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Under the health law, there are penalties on hospitals for avoidable readmissions. Providing support for family caregivers could help keep patients from having to come back to the facility. Meanwhile, some hospitals are revamping to become more energy efficient, and they’re saving millions.
GreatCall also helps seniors obtain concierge-type and emergency services. Best Buy has already dipped a toe into the health care field with its health-and-wellness products.
The moves add to growing investor unease over the health of large biotech companies, which are being pushed to find successors for aging blockbuster drugs. In other pharmaceutical news: Pfizer invests in a better flu vaccine; a startup struggles to build interest by male doctors for a drug that benefits women; and a deeper look at CAR-T therapy.
Experts are wary because while the therapies have provided some miraculous success, there have also been spectacular failures. Health officials, however, say that the FDA can provide enough oversight and extra supervision from the NIH is no longer needed.
The beneficiaries have to log hours through other programs, so officials know that they’re meeting them and simply just not reporting them. Critics warned of this scenario before work requirements were instituted because, according to analysts, one in three Medicaid adults never use a computer or the internet and four in ten do not use email. Medicaid news comes out of Ohio, as well.
News outlets report on stories related to pharmaceutical pricing.
Media outlets report on news from Illinois, D.C., Ohio, California, Tennessee, Maryland, New Jersey, Arizona, Louisiana, Georgia, New Hampshire, Minnesota and North Dakota.
New York joins dozens of other states suing the manufacturer of OxyContin. “The opioid epidemic was manufactured by unscrupulous distributors who developed a $400 billion industry pumping human misery into our communities,” Gov. Andrew Cuomo (D-N.Y.) said.
In the midst of criticism that pharmacy benefits managers are not doing enough to drive down costs, CVS has announced that it will let its clients exclude from their formularies any new drugs that exceed the threshold of $100,000 per quality-of-life years.
Democrats are likely to highlight the case as Republicans trying to eliminate popular provisions, like protections for preexisting conditions.
Oscar’s focus is on health plans and helping consumers pick out the right coverage for them. The company announced that the investment will help it expand into Medicare Advantage space in the coming years.
The researchers are now building a website that will allow anyone to upload genetic data. Users will receive risk scores for heart disease, breast cancer, Type 2 diabetes, chronic inflammatory bowel disease and atrial fibrillation. But scientists emphasize that DNA is not destiny, and that the results don’t account for a healthy diet and exercise.
The U.S. News & World Report analyzed 4,500 hospitals based on several factors, including performance in 16 specialty areas and reputation. This year, the report put a greater emphasis on patient outcomes.
Billionaire Carl Icahn had called the deal a “$60 billion folly,” but is now walking back his opposition in light of recommendations from Institutional Shareholder Services and Glass Lewis. The latter called the insurer’s offer for the pharmacy benefits manager “both strategically and financially compelling, structured in a reasonable manner from a valuation standpoint for Cigna shareholders.”
When patients go to an in-network facility, they can still be treated by an out-of-network medical professional–anesthesia or pathology claims being among the most common.
The ruling means UnitedHealthcare may have to to transfer millions of dollars to New York insurers that enrolled high-cost members in their plans in 2017. News on the health law comes out of Virginia, as well.
Being able to explain how the artificial intelligence technology reached its diagnoses for dozens of eye ailments is a breakthrough and a crucial step toward outperforming the work of human doctors, according to the study in Nature Medicine.
Health data is often siloed and doesn’t move fluidly through the health system. Improving that communication could save billions of dollars a year, according to some estimates.
Media outlet report on news from Massachusetts, Puerto Rico, Ohio, Florida, Pennsylvania, California, New Hampshire, Kansas, Oregon, Minnesota and Georgia.
The supercomputer was supposed to change the way we treat cancer. But it has failed to live up to the hype.