Author's posts
5.6 million people affected by Ascension cyberattack
Ascension has submitted a report to federal regulators showing that about 5.6 million people were affected by a ransomware attack on the nonprofit health system in May.
Medicare enrollees to pay less for 64 additional drugs
Some Medicare enrollees will pay less for 64 drugs available through Medicare Part B, according to the Department of Health and Human Services.
The drugs will have a lowered Part B coinsurance rate from January 1 through March 31 of next year; that’s b…
WashU Medicine to make neurosurgery inroads with philanthropic gift
WashU Medicine in St. Louis is turning a philanthropic gift of $50 million into a vehicle for recruiting neurosurgeons and researchers, and enhancing the research capabilities of the facility’s neurosurgery department.
Andrew Taylor, an emeritus truste…
Advocate spending $1 billion on new hospital and outpatient services
Chicago-based Advocate Health Care is planning to spend $1 billion to improve access to primary and specialty care, as well as wellness services, by investing in a new hospital and extended outpatient programs.
The investment will improve access to pri…
Male physicians have more net worth than female counterparts
Wealth and earnings disparities between men and women are nothing new, but a new report from Medscape shows the extent to which this is true in healthcare, showing that 66% of male physicians had a family net worth of more than $1 million last year – c…
CMS ending VBID model due to high costs
The Centers for Medicare and Medicaid Services is terminating the Medicare Advantage Value-Based Insurance Design (VBID) model at the end of 2025 due to what it called the model’s “substantial and unmitigable costs to the Medicare Trust Funds.”
Trends 2025: Medicare Advantage prospects strong despite challenges
The past couple of years have seen the sharp ascendancy of Medicare Advantage to now include more than half of all beneficiaries with Medicare coverage.
The alternative to the traditional fee-for-service Medicare has proven popular with consumers due t…
Nebraska sues Change Healthcare over ransomware attack
The Nebraska Attorney General has filed a lawsuit against UnitedHealth Group and its subsidiaries Change Healthcare and Optum, claiming the companies violated state laws on consumer protection after a massive ransomware attack in February exposed perso…
Texas sues physician for prescribing abortion drugs via telehealth
Texas Attorney General Ken Paxton has sued a New York doctor for providing abortion-inducing drugs to Texas residents in violation of that state’s law.
Centene projects $166.5 billion in revenue next year
During its Investor Day last week, Centene released its earnings guidance and projected between $166.5 and $169.5 billion in revenue for 2025, representing slight growth year-over-year.
