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Humana CFO to step aside in the new year
Insurer Humana has announced that current Chief Financial Officer Susan Diamond is stepping down from her role in the new year, to be succeeded by Celeste Mellet, effective January 11.
Lawmakers push DOJ to investigate PBMs over opioids
A bipartisan group of lawmakers has sent a letter to Attorney General Merrick Garland saying that the Department of Justice should examine whether pharmacy benefit managers had a hand in the opioid epidemic.
Health systems see margin gains, though expenses still high
Health systems in the U.S. saw slight margin gains in October following three months of declines, while operating margins for individual hospitals narrowed and expenses remained high, according to new data published by Strata Decision Technology.
Alabama hospital expanding behavioral health capabilities
North Alabama Shoals Hospital in Muscle Shoals will be expanding on its behavioral health capabilities with an initiative that includes building a new 16-bed adolescent psychiatry unit and adding eight adult psychiatric beds, the hospital announced.
Ex-pharmacy owner sentenced in $11.5 million Medicare fraud case
Former pharmacy owner Aftab Hussain has been sentenced to two to six years in prison for allegedly stealing more than $11.5 million dollars through a Medicaid fraud scheme that targeted low-income HIV patients who needed life-saving medications, accord…
Franciscan Health repurposing hospital for behavioral health
Franciscan Health Dyer in Indiana will transition its hospital to a behavioral health services facility by the end of 2027, the health system has announced.
The transition, approved by the Franciscan Alliance Board of Trustees, aims to meet the growing…
Mount Sinai leans into AI with new research center
Mount Sinai Health System in New York is embracing artificial intelligence with the recently announced opening of the Hamilton and Amabel James Center for Artif
Anesthesiologist sentenced to 190 years for IV bag tampering
A Dallas anesthesiologist who was found guilty of injecting dangerous drugs into patient IV bags, leading to one death and numerous cardiac emergencies, has been sentenced to 190 years in prison, according to the U.S. Department of Justice.
Payers, providers increasing investments in AI
More than half of health system leaders and insurance executives are calling artificial intelligence an “immediate priority,” and 73% of organizations said they were growing their financial commitments to the technology, according to a new survey, “Ins…
Baptist hospital to expand with $32 million grant
Baptist Health Boca Raton Regional Hospital, part of Florida’s Baptist Health, has received a $32 million grant from the Marcus Foundation that it calls the biggest in its history.
The grant was one of the final major grants personally directed by Bern…
