Category: ROOT

Inflation Reduction Act will restrict oncology drug development, Bristol-Myers Squibb CEO says

With tighter rules from the Inflation Reduction Act approaching, Bristol-Myers Squibb will cancel plans for some drug development programs and cancer treatments, the drugmaker’s CEO, Giovanni Caforio, MD, recently told the Financial Times. 

Virginia physician to pay $3.1M to settle kickback allegations 

Alexandria, Va.-based orthopedic surgeon Thomas Raley, MD, will pay $3.1 million and has been sentenced to three years in prison for referring drug prescriptions in return for illegal kickback payments, the Justice Department said Nov. 18. 

Blood banks plead for donors

About two weeks after the American Red Cross issued a warning about a severe flu season hindering blood supply, multiple states are facing critical shortages. 

Banner’s loss hits $113M, contract labor up 7%

Phoenix-based Banner Health reported a $26 million operating loss for the third quarter ending Sept. 30, bringing the health system’s total loss to $113 million.

Medical malpractice reports by state in 2022

California had the most adverse action and medical malpractice payment reports in 2022, according to data from the National Practitioner Data Bank collected from Jan. 1 to June 30. 

Majority of spine patients who fear contracting COVID-19 prefer ASC surgical procedures

Over half of spine surgery patients (56.4 percent) who still have a high fear of contracting COVID-19 prefer to undergo procedures at ASCs versus hospital settings according to a Nov. 18 study published in Cureus, a peer-reviewed medical journal. 

Hospital chief administrative officer leaving UI Health Care

Pamela Johnson-Carlson, DNP, RN, is leaving her role as chief administrative officer of Iowa City-based University of Iowa Stead Family Children’s Hospital.

HHS unveils report on supporting long COVID-19 patients

HHS on Nov. 21 released an 88-page report on how the healthcare and public sector can best support the estimated 7.7 million to 23 million Americans living with long COVID-19.

CommonSpirit hospital employees cite payroll irregularities after ransomware attack

After a ransomware attack affecting Chicago-based CommonSpirit Health’s facilities across the U.S., employees at Mercy Medical Center in Roseburg, Ore., are questioning their paychecks, The News-Review reported Nov. 19.

The future of hospital-at-home amid Medicaid uncertainty

Medicare has granted waivers to 256 hospitals in 37 states to conduct hospital-at-home programs, but uncertainty over Medicare’s future involvement has been hindering these programs from being adopted more widely, The New York Times reported Nov. 19.&n…