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New legislation aims to tame ‘Wild West’ in healthcare cybersecurity The proposed Monthly bill, released final thirty day period by Sens. Ron Wyden and Mark Warner, is an efficient move forward, but hospitals may have more funds to spice up their cybersecurity tactics, professionals say.
CVS Health and fitness may possibly carry out layoffs as part of the reduction in solutions. Impacted workers will be notified in mid-November and terminated in The brand new 12 months, according to the spokesperson.
Medicaid overtakes Medicare Advantage as health and fitness insurers’ bogeyman in Q2 Irrespective of issues in Medicaid and MA, significant insurers even now posted big earnings in the second quarter — lots of served by wellness services divisions.
Epic strike with antitrust lawsuit by knowledge startup Particle Overall health Particle alleges electronic wellness record seller Epic utilized its place to be a “monopolist” to forestall competition during the payer current market.
Past thirty day period, CVS Overall health reported it could layoff 2,900 workforce amid a multibillion dollar Price tag conserving initiative. The organization could be Discovering breaking up its insurance policy and retail companies, In keeping with media stories.
However the intent is nice, several hospitals are presently working on trim margins — Specifically rural facilities that require to stay operating to preserve use of treatment in the communities they provide, stated DiME’s Goldsack.
The multi-stakeholder convention features keynote speakers and deep-dive sessions that focus on new and rising challenges in healthcare. The three-day agenda incorporates keynote speeches from leaders throughout healthcare focused on troubles like treatment supply, workforce, DEI initiatives and well being equity.
Blue Cross Blue Shield to pay for $2.8B to settle course action service provider antitrust circumstance It really is the most important antitrust settlement thus far within the healthcare marketplace, In line with law organization Whatley Kallas, which represented the plaintiffs.
The approach, created with in excess of 25 federal businesses, features an increased concentration in areas like artificial intelligence, general public well here being and overall health fairness, officials explained in a weblog put up.
On top of that, insurers are purchasing psychological wellbeing and material use disorder companies to curb costs, and can move faraway from stage-methods towards built-in Positive aspects platforms.
Cyberattacks originally centered on larger healthcare techniques, but scaled-down vendors and business associates are now targets, explained Amy Magnano, lover at regulation firm Morgan Lewis. Attackers are becoming much more innovative far too, using AI and machine learning resources to hone their strikes, which includes crafting a lot more persuasive phishing email messages.
Pay attention to the write-up eight min This audio is automobile-created. Make sure you let's know Should you have opinions. Steward Health Treatment received courtroom acceptance to promote six of its Massachusetts hospitals for an mixture cost of $343 million throughout a contentious Listening to Wednesday, effectively exiting functions during the condition.
Senate report slams Medicare Edge insurers for employing predictive technological innovation to deny claims UnitedHealth, CVS and Humana utilized technologies to enhance MA prior authorization denials for write-up-acute expert services, boosting revenue, In accordance with a report from a Senate subcommittee.
Insurers brace for continued Medicare Gain health care costs The massive concern coming out of the health and fitness insurance plan earnings period is just how much elevated utilization among the seniors is carrying in excess of into 2024.