exec, CVS Health

Cigna files noncompete suit against former exec, CVS Health

Cigna alleges Amy Bricker violated a noncompete agreement by joining CVS Health this month. The Federal Trade Commission is considering a ban on these clauses.



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Nanotech startup brings new approach to cancer vaccineNanotech startup brings new approach to cancer vaccineNanotech startup brings new approach to cancer vaccine

Nanotech startup brings new approach to cancer vaccine

Nanotech entrepreneur Chad Mirkin, co-founder of Flashpoint Therapeutics, says the proper structure can transform cancer vaccines from ineffective to curative.



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COVID-19 still an emergency but approaching 'inflexion point,' WHO saysCOVID-19 still an emergency but approaching 'inflexion point,' WHO saysCOVID-19 still an emergency but approaching 'inflexion point,' WHO says

COVID-19 still an emergency but approaching 'inflexion point,' WHO says

WHO chief Tedros Adhanom Ghebreyesus said he hopes 2023 will bring a "new phase in which we reduce hospitalizations and deaths to the lowest possible level."



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