Category: Healthcare Finance News

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. 

Blue Shield of California to lay off 140 workers

Blue Shield of California is reducing its staffing by 140 positions, or about 2% of the workforce.

ACOs and physician group call for removal of financial penalties in information blocking rule

The National Association of ACOs is asking for changes to the information blocking rule prohibiting participation in the Medicare Shared Savings Program if the ACO or its clinicians for noncompliance.

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…

Expectations for lower interest rates to spur healthcare investment in 2024

Interest rates are expected to fall in 2024, changing the healthcare investment landscape moving into the new year, according to Bret Schiller, head of Healthcare Corporate Client Banking at J.P. Morgan.
“We think that rate cuts will start by the secon…

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.

DOJ wants Humana case thrown out but first transferred to another court

The Department of Justice wants Humana’s complaint against the Department of Health and Human Services thrown out but it wants the decision made in a court other than the one where the case was filed.
 

Rite Aid settles FTC complaint on use of AI recognition technology 

Rite Aid Corporation has reached a settlement with the Federal Trade Commission regarding the company’s use of AI facial recognition technology to prevent retail theft.
Rite Aid said it disagrees with the allegations related to the facial recognition t…

HIMSSCast: Health span is a choice

There’s no reason, if diseases are caught in their early stages, that most of us can’t live until our 90s, according to the Deloitte report, “How employers can spark a movement to live longer. healthier lives.”