Category: ROOT

Catfishing CMS: 10 charged in $11.1M fraud

A group of 10 people are being charged with crimes related to wire fraud and money laundering schemes that drained $11.1 million from Medicare, state Medicaid programs, private health insurers and other victims, the Justice Department said Nov. 18.

Private equity & ASCs: 6 updates to know

Here are six private equity updates since Oct. 6 ASC leaders need to know:

Amazon to lay off around 10,000 employees and 4 more updates

Here are five Amazon updates since Oct. 31:

FDA greenlights 1st drug to delay onset of Type 1 diabetes

In a win for Red Bank, N.J.-based ProventionBio, the FDA approved its drug Tzield Nov. 17, marking the first approved therapy to delay the onset of Type 1 diabetes. 

Melting batteries, 3 fires prompt recall of 248K insulin devices

Insulet recalled 248,288 insulin deployment devices after receiving three reports of fires and more than 400 complaints about the product’s batteries swelling, leaking and overheating. 

Pennsylvania hospital association CEO to retire

Andy Carter, president and CEO of the Hospital and Healthsystem Association of Pennsylvania, is retiring.

UnityPoint rolls out 2 new telehealth programs

Des Moines, Iowa-based UnityPoint Health has rolled out two new telehealth programs for patients seeking treatments for common ailments.

Watchdog says HHS faces ‘significant’ challenges in trying to protect health data

A new report from the departmental Office of Inspector General said the HHS is facing “significant challenges” in protecting data and technology from cyberthreats and must improve how its entities share public health data, BankInfoSecurity reported Nov…

A new insurance model for ASCs: better coverage with a return on investment

Ambulatory surgical centers face multiple risks that could interrupt and devastate the business. The traditional method of protecting against these risks is insurance coverage, but coverage for these rare but catastrophic events is extremely expensive.

Mount Sinai unveils nursing school upgrades

New York City-based Mount Sinai Health System unveiled its upgraded and renamed Mount Sinai Phillips School of Nursing, previously known as Phillips School of Nursing at Mount Sinai Beth Israel.