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Whoop raises $575M—Abbott, LeBron James, Cristiano Ronaldo among the investors
Interventional cardiologist Roxana Mehran elected ACC president
Physicians who feel they ‘fit in’ experience less burnout—and entertain fewer thoughts of quitting or cutting back
EFF sues CMS over deployment of Medicare prior authorization AI
FDA clears new AI model for pulmonary hypertension
prescription drugs
Cost-related medication non-adherence declined after the Inflation Reduction Act

Lower Medicare drug costs translated into more patients taking their medications, leading to better outcomes.

Medicare Money
Over 130 hospitals sue HHS over changes to the DSH payment calculation that could cost facilities billions

In total, 131 hospitals are acting as plaintiffs. They’re asking a court to throw out 2023 changes to the Disproportionate Share Hospital calculation that altered the way Medicare Advantage and Social Security income were factored into the risk-adjusted payments hospitals receive for caring for vulnerable patient populations.

layoffs staff cuts termination workforce
Oracle cuts thousands of jobs as AI investments fail to pay off

The cloud infrastructure company said in a recent investor meeting that its heavy spending on AI has been complicated by the global GPU and CPU shortage. Some 10,000 workers have reportedly been laid off, but the true number is unknown.

AI in mental healthcare
Healthcare AI today: Dangerous LLMs, self-training AI—and is AI good for what ails healthcare?

If an individual is at all susceptible to mental unwellness, overuse of a talkative LLM could push him or her over the edge. Maybe literally. 

FDA Recall
Ivenix infusion kits recalled by FDA due to serious manufacturing defect

Lines included in the kits were misassembled and could result in a botched blood transfusion. Due to the risk of serious injury or death, the recall has been designated as Class I.

ACR: FDA evidence backing thyroid monitoring in peds after ICM use is 'weak' #contrast #FDA #contrastshortage
FDA recalls pediatric breathing kits after eight serious injuries

Endotracheal tubes inside Medline neonatal intubation kits have been deemed too narrow, putting newborn patients at risk for hypoxia. This recall has been given the most serious FDA designation due to the risk of death.

money cybersecurity ransomware health IT data breach hacker
Kettering Health hit with class-action lawsuit weeks after ransomware attack

Law firm Wright & Schulte said they filed a legal complaint on behalf of patients, pointing to the health system’s alleged lack of transparency and negligence in protecting data as the basis for the lawsuit.

merger acquisition M&A business
Eli Lilly to acquire gene-editing specialists focused on CVD for up to $1.3B

The company has agreed to acquire Verve Therapeutics for an upfront payment of approximately $1 billion. The total could increase significantly, however, if certain milestones are met. One of Verve's biggest gene therapies has already received the FDA's fast track designation.

Judge bangs gavel
Judge rips Trump administration for terminating DEI-advancing NIH grants: ‘Have we no shame?’

On Monday a district judge in Massachusetts declared the Trump administration’s squashing of billions in NIH grants “void and illegal.” 

Around the web

Radiology Business
Certain radiology subspecialties less likely to score promotions than others

In particular, rads working in breast imaging and pediatrics appear to score the lowest rates of career advancement, experts write in Current Problems in Diagnostic Radiology.