Effective Jan. 1, Pennsylvania will set limits to noncompete agreements in physicians’ contracts for the first time, The Philadelphia Inquirer reported Dec. 31.
Greenville, S.C.-based Prisma Health reported an operating income of $311.3 million (4.9% operating margin) in fiscal 2024, up from an operating income of $67.1 million (1.6% margin) in fiscal 2023.
Ransomware attacks have imposed significant financial burdens on U.S. healthcare providers, with an estimated $21.9 billion lost to downtime alone since 2018, according to Comparitech.com.
Several major pharmaceutical companies, including Pfizer, Bristol Myers Squibb and Sanofi, are set to raise prices on more than 250 branded medications in the U.S. starting Jan. 1, 2025, according to a Reuter’s exclusive report.
The healthcare industry is entering a transformative era as major legal and regulatory frameworks, including the Stark Law, face significant updates and reinterpretations.