De la Torre requested to postpone his testimony right until right after federal personal bankruptcy proceedings stop. His legal professionals explained the executive did not want to be party to a “pseudo felony continuing.”
Elevance lowers steering on ‘unprecedented’ Medicaid worries Executives said the greater prices pressuring its Medicaid business would boost soon after states updated payment premiums to better match member acuity.
The lenders have offered about $575 million in funds for Steward through the individual bankruptcy approach and gave Steward $25 million as lately as last 7 days, As outlined by testimony from their lawyer, Michael Cost.
Transparency will come to be significantly vital this year, especially for scientific determination assist applications or algorithms that help with claims appraisals, explained CB Insights’ Lennox-Miller.
Final month, CVS Health said it could layoff two,900 staff amid a multibillion dollar cost preserving initiative. The corporate could be Discovering breaking up its insurance plan and retail corporations, In line with media studies.
While the intent is good, several hospitals are currently working on trim margins — Primarily rural amenities that require to remain working to preserve use of treatment within the communities they provide, mentioned DiME’s Goldsack.
Colorado supplier Axis Health Procedure strike by ‘cyber incident’ The provider, which features Key care, dental expert services and psychological healthcare, stated its primary treatment affected person portal was offline.
This yr could demonstrate a growth period of time for that overall health technological innovation sector, authorities say. Suppliers and payers will work to integrate electronic equipment through their corporations, and business watchers may see efficacy and outcomes data soon after several years of digital health and fitness expenditure.
Arthur informed the courtroom that Regardless of the transaction’s “zero-greenback economics,” the debtors stand “completely at the rear of the click here sale.”
Humana and CVS are downsizing their Medicare Benefit plans for 2025. Which insurers could gain? Many hundreds of A huge number of seniors could switch designs all through following 12 months’s open enrollment, according to how significantly the MA sector giants slash benefits within an try and increase gains.
“For those who consider the cellphone like a platform, I feel no one might have advised you in 2009 — in the event the iPhone was coming out — which the industries the iPhone would disrupt most was likely to be the taxi sector with apps like Uber or maybe the mapping business with things such as Google Maps,” he stated.
You should not miss tomorrow's healthcare industry news Let Healthcare Dive's free newsletter keep you informed, straight from your inbox.
Software overload could Increase digital wellbeing M&A Buyers of digital wellness solutions are overwhelmed with stage answers, which could speed up merger and acquisition action in a slowed funding atmosphere, professionals say.
“The speed of change and know-how in healthcare over the past few decades is speedier than I've ever found just before,” he claimed.