The smart Trick of Healthcare News That Nobody is Discussing
The smart Trick of Healthcare News That Nobody is Discussing
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De la Torre requested to postpone his testimony until finally right after federal personal bankruptcy proceedings end. His legal professionals explained The manager did not want to be party to a “pseudo legal proceeding.”
Elevance lowers assistance on ‘unparalleled’ Medicaid issues Executives said the increased expenses pressuring its Medicaid organization would strengthen immediately after states up to date payment prices to better match member acuity.
The lenders have supplied about $575 million in money for Steward throughout the individual bankruptcy procedure and gave Steward $25 million as not long ago as final 7 days, In keeping with testimony from their legal professional, Michael Rate.
Epic hit with antitrust lawsuit by data startup Particle Well being Particle alleges Digital well being file seller Epic used its place as being a “monopolist” to circumvent Level of competition inside the payer current market.
Other specials are still far from closing. Sale hearings for Arizona are adjourned to your later on day and hearings for Arkansas and Louisiana — which have been slotted for Sept. 4 — have been once again postponed to Sept. 10.
In Trade for funds, Steward promised its hospitals as collateral. Rate told the court the Massachusetts offer undercuts the lenders’ capability to protected their personal loan.
Top healthcare conferences to strategy for in 2025 Here's noteworthy occasions clinic, payer and tech executives should really contemplate attending following year, operating the gamut from digital overall health to money administration to healthcare innovation.
FTC sues big pharmacy advantage managers over insulin prices The company introduced action from Caremark, Convey Scripts and Optum Rx, arguing their “anticompetitive and unfair” rebating techniques “artificially inflated” the record price of lifetime-preserving insulin medications.
Deep Dive // Transform Healthcare cyberattack Alter cyberattack serves as wake-up call for healthcare cybersecurity The outage reveals why wellness devices need to program for inescapable cyberattacks, assessing pitfalls and Placing operational backups in position, authorities say.
The approach can help the federal authorities prioritize sources, coordinate initiatives throughout agencies, highlight priorities on the non-public sector and evaluate development on overall health IT initiatives after some time, based on the ONC. The general public comment period to the draft approach ends Might 28.
On the other hand, the sale was much from the win with the bankrupt physician-owned community. Facts from an website incendiary letter penned by Steward CEO Ralph de la Torre, initially released by the Boston World on Wednesday, threatened to overshadow the offer closure fully.
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Software program overload could Enhance electronic health M&A Purchasers of electronic wellbeing solutions are confused with place answers, which could speed up merger and acquisition action in a very slowed funding environment, industry experts say.
Boosting cybersecurity and preparedness while in the healthcare sector not too long ago has become a priority with the HHS. Earlier this year, the agency released voluntary cybersecurity aims with the marketplace, with designs to at some point suggest enforceable requirements.