Friday, April 7, 2023

Texas federal judge halts FDA approval of abortion pill mifepristoneTexas federal judge halts FDA approval of abortion pill mifepristoneTexas federal judge halts FDA approval of abortion pill mifepristone

Texas federal judge halts FDA approval of abortion pill mifepristone

There is essentially no precedent for a lone judge overruling the medical decisions of the Food and Drug Administration.



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Nearly 40% of Michigan hospital nurses want to quit within a year: surveyNearly 40% of Michigan hospital nurses want to quit within a year: surveyNearly 40% of Michigan hospital nurses want to quit within a year: survey

Nearly 40% of Michigan hospital nurses want to quit within a year: survey

New University of Michigan survey data show that the rate at which nurses plan to leave the profession has risen sharply statewide.



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Recent layoffs raise questions on industry's job opportunitiesRecent layoffs raise questions on industry's job opportunitiesRecent layoffs raise questions on industry's job opportunities

Recent layoffs raise questions on industry's job opportunities

Employment in the overall healthcare sector was up 3.8% year-over-year in the first quarter, according to preliminary data from the Labor Department's Bureau of Labor Statistics.



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Pear Therapeutics files for Chapter 11 bankruptcy, lay off most of staffPear Therapeutics files for Chapter 11 bankruptcy, lay off most of staffPear Therapeutics files for Chapter 11 bankruptcy, lay off most of staff

Pear Therapeutics files for Chapter 11 bankruptcy, lay off most of staff

In its bankruptcy petition, Pear said it had $65.5 million in assets against $51 million of debt.



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High inflation and housing costs forcing many Americans to delay careHigh inflation and housing costs forcing many Americans to delay careHigh inflation and housing costs forcing many Americans to delay care

High inflation and housing costs forcing many Americans to delay care

A recent Gallup Poll suggests Americans are putting off medical care because of costs due to inflation and rising rents.



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Digital mental health startups scramble as in-person visit rule loomsDigital mental health startups scramble as in-person visit rule loomsDigital mental health startups scramble as in-person visit rule looms

Digital mental health startups scramble as in-person visit rule looms

Virtual behavioral health startups such as Bicycle Health, Done, Ophelia Health and ReKlame Health must adapt to pending federal limits on prescribing drugs.



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Thursday, April 6, 2023

The market opportunity behind Medicaid redeterminationsThe market opportunity behind Medicaid redeterminationsThe market opportunity behind Medicaid redeterminations

The market opportunity behind Medicaid redeterminations

States are spending big on staffing, technology and consulting firms such as Maximus and Automated Health Systems for support during Medicaid redeterminations.



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Ex-Cano Health board members attempt to regain control of companyEx-Cano Health board members attempt to regain control of companyEx-Cano Health board members attempt to regain control of company

Ex-Cano Health board members attempt to regain control of company

Cano Health's shares have gone up in the past week as three of its recently resigned board members try to takeover the company.



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Unwinding California’s Medicaid contracts with Walgreens won’t be easy thanks to federal lawUnwinding California’s Medicaid contracts with Walgreens won’t be easy thanks to federal lawUnwinding California’s Medicaid contracts with Walgreens won’t be easy thanks to federal law

Unwinding California’s Medicaid contracts with Walgreens won’t be easy thanks to federal law

Gov. Gavin Newsom is having trouble following through on his Twitter declaration that the state would cut ties with Walgreens over its abortion pill policy.



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Outcome Health fraud trial goes to juryOutcome Health fraud trial goes to juryOutcome Health fraud trial goes to jury

Outcome Health fraud trial goes to jury

Co-founders Rishi Shah and Shradha Agarwal and former Chief Financial Officer Brad Purdy are charged with multiple counts of fraud.



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Wednesday, April 5, 2023

Medicare Advantage, Part D final rule takes aim at insurersMedicare Advantage, Part D final rule takes aim at insurersMedicare Advantage, Part D final rule takes aim at insurers

Medicare Advantage, Part D final rule takes aim at insurers

President Joe Biden's administration is taking steps to more tightly control health insurance company practices under Medicare Advantage and Medicare Part D.



