The Latest
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ONC to provide grants for AI, behavioral health projects
The agency seeks projects that evaluate and improve healthcare data used by AI and accelerate the use of health IT products among mental healthcare providers.
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Sponsored by CHG Healthcare ServicesTrends in telehealth: Integrating physicians into virtual care
Many physicians are interested in working in telehealth, whether it’s part-time, full-time or gig work. Here are the factors to consider when integrating physicians into a virtual care program.
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Humana CEO Bruce Broussard to depart July 1
At that time, current Chief Operating Officer Jim Rechtin will take the reins of the health insurer, which is struggling with challenges in Medicare Advantage.
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Kaiser rides completed Geisinger acquisition to $7.4B income in Q1
However, the nonprofit provider and health plan warned subsequent quarters may be less profitable as expenses are projected to climb.
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Inpatient admissions lift for-profit providers’ revenue during Q1
Despite an “unusual” rise in inpatient volumes, executives at most of the leading for-profit health systems said they remain focused on outpatient investments.
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US hikes tariffs on medical products from China
The rate hikes focus on areas where the Biden administration has sought to boost domestic production, such as medical supplies that were essential to the COVID-19 pandemic response.
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Hospitals charged employers and insurers 254% more than Medicare in 2022: study
Hospitals with larger market shares were among the worst offenders, the Rand Corporation found.
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Deep DiveMedicare Advantage unrest, Change Healthcare fallout and more big takeaways from insurers’ Q1
All major payers saw elevated utilization but only an unprepared few struggled with the trend, the Change Healthcare cyberattack caused minimal financial fallout and a new D-SNP rule opens the door to a Medicare growth opportunity.
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Black Basta ransomware is toying with critical infrastructure providers, authorities say
The threat group has impacted more than 500 targets worldwide, including those in healthcare.
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Ascension confirms ransomware attack as systems remain down
The major nonprofit does not yet have a timeline for restoring its computer systems, which were taken offline following the attack last week.
Updated May 13, 2024 -
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CHS sues MultiPlan for allegedly colluding to lower provider reimbursement
It’s the third lawsuit filed against MultiPlan by a health system in under a year.
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AI could help assess patient acuity in emergency departments: study
When given pairs of patient histories, a large language model could identify which patient needed to be seen more urgently with 89% accuracy.
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Illustration: Xavier Lalanne-Tauzia for Industry Dive
Steward’s landlord Medical Properties Trust posts $736M loss as hospitals flounder
The real estate investment trust reported nearly $700 million in impairments related to Steward alone in the first quarter. However, executives said rental agreements are not what drove the troubled health system to bankruptcy.
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CMS proposes mandatory kidney care model with financial risk for hospitals
The model, if finalized, will test whether putting hospitals on the hook for kidney transplant access and quality might improve the nation’s shoddy system of organ procurement and transplantation.
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Courtesy of The Vitamin Shoppe
The Vitamin Shoppe launches telehealth service
Whole Health Rx connects users with licensed healthcare providers in real time and will initially focus on weight management solutions.
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Ascension hit by cybersecurity incident affecting clinical operations
The major nonprofit health system detected “unusual activity” on some network systems Wednesday.
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House committee advances bill that would extend telehealth flexibilities
The legislation would extend some Medicare flexibilities through 2026. Lawmakers have until year-end to take action before the pandemic-era rules expire.
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Tracking Steward's declineSteward’s financing, hospital sales take center stage during bankruptcy hearing
During its first bankruptcy hearing, Steward's attorney lamented delays to its physician group deal and warned the timeline for hospital sales was “not feasible.”
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AstraZeneca withdraws COVID-19 vaccine, citing declining demand
The move ends a turbulent saga for AstraZeneca, which successfully developed a coronavirus shot but struggled to sell it amid competition and the emergence of rare but serious side effects.
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Private equity investing in healthcare continues to slow
Heightened antitrust scrutiny from state governments and regulators in Washington is having a chilling effect on deals, according to PitchBook analysts.
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Yale New Haven sues to get out of Prospect hospital acquisition
Yale says Prospect allowed the conditions at three Connecticut hospitals — which it agreed to acquire in 2022 — to deteriorate. Prospect argues the lawsuit is an “11th hour attempt” to back out of the deal.
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Tracking Steward's declineSteward’s bankruptcy documents reveal sprawling debt, planned hospital fire sale
Since filing for bankruptcy Monday, Steward Health Care revealed it's carrying more than $1 billion in debt and said its entire hospital portfolio is for sale.
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MA health assessments contribute to inflated coding intensity: study
Some limits on how the assessments are used might be justified to ensure Medicare Advantage plans aren’t overpaid, researchers wrote.
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Tracking Steward's declineSteward Health Care files for Chapter 11 bankruptcy
The filing marks the largest provider bankruptcy in decades, according to experts.
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Change Healthcare cyberattackChange Healthcare cyberattack: 5 technical takeaways from UnitedHealth CEO’s testimony
Change Healthcare was running on legacy technology, which magnified the ransomware attack’s impact and hampered recovery efforts, Andrew Witty said.
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Medicare go-broke date extended to 2036, but warning bells continue ringing
The Medicare trustees’ new projection for insolvency is five years later than previous forecasts, but budget hawks warned action is still needed to shore up the insurance program’s finances.
