Jeff Lagasse

Author's posts

False Claims Act settlements exceeded $2.2 billion in 2022, DOJ says

Settlements and judgments under the False Claims Act exceeded $2.2 billion in the fiscal year that ended on September 30, more than $1.7 billion of which pertained to matters that involved the healthcare industry – including drug and medical device man…

Senators press telehealth companies on data-sharing practices

A bipartisan group of four U.S. Senators are leaning on three telehealth companies for more information about their data-sharing practices, calling on these companies to protect patients’ sensitive health data.

CVS Health acquiring Oak Street Health for $10.6 billion

With a definitive agreement in place, CVS Health is now officially poised to acquire Oak Street Health in an all-cash transaction valued at around $10.6 billion.
Oak Street Health is a multi-payer, value-based primary care company focused on older adul…

CVS Health names new chief diversity, equity and inclusion officer

CVS Health has named a new senior vice president and chief diversity, equity and inclusion officer in a bid to advance the company’s stated goal of promoting more equity in healthcare.
Shari Slate was named to the post and will take the help on Februar…

Centene down $213 million in Q4 despite revenue gains

Despite a 9% increase in revenue in the fourth quarter, healthcare payer Centene reported a $213 million net earnings loss during that period, falling short of Wall Street predictions, the organization revealed this week.
Centene posted $1.2 billion in…

Alabama hospitals seeing severe margin declines

Alabama hospitals have been faring far worse than hospitals in most other states in terms of margins and operating incomes, with healthcare facilities across the state seeing a 79% decline in median operating margins from 2019 to 2022, according to a n…

Federal charges levied against 25 defendants in alleged nursing diploma scheme

More than two dozen people have been charged in the Southern District of Florida for their alleged participation in a wire fraud scheme that created an illegal licensing and employment shortcut for aspiring nurses, according to the Justice Department.

New Jersey receives $80M to strengthen healthcare workforce, modernize data

The New Jersey Department of Health has been awarded a grant from the Centers for Disease Control and Prevention for $80.5 million over the next five years to support public health workforce development and training, build foundational capabilities and…

Top Stories: Lawmakers introduce bills seeking to halt VA HER modernization; Cigna files suit against CVS

A House bill would put a stop to VA EHR modernization. What’s the objection? We’ll delve deeper into that and other issues in this week’s Top Stories, including Cigna’s lawsuit against CVS Health, and Mark Cuban Cost Plus Drug Company’s latest partners…

Humana announces leadership appointments

Health insurer Humana has hired industry veteran Dr. Sanjay Shetty to lead its healthcare services business CenterWell, the largest provider of senior-focused primary care, provider of home health services, and fourth largest pharmacy benefit manager i…