Author's posts
CVS, inVio creating South Carolina ACO through REACH
CVS Accountable Care Organization, a division of CVS Health, and inVio Health Network, a collection of more than 5,600 South Carolina providers, are collaborating to create a new accountable care organization through the ACO REACH program.
ACO REACH f…
AHA concerned over penalties for cybersecurity standards
In a statement to the Committee on Energy and Commerce Subcommittee on Health, the American Hospital Association said it was concerned over potential penalties for hospitals and other healthcare facilities that fall short of the Biden administrat
AI facilitating collaboration among Stanford nurses and physicians
Artificial intelligence has demonstrated value as an assistant for physicians, helping care teams via disease-identifying algorithms and large language models that record notes during patient visits. But a new study from Stanford Medicine shows the pot…
Four mega mergers help increase M&A in Q1
The first quarter of 2024 saw a significant uptick in merger and acquisition activity, with 20 announced transactions – which, according to Kaufman Hall, represents the strongest first quarter since Q1 2020, just before the start of the COVID-19 pandem…
Elevance teams with private investment firm on primary care
Elevance Health and private investment firm Clayton, Dublier and Rice (CD&R) have agreed to form a strategic partnership meant to accelerate innovation in primary care delivery, with an eye toward improving experience and outcomes.
The effort will brin…
DOJ sues Regeneron Pharmaceuticals over allegedly inflating Medicare reimbursements
The Department of Justice has filed a False Claims Act complaint against Regeneron Pharmaceuticals, a New York-based pharmaceutical company, over allegedly inflating Medicare reimbursement rates for Eylea, an injection therapy approved for retinal dise…
Henry Ford, Michigan State research center to be built for $335 million
The Michigan State University Board of Trustees has approved the construction of a $335 million biomedical research center in Detroit. The seven-story, 335,000-square-foot facility will be owned by Michigan State University and operated jointly as part…
Physician pay rises 3%, though discontent persists
Total physician compensation saw a modest 3% growth in 2023, increasing from an average of $352,000 to $363,000, yet despite the increase, dissatisfaction over pay persists, according to the latest findings of the 2024 Medscape Physician Compensation R…
McLeod Health to build $45 million replacement hospital
McLeod Health, based in Florence, South Carolina, is eyeing plans to construct a $45 million replacement facility for its Cheraw-based hospital, the health system said this week.
The facility will be constructed on the current McLeod Health Cheraw prop…
Community health centers grappling with high Medicaid disenrollment
Nearly 95% of community health centers (CHCs) have reported that patients have been disenrolled from Medicaid, and among those reporting disenrollment, an estimated 23% (nearly one in four patients) have been disenrolled, according to a new survey from…
