Elevance Health and private investment firm Clayton, Dublier and Rice (CD&R) have agreed to form a strategic partnership meant to accelerate innovation in primary care delivery, with an eye toward improving experience and outcomes. The effort will bring together certain care delivery and enablement assets of Elevance Health’s Carelon Health and CD&R portfolio companies apree […]
This includes large print, braille, audio recordings and the newest piece, providing documents in the dominant language, says Ernie Crawford, president and CEO of Crawford Technologies.
The Department of Justice has filed a False Claims Act complaint against Regeneron Pharmaceuticals, a New York-based pharmaceutical company, over allegedly inflating Medicare reimbursement rates for Eylea, an injection therapy approved for retinal diseases. It was approved by the Food and Drug Administration to treat, among other conditions, neovascular age-related macular degeneration. WHAT’S THE IMPACT
The Change Healthcare cyberattack is expected to cost UnitedHealth Group $1 billion to $1.5 billion this year, according to CFO John Rex, who was also named president this month.
The Michigan State University Board of Trustees has approved the construction of a $335 million biomedical research center in Detroit. The seven-story, 335,000-square-foot facility will be owned by Michigan State University and operated jointly as part of a 30-year partnership with Henry Ford Health.
The Coalition of Health AI (CHAI) is a consensus-driven set of standards among over 1,300 organizations, says CHAI CEO Dr. Brian Anderson.
Three European healthcare leaders discuss joining forces for Project Asclepius to define ways of working to influence the industry amid a lack of standardization across markets.
McLeod Health, based in Florence, South Carolina, is eyeing plans to construct a $45 million replacement facility for its Cheraw-based hospital, the health system said this week. The facility will be constructed on the current McLeod Health Cheraw property and replace the current building, which was built in 1980.
Total physician compensation saw a modest 3% growth in 2023, increasing from an average of $352,000 to $363,000, yet despite the increase, dissatisfaction over pay persists, according to the latest findings of the 2024 Medscape Physician Compensation Report.
Acute care hospitals are getting a 2.6% payment increase in a proposed rule released by the Centers for Medicare and Medicaid Services last week. The proposal reflects a projected 2025 hospital market basket percentage increase of 3%, reduced by a 0.4 percentage point productivity adjustment.