FTC sues significant pharmacy benefit supervisors more than insulin rates The agency brought motion versus Caremark, Express Scripts and Optum Rx, arguing their “anticompetitive and unfair” rebating practices “artificially inflated” the checklist price of life-preserving insulin medications.
Insurers will go on vertically integrating to keep more profits in-residence, and federal scrutiny can even affect pharmacy benefit administrators since they unveil new packages they Invoice as more clear subsequent Congressional inquiries.
Electronic wellness funding ranges this year will look similar to 2023, and will start to boost — especially while in the again 50 % of 2024 — though the floodgates aren’t very likely to open absolutely. Consolidation could also get in 2024, a trend that field watchers have already been eyeing for months as funding ticked down and potentially pushed startups toward dealmaking. Digital therapeutics, psychological health providers and weight-loss providers could be eye-catching acquisition targets, gurus claimed.
The chief reported he would not comply with a subpoena to testify ahead of a Senate subcommittee up coming 7 days.
An report from Deep Dive Healthcare technological innovation tendencies to observe in 2024 Industry experts go over their predictions for financial commitment and consolidation in electronic wellness, adoption of artificial intelligence and the way to increase cybersecurity in healthcare this yr.
In exchange for funds, Steward promised its hospitals as collateral. Price tag advised the courtroom the Massachusetts deal undercuts the lenders’ capacity to protected their financial loan.
The primary target is targeted at advertising and marketing wellbeing and wellness for people and communities, supporting persons’ use of Digital overall health data and selling their use of electronic health and fitness products. The 2nd classification concentrates on increasing treatment supply and healthcare activities, like encouraging telehealth use, amassing standardized information on social determinants of well being, advertising “safety and liable” AI applications and simplifying electronic documentation necessities for service provider payments to ease burnout between clinicians. The third objective hones in on using health IT for investigate and innovation, like which makes it less difficult for individuals to securely share their data for experiments, and rising transparency on how AI algorithms are used in healthcare.
This yr may perhaps demonstrate a enhancement time period for the wellbeing engineering sector, professionals say. Vendors and payers will function to combine digital applications through their corporations, and market watchers might even see efficacy and outcomes facts right after yrs of digital overall health investment.
Steward bankruptcy probably as massive financial debt continues to be, with couple of choices still left Steward Well being Treatment’s forbearance interval ends in lower than fifteen times. Analysts say this time, creditors are unlikely to increase the embattled business One more lifeline.
The HHS is also producing an click here AI task pressure that should target creating basic safety applications and strategies to manage The brand new technologies.
Cyberattacks originally centered on larger healthcare systems, but more compact providers and enterprise associates are actually targets, explained Amy Magnano, husband or wife at regulation firm Morgan Lewis. Attackers have become much more advanced also, working with AI and equipment Discovering tools to hone their strikes, such as crafting much more persuasive phishing email messages.
Medicare tweaks regulations for next spherical of drug rate talks The agency will present earlier meetings with drugmakers and also solicit extra affected person comments on the procedure.
Senate report slams Medicare Gain insurers for applying predictive know-how to deny statements UnitedHealth, CVS and Humana applied technological innovation to raise MA prior authorization denials for put up-acute solutions, boosting gains, In line with a report from a Senate subcommittee.
An article from Major healthcare conferences to program for in 2025 Listed here are noteworthy activities hospital, payer and tech executives ought to take into consideration attending future calendar year, working the gamut from digital overall health to economic management to health-related innovation.