FTC sues important pharmacy reward administrators in excess of insulin charges The agency introduced action from Caremark, Express Scripts and Optum Rx, arguing their “anticompetitive and unfair” rebating tactics “artificially inflated” the list price of existence-saving insulin medicines.

Listen to the article ten min This audio is vehicle-created. Make sure you let's know In case you have suggestions. The condition of healthcare is swiftly advancing as new systems, regulations and gamers aim to reduce the sector’s woes and advance its efficiencies.

Lawmakers read testimony past calendar year about algorithms used by insurers to forecast the amount of care patients might need, which advocates argued travel coverage denials and press individuals to self-pay back or take care of an appeals system. Humana, Cigna and UnitedHealth were being sued very last yr about their utilization of algorithms to procedure statements.

The chief claimed he would not comply with a subpoena to testify just before a Senate subcommittee future 7 days.

Very last thirty day period, CVS Overall health claimed it might layoff 2,900 staff amid a multibillion greenback Value preserving initiative. The corporation could be Discovering breaking up its insurance policy and retail enterprises, according to media experiences.

Professionals go over their predictions for healthcare industry traits, such as financial commitment and consolidation in electronic wellness, adoption of synthetic intelligence and improving cybersecurity in healthcare in 2024. Go through the entire posting ➔ Trends shaping the company of overall health insurance in 2024

The Commonwealth has currently put in an unbelievable amount of money to even get us to this point and [I’m] not subjecting [the hospitals] to challenges when you will discover authentic men and women sitting in beds right this moment.”

Blue Cross Blue Shield to pay for $2.8B to settle class motion supplier antitrust situation It truly is the most important antitrust settlement thus far while in the healthcare sector, Based on regulation firm Whatley Kallas, which represented the plaintiffs.

Top rated healthcare conferences to program for in 2025 Here's notable activities hospital, payer and tech executives need to contemplate attending up coming 12 months, running the gamut from electronic overall health to financial administration to health-related innovation.

Suki raises $70M to broaden healthcare AI scribe The Collection D round allows the startup to speed new item growth, invest in commercial initiatives and increase here to its Management workforce.

“When you think about the cellphone for a platform, I feel not a soul might have told you in 2009 — once the apple iphone was coming out — the industries the apple iphone would disrupt most was likely to be the taxi marketplace with apps like Uber or perhaps the mapping industry with things such as Google Maps,” he reported.

Essential healthcare facility and provider traits in 2024 As trim working margins continue on to challenge hospitals, specialists forecast suppliers will trim needless expenses and deal with strategic labor investments.

Computer software overload could Raise electronic wellbeing M&A Buyers of electronic health and fitness products and solutions are confused with position methods, which could accelerate merger and acquisition action in a slowed funding natural environment, specialists say.

An posting from Top healthcare conferences to system for in 2025 Here are noteworthy gatherings clinic, payer and tech executives should really think about attending following yr, operating the gamut from digital wellbeing to money administration to healthcare innovation.