The Latest

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  Healthcare payments firm Waystar plans $1B IPO

  The digital health IPO market has stagnated in recent years, but a successful listing by Waystar could help break the ice, one expert said. 

  Health IT

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  Minnesota’s Medicaid program to block for-profit insurers from participation

  The ban initially only affects UnitedHealthcare, which is the sole for-profit managed care organization with a Medicaid contract in the state.

  Payer

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  Veradigm exploring sale, names new interim CEO

  The healthcare technology company was delisted from Nasdaq this year after failing to file timely financial reports for months.

  Health IT

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  Otsuka defies digital health downturn with new company

  With “no playbook out there” to fall back on, the new company is taking a long-term approach as it develops its portfolio, an Otsuka Precision Health executive told MedTech Dive.

  Health IT

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  House committee takes aim at healthcare consolidation, eyes site-neutral payments

  Equalizing Medicare payment between sites of service to cut down on provider consolidation is a “no brainer,” one witness testified during the hearing.

  Hospitals

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  Nursing homes sue to block HHS staffing mandate

  The plaintiffs slammed the rule as an overreach of authority that creates an “onerous and unachievable” mandate.

  Government

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  Express Scripts’ new partnership is an olive branch to independent pharmacies

  Cigna’s massive pharmacy benefit manager has unveiled a new collaboration with a network of independent pharmacies at a time of rising tension between PBMs and the pharmacies they pay.

  Payer

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  Tufts Medicine lays off workers — again

  The struggling health system continues to cut roles as it struggles to chart a path to financial health.

  Hospitals

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  More than a third of healthcare organizations aren’t prepared for cyberattacks: report

  Thirty-seven percent of healthcare organizations did not have a cyberattack contingency plan in place, despite half having experienced an attack, according to a new survey from Software Advice.

  Health IT

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  Latest 340B ruling delivers blow to providers

  Drugmakers are allowed to impose conditions on which pharmacies they dispense discounted drugs to in the 340B program, according to an appellate court.

  Hospitals

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  Opinion

  Nearly 20% of donated organs go unused — here’s how we can fix it and honor donors

  The medical community needs to take “smart risks” to maximize organ donation use, according to the president of the Association of Organ Procurement Organizations.

  Updated May 24, 2024

  Medical Groups

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  Medicare adviser sets recommendations for diabetes device evidence

  The panel found time in range was an “extremely important” metric, but members were divided on whether quality of life measures should influence coverage.

  Payer

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  UnitedHealth’s Optum Rx unveils new drug pricing model

  Major pharmacy benefit managers are rolling out a flurry of ostensibly transparent and cost-effective models to retain clients and placate scrutiny over their role in rising drug costs.

  Payer

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  FDA seeks AI tech to predict, detect Parkinson’s symptoms

  By testing artificial intelligence and machine learning models, the agency hopes to come up with best practices for Parkinson’s measures from wearables and smartphones.

  Government

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  Overturning of Roe v. Wade

  New online portal allows patients to report potential EMTALA violations

  The federal government and states have sparred over whether providers must cover emergency abortion services since Roe v. Wade was overturned in 2022.

  Government

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  Chicago children’s hospital completes cyberattack recovery

  Lurie Children’s Hospital has finished reactivating patient-facing systems, nearly four months after the provider first reported a network outage.

  Updated May 21, 2024

  Hospitals

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  Providence posts $360M net income in first quarter, rebounding from years of losses

  The nonprofit operator attributed the gain to increased admissions and improved reimbursement rates from payers.

  Hospitals

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  Tracker

  Tracking healthcare data breaches

  Another data breach at a Texas primary care provider may have exposed the information of 400,000 patients — the second breach at the clinic chain in the past year.

  Updated May 28, 2024

  Hospitals

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  Change Healthcare cyberattack

  Providers urge HHS to clarify Change data breach reporting requirements

  More than 50 provider groups are asking the federal government to publicly state that UnitedHealth should handle data breach reporting stemming from the cyberattack on its subsidiary.

  Health IT

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  HHS agency launches program to automate cybersecurity at hospitals

  The program will invest more than $50 million to create a software suite that can automatically find potential vulnerabilities that hackers could exploit and deploy fixes.

  Hospitals

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  Tracking Steward's decline

  Steward lays out timeline for asset sales

  Steward aims to sell its physician group and most of its hospitals by July, according to court filings. If it can’t find qualified buyers, hospitals may close.

  Hospitals

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  Senate Finance Committee tackles Medicare physician pay reform

  On Friday, the committee released a white paper proposing Medicare adjust doctor reimbursement to account for inflation, a key goal for physician lobbies.

  Payer

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  Epic continued to outstrip EHR competitors in 2023: report

  Epic was the only vendor to see a net increase in acute care market share last year, while Oracle Health saw its largest net hospital loss on record, according to Klas Research.

  Hospitals

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  Cleveland Clinic names new CIO

  Sarah Hatchett, who has been serving as interim chief information officer, officially assumed the role on Thursday.

  Hospitals

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  Kaiser nixes planned $500M Seattle med tower build, looks to sell property

  The nonprofit giant has recently opted to focus capital spending in its largest market: California.

  Hospitals

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