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Debby Day, MD, said she was given extensive power by the insurer to approve or reject requests for life-saving care, such as drugs and surgeries.

PresidentBiden.jpg

Half a year after President Biden officially directed federal agencies in the executive branch’s bailiwick to “seize the promise and manage the risks” of AI, the White House has posted a status report.

Healthcare M&A, mergers and acquisitions business deal.

Medline has entered into a “definitive agreement” to buy the surgical division, giving the company access to a variety of surgical supplies and equipment used by clinicians and patients.

UnitedHealthcare UHC UnitedHealth

UnitedHealth CEO Andrew Witty told the Senate Finance Committee that systems have been rebuilt “from scratch” in light of the oversight.

Best states for nurses 2024

Comparing all 50 states on 20 metrics of job satisfaction for nurses, WalletHub has landed on a familiar favorite for the top spot.

boston scientific acquires axonics

Hologic has agreed to buy Endomag, a privately held breast cancer surgery company in the U.K.

Walmart Health clinic in Florida

All 51 of Walmart’s care centers are closing; however, they will remain open as patients are transitioned to other providers.

Large language models GenAI

Budgeting for generative AI in healthcare has skyrocketed, albeit in pockets, by as much as 300% year over year. 

Former managers of a Tampa Florida-based radiology company Advanced Diagnostic Group (ADG) and its employee stock ownership plan (ESOP) retirement benefit manager GreatBanc Trust Co. will pay $19 million to settle a class action lawsuit. The suit alleges they allowed the ESOP’s value to be diverted to managers, directors and their shell companies and away from employee participants. money gavel court lawsuit legal judge judgement

The litigation stems from a 2023 recall of CPAP machines and ventilators that caused users to inhale pieces of foam during use. The faulty units were linked to at least 561 deaths.

Medicare money payment reimbursement dollar decline. More than 100 U.S. medical societies are throwing their support behind a new proposal that could reform out-of-date Medicare policies and help limit future payment cuts. 

Physician payments are down slightly across the board, but they've fallen significantly for a handful of specialties. Researchers examined the long-term impact this trend could have on patient care.

H5N1 bird flu in cows

Infectious disease experts are ratcheting up their watchfulness of the H5N1 influenza virus. That’s because the strain of “bird flu” has continued turning up in domestic livestock.

The healthcare employers’ trade group said a nationwide ban on noncompete contracts will stifle investment in new technologies.

Around the web

Half a year after President Biden officially directed federal agencies in the executive branch’s bailiwick to “seize the promise and manage the risks” of AI, the White House has posted a status report.

Budgeting for generative AI in healthcare has skyrocketed, albeit in pockets, by as much as 300% year over year. 

U.S. physicians often receive payments from medical device manufacturers and pharmaceutical companies. New research in JAMA found a connection between receiving such payments and using specific devices—should the industry be concerned?