An alleged fraud scheme uncovered by the National Association of Accountable Care Organizations could be costing Medicare $2 billion, The Washington Post reported Feb. 9.
Category: Static
Kaiser posts $4.1B net income in 2023
Oakland, Calif.-based Kaiser Permanente reported $329 million in operating income (0.3% margin) in 2023, a significant improvement on the $1.3 billion operating loss (-1.3% margin) it reported in 2022.
Gyms, nutrition startups race to combat Ozempic muscle loss
A growing number of companies ranging from gyms to meal delivery services are launching new offerings to capitalize on a known issue that can happen for patients on weight loss drugs such as Ozempic and Wegovy, The New York Times reported Feb. 8.
Henry Ford Health gets initial approval for $5M retirement plan settlement
Detroit-based Henry Ford Health has secured preliminary approval from District Judge Sean Cox of Eastern District of Michigan to contribute $5 million to settle a class-action lawsuit by employees who alleged their retirement plans were too costly comp…
Robot devicemaker sued over patient death
A lawsuit filed in Florida accuses Intuitive Surgical, a medical device company, of knowingly selling a surgical robot with known insulation issues that burned a woman’s small intestine during an operation, NBC News reported.
University Hospitals lands $6.5M gift to improve emergency medicine
Cleveland-based University Hospitals received $6.5 million from the late Arthur D. and Kazuko Maine that is intended to boost emergency medical care across the system.
The fastest-growing C-suite job: Why it matters for healthcare
The chief growth officer’s presence has been, well, growing.
Empty buildings leave 'great bones' for healthcare
What do a shuttered Blockbuster store, a vacant Bed Bath & Beyond and an old funeral home have in common? Hint: They’ve all been scooped up by Hartford HealthCare.
ED capacity issues nearing boiling point
Over the past months, health systems in numerous states have faced growing capacity challenges. That includes Boston-based Massachusetts General Hospital, which saw the highest level of patients boarded in the emergency department in its 200-year histo…
Mayo steps up to plug care gaps as HSHS exits Wisconsin
Mayo Clinic is striving to help close a significant gap in patient care in Western Wisconsin, where two hospitals and almost 20 clinics are expected to close in the coming months.
