Everything about Healthcare News
Everything about Healthcare News
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She noted the product sales will safeguard Many Work and stop clinic closures. The bargains ended up also supported from the Massachusetts federal government, which has offered Steward a complete of $seventy two million in unexpected emergency funding to cover healthcare facility functions for the duration of August and September.
Wherever are the many nurses? Hospitals, advocates disagree on crisis Hospitals and nursing unions clash on what’s driving sluggish software prices for open registered nurse positions — an absence of capable candidates or an absence of curiosity.
The lenders have delivered about $575 million in money for Steward all over the personal bankruptcy course of action and gave Steward $25 million as recently as past week, In accordance with testimony from their lawyer, Michael Price tag.
Teladoc COO to depart at year conclusion Mike Waters’ resignation follows other leadership improvements for the telehealth seller, including the departure of Teladoc’s former CEO this spring.
Blue Shield of California sidesteps PBMs with new Humira biosimilar offer It’s The very first time this kind of model is accustomed to bring a Humira biosimilar to marketplace, in accordance with the insurance company — and it yields a A great deal decrease Expense than both of those the manufacturer-name Variation in the drug and its biologic copycats.
In exchange for funds, Steward promised its hospitals as collateral. Rate explained to the courtroom the Massachusetts deal undercuts the lenders’ power to protected their personal loan.
Healthcare Dive caught up with industry professionals to share the top healthcare tendencies of 2024. Read far more under:
CVS replaces CEO Karen Lynch with Caremark head The fiscally battling healthcare and pharmacy large also pulled its earnings direction, citing enhanced professional medical Charge pressures in its well being Rewards unit.
Arthur explained to the court that despite the transaction’s “zero-dollar economics,” the debtors stand “entirely at the rear of the sale.”
As slender operating margins keep on to problem hospitals, experts forecast companies will trim unneeded bills and focus on strategic labor investments.
Having said that, the sale was considerably from a acquire for that bankrupt health practitioner-owned network. Information from an incendiary letter penned by Steward CEO Ralph de la Torre, first revealed by the Boston World on Wednesday, threatened to overshadow the deal click here closure totally.
Lawmakers urge Biden administration to increase telehealth prescribing flexibilities for opioid use condition A bipartisan team of two dozen representatives pushed officers to protect the pandemic-era prescribing alterations for buprenorphine, arguing telehealth improves entry and prevents overdoses.
Hospitals, inching towards sustained profitability, will divest from below-undertaking and dear services lines in 2024 though growing investments in ambulatory treatment providers. Vendors can even Make mature-your-personal nursing packages in a bid to increase recruitment.
“The rate of improve and know-how in healthcare during the last handful of several years continues to be a lot quicker than I've at any time noticed just before,” he stated.