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Senator Bernie Sanders (I-VT) has introduced his plan to eliminate $81 billion in medical debt as part of his pitch to become the Democratic presidential candidate.

Catch up on some of the healthcare industry’s most recent investment rounds.

 

Paralyzed

Researchers in Australia are about to begin testing, in humans, a brain-computer interface created to restore communication in people with severe paralysis.  

Researchers found millions of heart failure patients who qualify for standard, guideline directed medical therapies, but did not receive it due to poor health literacy, limited access to care and medication costs.

Purdue Pharma, maker of the popular opioid OxyContin, will be allowed to dole out millions of dollars in bonuses to executives as the company declares bankruptcy as part of a $10 billion settlement to resolve thousands of lawsuits against the company for its role in the national opioid abuse and overdose epidemic.

The number of lung injury cases reported from around the country has risen to 530, according to the CDC’s latest update. The number of reported deaths has been upped to seven, as of September 19.

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With patients seeing higher medical bills than ever and healthcare costs continuing to rise, healthcare organizations need to stay on top of the revenue cycle to ensure they can capture payments and be prepared for changes in 2020.

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The approval, made as part of a special FDA pilot program, took just 50 days.