Category: ROOT

Why not tie Medicare payments to inflation?

The Medicare Payment Advisory Commission on Jan. 16 voted to recommend  tying next year’s Medicare physician payment update to the growth in care costs.

USPI to pay nearly $1.5M to settle class action lawsuit

United Surgical Partners International, Dallas-based Tenet Healthcare’s ASC arm, has agreed to pay $1.48 million to settle a proposed class action suit alleging the company’s 401(k) plan violated the Employee Retirement Income Security Act, according t…

Gilead, government settle HIV drug patent dispute

Gilead Sciences reached a settlement with the Justice Department and HHS that resolves a five-year legal dispute regarding patents for its HIV prevention drugs, Truvada and Descovy. 

Optum earned $253B in 2024

UnitedHealth Group’s Optum, parent company of ASC chain SCA Health, earned $253 billion in total revenue in 2024 — an 11.7% increase year over year, according to a fourth-quarter 2024 financial report. 

Cancer burden shifts as incidence climbs: What to know

In 2025, an estimated 618,120 people will die from cancer in the U.S. The figure represents about 30% of the estimated 2,041,910 new cancer cases the U.S. is expected to see in 2025.

Where do independent GIs stand in 2025?

Rising practice costs and increased consolidation across healthcare have made it more difficult for gastroenterologists to maintain independent practices. 

Resident physicians OK union in 2nd Rhode Island system

A second group of resident and fellow physicians in Rhode Island have voted to join the Committee of Interns and Residents, which is affiliated with the Service Employees International Union.

Physician sentenced to 10 years in prison for $70M fraud scheme

A Texas physician was sentenced to 10 years in prison for causing the submission of more than $70 million in fraudulent claims to Medicare for medically unnecessary orthotic braces and genetic tests ordered through a telemarketing scheme.

Ohio system names new chief nurse

Effective Feb. 2, Josh Froehlich, RN, BSN, will become vice president and chief nursing officer of Lima (Ohio) Memorial Health System. 

Illinois hospital furloughs 69 employees

Waukegan, Ill.-based Vista Medical Center, part of Waukegan-based Vista Health System, has furloughed 69 non-medical employees for six weeks, the Lake County News-Sun reported Jan. 15.