Category: Healthcare Finance News

Novo Nordisk CEO grilled on high prices of Ozempic and Wegovy

The Senate Committee on Health, Education, Labor and Pensions grilled Novo Nordisk’s CEO Lars Fruergaard Jørgensen on the company’s high price for its  weight loss drugs Ozempic and Wegovy in the United States compared to other countries.
Jørgensen nev…

Cardinal Health to acquire Integrated Oncology Network for $1.1B

Cardinal Health, which manufactures and distributes medical and laboratory products, has entered into a definitive agreement to acquire Integrated Oncology Network, a physician-led independent community oncology network, for more than $1.1 billion in c…

Advocate Health forgives medical debt linked to real estate liens

Advocate Health, the nation’s third-largest non-profit health system, will begin canceling all judgment liens previously placed on homes and real estate as part of its efforts to collect unpaid medical bills, and will also forgive the outstanding debts…

Medicaid enrollment higher than before the pandemic, KFF finds

More than 25 million people were disenrolled from Medicaid during the unwinding process, and over 56 million had their coverage renewed.

Data startup Particle Health sues Epic over antitrust concerns

Startup company Particle Health, an intelligent data platform that aggravates patient data and sends it to healthcare companies, has filed an antitrust lawsuit against Epic Systems saying the electronic health record giant is using its market position …

Finance leaders balance AI investment to expected ROI

Three-quarters of U.S. healthcare providers and payers increased their IT spending this past year, with artificial intelligence (AI), cybersecurity and IT infrastructure among the chief areas of investment, according to a study by Bain & Company and KL…

Mass General, Tampa General deepen affiliation to advance specialty care

Tampa General Hospital and Boston-based Mass General Brigham have said they’re “deepening” their affiliation with the development of new programs and services, including a bone marrow transplant program and CAR-T therapy program, at TGH.

FTC lawsuit claims rebate practices inflate insulin prices

The Federal Trade Commission has sued the three largest prescription drug benefit managers – Caremark Rx, Express Scripts and OptumRx

HIMSSCast: Investors are helping to drive climate change initiatives

EcoAct North America is an international climate consultancy focused on helping the private and public sectors measure their climate impacts and move towards sustainability.
It helps companies with ambitious targets, such as reducing emissions by 25%, …

CVS’ Oak Street Health paying $60M over alleged Medicare Advantage kickbacks

Oak Street Health, a subsidiary of CVS, is paying $60 million to the federal government to resolve allegations that it violated the False Claims Act by paying kickbacks to third-party insurance agents in exchange for recruiting seniors to Oak Street He…