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Chicago-based Stroger Hospital names next chief executiveChicago-based Stroger Hospital names next chief executiveChicago-based Stroger Hospital names next chief executive

Chicago-based Stroger Hospital names next chief executive

Donnica Austin-Cathey comes to the city’s largest public hospital from safety-net health system Sinai Health. 



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Tuesday, April 4, 2023

Skilled nursing and psychiatric facilities could see payment bump: CMSSkilled nursing and psychiatric facilities could see payment bump: CMSSkilled nursing and psychiatric facilities could see payment bump: CMS

Skilled nursing and psychiatric facilities could see payment bump: CMS

The Centers for Medicare and Medicaid Services also pledged that a regulation setting nursing home staffing minimums is imminent.



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Reports of serious adverse events rose in 2022: Joint CommissionReports of serious adverse events rose in 2022: Joint CommissionReports of serious adverse events rose in 2022: Joint Commission

Reports of serious adverse events rose in 2022: Joint Commission

Providers reported a record number of sentinel events to the Joint Commission in 2022, about one-fifth of which were associated with fatalities.



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Defense attorney claims Outcome Health fraud trial is all about intentDefense attorney claims Outcome Health fraud trial is all about intentDefense attorney claims Outcome Health fraud trial is all about intent

Defense attorney claims Outcome Health fraud trial is all about intent

"This case is about state of mind," says the lawyer for Outcome Health ex-COO Brad Purdy. "Have they proven beyond a reasonable doubt the intent to defraud somebody?'



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6 biggest digital health funding deals that carried Q16 biggest digital health funding deals that carried Q16 biggest digital health funding deals that carried Q1

6 biggest digital health funding deals that carried Q1

Throughout the first three months of 2023, digital health companies received $3.4 billion in funding, a big drop from the past two years' totals.



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Medicaid redeterminations are here, with 15M people at riskMedicaid redeterminations are here, with 15M people at riskMedicaid redeterminations are here, with 15M people at risk

Medicaid redeterminations are here, with 15M people at risk

Insurers, providers and regulators face huge challenges trimming the Medicaid rolls without leaving people behind.



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Monday, April 3, 2023

Michigan Medicine acquires Sparrow Health in $800M dealMichigan Medicine acquires Sparrow Health in $800M dealMichigan Medicine acquires Sparrow Health in $800M deal

Michigan Medicine acquires Sparrow Health in $800M deal

The combined health system is now a $7 billion health system that operates more than 200 locations.



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Rural hospital mergers a double-edged sword: studyRural hospital mergers a double-edged sword: studyRural hospital mergers a double-edged sword: study

Rural hospital mergers a double-edged sword: study

Seventeen percent of unprofitable rural hospitals merged with another organization while 7% closed from 2010 to 2018.



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More state lawmakers push to end 'exorbitant' contract labor prices More state lawmakers push to end 'exorbitant' contract labor prices More state lawmakers push to end 'exorbitant' contract labor prices

More state lawmakers push to end 'exorbitant' contract labor prices

The American Hospital Association estimates the hourly rates staffing agencies charged hospitals grew 213% from January 2019 to January 2022.



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States crack down on facility fees charges to telehealth, clinic patientsStates crack down on facility fees charges to telehealth, clinic patientsStates crack down on facility fees charges to telehealth, clinic patients

States crack down on facility fees charges to telehealth, clinic patients

Hospital facility fees pay for staff and overhead expenses, but eight states agree such charges are questionable and are moving to clamp down on the charges.



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Amwell CEO on economic challenges, CVS Health partnershipAmwell CEO on economic challenges, CVS Health partnershipAmwell CEO on economic challenges, CVS Health partnership

Amwell CEO on economic challenges, CVS Health partnership

Amwell CEO Roy Schoenberg spoke about the company's path to profitability and how it is a "cog in the wheel" with its CVS Health partnership. 



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Community health workers can reduce costs, but face funding hurdlesCommunity health workers can reduce costs, but face funding hurdlesCommunity health workers can reduce costs, but face funding hurdles

Community health workers can reduce costs, but face funding hurdles

A growing number of states are using their Medicaid programs to more consistently pay for community health workers, who can help patients navigate services.



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