Data breach at Yale New Haven Health impacts 5.6M people
It’s the largest healthcare breach reported to federal regulators so far this year.
‘I lose sleep over this case’: Prospect cleared to close Crozer Health
A bankruptcy judge approved Prospect Medical Holdings’ plan to close Crozer Health on Tuesday, despite concerns from county officials and nurses about care access.
CMS may be angling to reform Medicaid state directed payments
A new regulation pending in front of the Office of Management and Budget suggests the Trump administration may be moving to overhaul the controversial financing mechanism.
Veradigm interim CEO to leave company
Tom Langan will step down from his role on July 31, a little more than a year after he assumed the interim chief executive role. It’s another leadership shakeup for the health IT firm.
Walgreens to pay up to $350M in DOJ opioid settlement
The Justice Department alleged the pharmacy chain knowingly provided prescriptions for large amounts of opioids, filled prescriptions early and completed prescriptions for dangerous combinations of drugs.
Providence freezes nonclinical hiring amid financial ‘perfect storm’
“We were on track to finally break even this year. But just as we were nearing that goal, the external economic conditions in 2025 took a sudden turn,” CEO Erik Wexler said in a memo to staff.
Elevance brushes off fears of spiking Medicare Advantage costs
Investors balked last week after UnitedHealth reported first-quarter MA utilization grew at twice its expected rate. Yet Elevance said spending was in line with expectations, a development one analyst called surprising.
Healthcare AI adoption accelerates, but few pilots reach implementation: report
Healthcare leaders are excited about AI, but projects are often held up by security, data and other challenges, according to analysis by Bessemer Venture Partners, Amazon Web Services and Bain & Company.
Arkansas passes law banning PBMs from owning pharmacies
The law in particular will affect CVS and UnitedHealth, both of which operate physical pharmacies in the state along with specialty and mail-order pharmacy businesses.
Dr. Oz sworn in as CMS administrator
During a ceremony at the Oval Office, Dr. Mehmet Oz said he would focus on reducing chronic disease, “modernizing” Medicare and Medicaid, and targeting fraud, waste and abuse in government insurance offerings.