De la Torre asked to postpone his testimony till after federal bankruptcy proceedings stop. His attorneys mentioned the executive didn't wish to be party to the “pseudo prison proceeding.”
Earlier this summer months, the business held prolonged negotiations with Steward around how you can allocate proceeds from product sales concerning medical center functions and real estate.
Medicaid overtakes Medicare Gain as wellness insurers’ bogeyman in Q2 Regardless of difficulties in Medicaid and MA, significant insurers however posted large earnings in the 2nd quarter — lots of aided by overall health products and services divisions.
Epic hit with antitrust lawsuit by data startup Particle Wellness Particle alleges electronic wellness history seller Epic utilized its place as being a “monopolist” to prevent Levels of competition in the payer market place.
Vendors say promises denials are growing: study Virtually three in 4 suppliers surveyed by Experian Health said the number of claims denied by payers shot up between 2022 and 2024.
Although the intent is nice, many hospitals are presently working on trim margins — Primarily rural services that have to have to remain running to maintain use of care from the communities they provide, claimed DiME’s Goldsack.
The Commonwealth has presently place in an unbelievable amount of money to even get us to this point and [I’m] not subjecting [the hospitals] to challenges even though you'll find real men and women sitting down in beds right this moment.”
An short article from Dive Quick CVS Well being slashes infusion providers choices, blaming sector headwinds CVS Well being will cease providing quite a few infusion companies and close or provide 29 pharmacies in the approaching months, a spokesperson mentioned.
The plan, developed with more than twenty five federal companies, features a heightened emphasis in parts like synthetic intelligence, general public overall health and health and fitness equity, officials reported inside a web site publish.
Also, insurers are purchasing mental health and fitness and substance use dysfunction products and services to suppress expenses, and will shift faraway from position-options towards built-in Advantages platforms.
Cyberattacks initially centered on larger healthcare devices, but smaller companies and enterprise associates Healthcare News at the moment are targets, said Amy Magnano, husband or wife at legislation organization Morgan Lewis. Attackers have gotten a lot more refined as well, using AI and machine Finding out instruments to hone their strikes, which include crafting additional persuasive phishing e-mails.
Listen to the post 8 min This audio is auto-produced. You should let's know In case you have comments. Steward Well being Treatment obtained court acceptance to sell 6 of its Massachusetts hospitals for an mixture cost of $343 million in the course of a contentious Listening to Wednesday, properly exiting functions while in the state.
Hospitals, inching toward sustained profitability, will divest from beneath-undertaking and dear assistance traces in 2024 even though raising investments in ambulatory treatment companies. Providers will also build expand-your-very own nursing applications in a bid to increase recruitment.
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