Geisinger to spend $880M on medical center expansion
The project is the latest of several expansions for the Pennsylvania-based health system.
Private equity-backed providers represent less than 4% of U.S. market: PitchBook
Despite the swell of political and media attention to private equity’s role in healthcare, PitchBook reports investment growth in providers has slowed.
House committee tells FDA to suspend lab developed test rule
Lawmakers said the final rule carries “the risk of greatly altering the United States’ laboratory testing infrastructure.”
Chicago children’s hospital faces class action suits after cyberattack
Multiple lawsuits were filed last week after Lurie Children’s Hospital reported a cyberattack earlier this year may have exposed data of more than 775,000 people.
Federal Trade Commission to sue three largest PBMs: WSJ
Antitrust regulators are poised to file suit against CVS Caremark, Express Scripts and Optum Rx over how they negotiate discounts for drugs, including insulin, according to the report.
Digital health funding shows improvement in 2024: Rock Health
U.S. digital health startups have raised $5.7 billion across 266 deals so far this year, putting the sector on track to possibly exceed recent full-year funding totals.
CMS proposes 2.9% cut to physician pay for 2025
Regulators said Medicare’s budget neutrality requirement is to blame for the reduction, which was quickly decried by provider groups. However, it’s likely Congress will step in to mitigate the drop.
The Ortho Show delivers: Inspiration and motivation from Olympic legend Mike Eruzione
Mike Eruzione, captain of the 1980 U.S. Olympic Hockey Team, shares his inspiring journey from the “Miracle on Ice” to his current roles in motivational speaking and philanthropy. Hear his firsthand account of postponing knee replacement, offering valuable insights into advanced orthopedic treatments.
Judge pauses CMS rule capping compensation for Medicare Advantage brokers
Texas Judge Reed O’Connor’s decision suggests he could overturn at least part of the rule, which is meant to curb predatory plan marketing to seniors.
Steward Health Care under federal investigation for fraud and corruption
The Department of Justice investigation follows a multi-year international probe into Steward’s deal to improve three hospitals in Malta.