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Dollar Photo Club
Medical device makers get more flexibility with value-based care in Stark, anti-kickback final rules
The changes include two safe harbor pathways and "allow you to do things that otherwise might violate the kickback statute or the Stark Law. So, that is always welcome in the industry," one lawyer said.
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Fotolia
Fewer, but sicker, patients visit Ascension hospitals in its latest fiscal quarter
After closing out its last fiscal year with a net loss of $1 billion, the giant nonprofit swung to a quarterly profit with net income of $1.2 billion.
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COVID-19 is making it harder for some middle income patients to pay premiums, deductibles: report
The economic impact from COVID-19 could make it harder for workers to pay for their share of employee-sponsored healthcare coverage, a survey from The Commonwealth Fund found.
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Mayo reports healthy Q3 profit, but operations remain under stress
Even amid reports that its Midwest unit saw hundreds of employees test positive for COVID-19, the system touted a patient mortality rate from the virus of 0.71%, compared to 4% nationwide.
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Craighead, Shealah. (2020). "White House Update on Coronavirus Testing" [Photograph]. Retrieved from Flickr.
Trump admin pushes last-ditch plan to lower drug prices
The American Hospital Association blasted one measure it said will significantly cut reimbursement for coming "in the middle of a pandemic with cases at record levels, and with less than six weeks’ notice."
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Fotolia
Banking on acuity: Tenet, UHS execs optimistic about Q4
"On balance, we're not feeling the type of pressure we were feeling in the early days, where you don't entirely know what you're fighting," Tenet CEO Ron Rittenmeyer said this week at Wolfe Research's virtual healthcare conference.
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Getty Images
Older patients less willing to have elective procedures as COVID-19 surges: survey
Patient sentiment has deteriorated since September, according to findings from Needham, even as medtech companies have taken steps to encourage a return to care.
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Getty Images
Travel nurse demand outpacing supply, with hospitals paying steep rates
Pay increases being offered to staff are based on a variety of factors, including hours and specialty. Cleveland Clinic and Mayo Clinic both reported hundreds of workers out sick from the virus or exposure to it.
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Kaiser Permanente's earnings bump suggests it's weathering COVID-19
Buoyed by tens of billions in revenue from its health plans and fresh investment gains, the nonprofit appears to be managing the coronavirus crisis better than many of its counterparts that solely operate hospitals.
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Permission granted by BioNTech SE
Deep DiveHospitals scramble to get ready for coronavirus vaccines
From ultra-cold storage capabilities to extra security staff, facilities are bracing now for their role in distribution of an eventual vaccine.
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Master Sgt. Hecht, Matt. (2020). [Photograph]. Retrieved from Flickr.
Insurers, labs point fingers over COVID-19 test coverage, prices
An AHIP study of claims data is the latest volley in a debate over the cost of coronavirus diagnostics and who ultimately foots the bill. A clinical lab trade group blames "murky" tri-agency guidance for coverage denials and high costs.
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Hospitals across US cancel elective procedures — again
Intermountain Healthcare is running out of staffed ICU beds but forging ahead with non-COVID-19 care — including elective procedures — to help people with their routine health needs, CEO Marc Harrison said Tuesday.
UPDATED: Nov. 18, 2020 at 11 a.m. -
Yujin Kim/Healthcare Dive
FTC signals nurses' wages will become important measure in antitrust enforcement
The agency has largely focused on the impact mergers have on prices. This new tactic could give it another legal argument to challenge tie-ups.
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National Institute of Allergy and Infectious Diseases. (2020). "Novel Coronavirus SARS-CoV-2" [Micrograph]. Retrieved from Flickr.
Biotech Miltenyi, aiding in COVID-19 research, recovering from malware
For two weeks the company dealt with "isolated cases" of malware in its IT infrastructure. Operations are restored and the company does not expect delays in orders.
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iRhythm wearable linked to more afib diagnoses in Aetna-backed study
Analysts were broadly encouraged by the new data, while cautioning that unlocking the market for this population will take time. Wall Street took a wait-and-see approach, with the stock closing down 9% Tuesday.
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Courtesy of Amazon
Is Amazon's pharmacy foray disruptive? Experts disagree.
Analysts are split on the impact of the e-commerce giant finally entering the space in full force. Either way, it's unwelcome news for heavyweights like CVS and Walgreens.
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Jacob Bell
FDA OKs first fully at-home COVID-19 test as US cases surge
Though the test is expected to be available nationally by early spring through healthcare providers, it will first be made available in the "near future" to patients of Sutter Health in Northern California and Cleveland Clinic Florida.
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Permission granted by Amazon
Amazon finally jumps into pharmacy business, Prime members set to get steeper discounts
The move is a direct threat to retail pharmacy incumbents. CVS Health and Walgreens were hit in early market trading.
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Fotolia
Primary care docs note equipment shortages, worsening patient health amid pandemic
Physicians are also struggling to replace practice members and fill open positions, according to a new survey from the Larry A. Green Center and the Primary Care Collaborative.
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Moderna
Moderna's vaccine can last for weeks in a refrigerator, expanding an edge on rivals
Pharmacies and doctor's offices should be able to store Moderna's shot on site, a crucial advantage for the mass immunization challenge that lies ahead.
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Despite COVID-19, CommonSpirit Health reports $800M quarterly profit
The nation's biggest Catholic system is dealing with a significant increase in supply costs to treat patients infected by the virus, but still eked out a 7.7% increase in operating revenues compared to the same period last year.
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Moderna
Moderna says vaccine prevents COVID-19 in large study as virus surges
The results, on par with those reported by Pfizer and BioNTech last week, come as health systems nationwide scramble to prepare for eventual distribution of shots that healthcare workers will be among the first to get.
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Adobe Stock
Pandemic spurs consumer-friendly healthcare services that patients expect to continue
Millennials in particular feel more comfortable shopping among traditional providers, telehealth providers and retail clinics than previous generations, according to the Kaufman Hall report.
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Dollar Photo Club
FTC sues to block Tenet's Memphis hospital deal with Methodist Le Bonheur
The agency is alleging the $350 million tie-up would harm consumers in the form of higher prices, including increased insurance premiums.
UPDATED: Nov. 16, 2020 at 8:48 a.m. -
Getty Images
No leg to stand on? Supreme Court justices harp on key legal concept in ACA case
Justice Neil Gorsuch seemed skeptical over plaintiffs' injuries and what they want reprieve from. "I guess I'm a little unclear who exactly they want me to enjoin and what exactly do they want me to enjoin them from doing?"
