The Latest
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Providers, drugmakers at odds over new 340B dispute resolution process
PhRMA said the new rule “panders to 340B hospitals,” while the American Hospital Association and 340B Health said the rule would preserve the drug discount program’s integrity.
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CHS to sell Tennessee hospital for $160M
CEO Tim Hingtgen told investors in February that divestitures could yield more than $1 billion for the hospital operator.
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Novant, CHS fire back after FTC sues to block North Carolina hospital sale
The health systems resisted regulators’ allegations that the deal would stifle competition in the Charlotte area.
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Tracker
Tracking healthcare data breaches
A data breach at a dental care provider may have exposed the information of more than 618,000 people.
Updated April 18, 2024 -
Elevance notches $2.3B in profit, unfazed by Change attack
The insurer says it has caught up on claims delayed due to the cyberattack on the clearinghouse earlier this year, and shared more details on a new primary care venture with a private equity firm.
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Telehealth linked to modest quality, cost increases, study finds
The findings suggest it would be challenging to restrict telehealth payment in Medicare, researchers said. Some pandemic flexibilities are set to expire at the end of 2024.
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Q&A // Change Healthcare cyberattack
The aftermath of Change: Two experts on how healthcare organizations can prevent the next cyberattack
Providers should form a cyber strategy involving incident response plans, testing, multifactor authentication and automating tasks, according to managing directors at NetSPI.
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Envision Healthcare names permanent CEO
Jason Owen took on the leadership role this week, months after the physician staffing firm emerged from bankruptcy restructuring.
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Change Healthcare cyberattack
Lawmakers raise healthcare consolidation concerns after Change cyberattack
Legislators also slammed UnitedHealth Group, which acquired Change Healthcare nearly two years ago, for not sending a representative to the House subcommittee hearing.
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Deep Dive // Tracking Steward's decline
Steward bankruptcy likely as massive debt remains, with few options left
Steward Health Care’s forbearance period ends in less than 15 days. Analysts say this time, creditors are unlikely to extend the embattled company another lifeline.
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Over 20% of healthcare bankruptcies last year were linked to private equity: report
Another wave of private equity-backed bankruptcies is expected this year, according to the Private Equity Stakeholder Project.
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ACOs led by independent physicians save Medicare āsubstantiallyā more money, CBO says
Independent practices have clearer financial incentives to lower medical spending than hospitals participating in accountable care organizations, according to the Congressional Budget Office.
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Change Healthcare cyberattack
UnitedHealth expects up to $1.6B hit from Change cyberattack this year
Investors on Tuesday got a clearer picture of the cyberattack's financial fallout on the healthcare juggernaut. Some said it wasn't as bad as they'd feared.
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Cybersecurity takes center stage at AHA annual meeting
In the wake of the Change Healthcare attack, experts advised hospital leaders to increase their cyber defenses.
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Elevance partners with private equity firm on primary care
The payer has inked a deal with Clayton, Dubilier and Rice to join their primary care assets as Elevance looks to catch up with peers like UnitedHealth and CVS in care delivery.
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Telehealth company Cerebral to pay $7M fine over data sharing
The Federal Trade Commission alleged the digital mental healthcare company had provided sensitive data to third parties and maintained “sloppy” security practices.
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Florida issues Medicaid managed care awards booting out UnitedHealth, CVS and Molina
Meanwhile, Centene, Elevance and Humana held onto statewide contracts. The reprocurement was especially positive for Centene, which had been expected to lose market share, analysts said.
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VillageMD faces lawsuit over online tracking technologies
The class action alleges the Meta Pixel embedded on VillageMD’s website allowed the primary care provider to disclose protected health information to third parties, including Facebook and Google.
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VA plans to resume Oracle EHR rollout by end of FY 2025, secretary says
The agency needs a single electronic health record that’s more interoperable with the Department of Defense, VA Secretary Denis McDonough told lawmakers.
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Medical Properties Trust selling spree continues, Utah deal closes
The deal is expected to generate approximately $1.1 billion in in cash for the liquidity-strapped hospital landlord.
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Opinion
No appointments available: Americaās escalating primary care shortage
Chronic disinvestment and inadequate training have created a shortage of primary care workers, according to leaders at the Milbank Memorial Fund, National Association of Community Health Centers and others.
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Medicaid redeterminations
More than 20M disenrolled amid Medicaid redeterminations
Nearly a quarter of adults removed from the safety-net program since early last year said they are uninsured, according to KFF.
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More than three-fourths of doctors are employed by corporations, report finds
Rampant consolidation continues to threaten the existence of independent physicians, according to a new report from Avalere and the Physicians Advocacy Institute.
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Tracking Steward's decline
Steward buy could add 3,000 doctors to Optumās physician network, regulator says
There’s a long way to go before the highly anticipated deal can close, as parties have yet to file the paperwork required to kick off Massachusetts' antitrust review process, a regulator said yesterday.
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US sues Regeneron, alleging false price reporting on Eylea
The Department of Justice accused Regeneron of defrauding Medicare by knowingly inflating the average sales price for its top-selling eye drug.