She noted the gross sales will defend A huge number of jobs and forestall medical center closures. The discounts were also supported via the Massachusetts govt, that has presented Steward a complete of $seventy two million in crisis funding to go over healthcare facility operations all through August and September.

Elevance lowers direction on ‘unparalleled’ Medicaid troubles Executives reported the increased expenses pressuring its Medicaid enterprise would increase immediately after states up-to-date payment fees to raised match member acuity.

 The lenders have offered about $575 million in resources for Steward all through the bankruptcy process and gave Steward $twenty five million as just lately as last 7 days, In line with testimony from their attorney, Michael Price.

Teladoc COO to depart at calendar year finish Mike Waters’ resignation follows other leadership adjustments for the telehealth seller, such as the departure of Teladoc’s previous CEO this spring.

Final thirty day period, CVS Well being said it would layoff two,900 staff members amid a multibillion greenback Value saving initiative. The business might be exploring breaking up its insurance and retail businesses, according to media stories.

4 measures to reduce the specter of legacy professional medical equipment More mature professional medical devices with unsupported computer software pose cybersecurity threats that regulators and market are having difficulties to resolve. Allow me to share 4 methods professionals say can assist mitigate pitfalls.

Artificial intelligence Amid mounting interest and financial commitment inside the space, It can be very clear AI’s programs in healthcare will only go on to grow.

In 2024, there might be a lot less buzz and cash flowing into the space as builders drinking water the seeds they planted final year, reported Vive’s Cheng.

Impression Cybersecurity in healthcare: How hackers get in And the way organizations can shield them selves A cybersecurity pro clarifies why healthcare businesses are at risk of cyberattacks — and how they can improve their defenses. 

Getting ready for the long run: Healthcare facility local climate resilience programs challenged by Charge, uncertainty As Extraordinary weather activities due to local climate alter ramp up in frequency, hospitals are battling fiscal and facts worries in disaster preparing.

Meanwhile, cybersecurity concerns threaten all corners with the healthcare sector as attacks and breaches spike. Healthcare businesses could be necessary to beef up their own cyber criteria this yr as states could shift to instill more robust information protection click here laws.

Medicare tweaks guidelines for 2nd spherical of drug cost talks The company will give before meetings with drugmakers and solicit more affected person responses on the procedure.

Google’s AI-backed healthcare search Device now readily available for typical use Vertex AI Seek for Healthcare is made to immediately query a patient’s clinical file. Google suggests the Device will reduce the executive burden for payers and vendors.

FTC sues big pharmacy benefit supervisors more than insulin price ranges The agency introduced action from Caremark, Specific Scripts and Optum Rx, arguing their “anticompetitive and unfair” rebating tactics “artificially inflated” the list cost of lifestyle-preserving insulin medication.