Friday, May 6, 2022

Kaiser Permanente posts $961 million net loss in Q1Kaiser Permanente posts $961 million net loss in Q1Kaiser Permanente posts $961 million net loss in Q1

Kaiser Permanente posts $961 million net loss in Q1

A 9.5% year-over-year increase in operating expenses and investment losses diluted Kaiser's balance sheet.



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FDA's limitations on J&J vaccine haven't disrupted providersFDA's limitations on J&J vaccine haven't disrupted providersFDA's limitations on J&J vaccine haven't disrupted providers

FDA's limitations on J&J vaccine haven't disrupted providers

The FDA scaled back the use of the J&J vaccine because it caused a rare blood clotting disorder.



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Insurance must cover cancer biomarker tests in new Arizona lawInsurance must cover cancer biomarker tests in new Arizona lawInsurance must cover cancer biomarker tests in new Arizona law

Insurance must cover cancer biomarker tests in new Arizona law

A bill signed into law by Arizona Gov. Doug Ducey on Friday requires health insurers and the state's Medicaid plan to pay for so-called “biomarker tests” that are needed for many modern cancer treatments.



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Thursday, May 5, 2022

Allscripts CEO Paul Black is stepping down after 10 yearsAllscripts CEO Paul Black is stepping down after 10 yearsAllscripts CEO Paul Black is stepping down after 10 years

Allscripts CEO Paul Black is stepping down after 10 years

Allscripts' president Rick Poulton, who also joined the company in 2012, will take over as CEO.



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Health insurers can roll with a Roe reversalHealth insurers can roll with a Roe reversalHealth insurers can roll with a Roe reversal

Health insurers can roll with a Roe reversal

New restrictions on abortion in various states wouldn't be too cumbersome or costly for Blue Cross parent HCSC or other health plan providers.



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Hospitals see growing financial impact from 340B discount restrictionsHospitals see growing financial impact from 340B discount restrictionsHospitals see growing financial impact from 340B discount restrictions

Hospitals see growing financial impact from 340B discount restrictions

Hospitals expect median annual losses of $2.2 million due pharmaceutical companies limiting 340B drug discounts, according to a survey.



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COVID coverage for all dries up even as hospital costs riseCOVID coverage for all dries up even as hospital costs riseCOVID coverage for all dries up even as hospital costs rise

COVID coverage for all dries up even as hospital costs rise

Safety-net hospitals and clinics are seeing sharply higher costs for salaries and other basic operating expenses. They fear they won’t be prepared if there’s another surge and no backstop.



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Cigna launches digital cancer consult serviceCigna launches digital cancer consult serviceCigna launches digital cancer consult service

Cigna launches digital cancer consult service

The service will be expanded to include more customers of both Cigna and its Evernorth eviCore analytics platform.



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Wednesday, May 4, 2022

WHO: COVID continues to decline, except in Americas, AfricaWHO: COVID continues to decline, except in Americas, AfricaWHO: COVID continues to decline, except in Americas, Africa

WHO: COVID continues to decline, except in Americas, Africa

“The jury is still out as to how seasonal this virus will become,” WHO emergencies chief Dr. Michael Ryan said, explaining that it wasn’t proven yet that COVID-19 would naturally drop off in the summer and that the world could yet face more unsettling variants.



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Nurse, dentist, doctors, charged with drug distributionNurse, dentist, doctors, charged with drug distributionNurse, dentist, doctors, charged with drug distribution

Nurse, dentist, doctors, charged with drug distribution

Fourteen defendants were accused of crimes including illegally obtaining painkillers for personal use, unnecessarily prescribing painkillers to obtain Medicare and Medicaid payments, and filling out prescriptions in the names of current and former hospice patients, the government said.



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