With drug prices surging, hospitals are looking for innovative ways to reduce pharmaceutical costs. Oftentimes, this calls for “cutting out the middlemen” and buying directly from pharmaceutical companies.
The Federal Trade Commission has filed a lawsuit to block private equity firm GTCR BC Holdings from acquiring Surmodics, a medical technology company, arguing the deal would reduce competition for critical device coatings.
Nurses at Mercy Health—Allen Hospital in Oberlin, Ohio, represented by the Ohio Nurses Association and AFT, have rejected a tentative labor contract, with 94% of nurses voting “no,” according to a March 10 union news release shared with Becker’s.
In early March, Durham, N.C.-based Duke University Health System and Charlotte, N.C.-based Novant Health shared plans to expand care through a partnership that will build new campuses across North Carolina.
In the highest forfeiture secured by the Justice Department’s health care fraud unit, a federal court ordered a Texas pharmacist to forfeit $405 million in assets tied to fraud and money laundering schemes.
A former nurse at HCA’s Henrico Doctors’ Hospital in Richmond, Va., is now facing eight counts of abuse and malicious wounding after several infants in the hospital’s neonatal ICU were found with unexplained fractures while under her care, according to…
The pandemic deepened the wedge between the health systems and insurance companies as hospitals incurred steep costs and rising expenses without seeing a similar increase in reimbursement rates.