John Oxendine, a former Georgia insurance commissioner, was sentenced to 3.5 years in prison for his role in a healthcare fraud scheme involving ENT clinics.
Optum earned $62.9 billion in total revenue in the second quarter of 2024 — an increase of 11.7% year over year, according to the company’s financial report.
Quincy, Ill.-based invasive cardiologist Eliot Nissenbaum, DO, retired after treating patients in the area for 10 years, according to a July 13 report from Muddy River News.
Hospitals in many markets are closing as they face massive financial challenges, including declining reimbursement rates, shifting market demands and rising practice costs.