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Elevance Health eyes acquisition of Paragon Healthcare
Elevance Health is looking to expand, entering into an agreement late last week to acquire Paragon Healthcare, a company specializing in infusible and injectable therapies.
FDA says fake Ozempic carries risk of infection
The Food and Drug Administration is sounding the warning bell on counterfeit versions of the weight loss medication Ozempic, saying fakes cause possible infection risks.
The agency said it has seized thousands of units of the product, which has crept i…
RSV resulting in more pediatric hospitalizations than COVID-19, flu
The respiratory disease known as respiratory syncytial virus (RSV) has led to more emergency hospitalizations than the flu and the Omicron variant of COVID-19, according to recent findings in JAMA.
Cybersecurity incident hits Missouri hospital
A trend from 2023 that appears determined to persist into the new year is cybersecurity risk, as a Missouri hospital’s computer systems were disrupted at the end of December, forcing the facility to take its computer systems offline.
Liberty Hospital b…
Those with COVID-19 hospitalizations see lower cognitive function
The year may be new, but the concerns about COVID-19 are old: A new study in JAMA shows that people who have been hospitalized with COVID-19 perform worse on cognitive and neurological tests, suggesting impaired brain function.
Labor pressures begin to ease for nonprofit hospitals, finds Fitch
Nonprofit hospitals in the U.S. are seeing more relief on the job front as broader labor conditions become less volatile, according to Fitch Ratings in its latest labor tracker. Payrolls continue to grow while year-over-year wage growth has declined fr…
Molina amends terms for Bright Healthcare Medicare Advantage acquisition
Molina Healthcare has amended its purchase agreement for the acquisition of Bright HealthCare’s California Medicare Advantage business.
The purchase price for the transaction, net of certain tax benefits, is reduced from the previously announced $510 m…
Jefferson Health, Lehigh Valley Health Network set to merge
Jefferson and Lehigh Valley Health Network have signed a non-binding letter of intent to combine, creating an integrated care delivery system that includes a national research university, as well as an expanded nonprofit health plan.
The merger would c…
COVID-19, RSV, other viruses buckling workforce in Fresno County
With hospitals operating at between 20-40% capacity, officials in Fresno County, California are warning of severe working conditions and are urging the public to avoid checking into the emergency room for nonemergency issues.
Humana sued for allegedly using AI for Medicare Advantage denials
Humana has become the latest insurer to be sued over allegedly using artificial intelligence to deny care, with a class action lawsuit claiming the company’s nH Predict AI model was used to deny care to Medicare Advantage members.
The lawsuit accuses H…
