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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.

police cop car siren
Dispute over medical care at Children’s Hospital leads to father being tased at Walmart

Ladarius Butler took his 3-year-old son to Children’s Hospital Colorado after the boy had trouble breathing. An argument over the care he received led Butler to leave the hospital with the child, prompting staff to call 911. All charges against Butler were dropped, but he has filed a lawsuit against the city of Aurora after he was tased in a Walmart parking lot.

Product Recall
B. Braun recalls IV solutions over serious patient safety risks

Two lots of IV solution bags from the company were found to contain particulate matter that could cause blockages in blood vessels, killing a patient. To date, no serious adverse events have been reported.

healthcare insurance fraud scam scheme legal lawsuit
CVS Caremark hit with $289M judgment following whistleblower claim

That number includes $285 million in damages. CVS Health’s PBM was found to have committed fraud when it pressured insurers to overbill Medicare Advantage plans for patient care services.

cybersecurity hacker ransomware cyber data breach
Biopharma company confirms ransomware attack as 176 GB data trove is posted

Indiana-based Inotiv confirmed the data breach in a filing with the U.S. Securities and Exchange Commission. Infamous cybercrime cell Qilin has claimed credit for the attack.

jenavalve TAVR valve for aortic regurgitation acquired by Edwards
FTC challenge to Edwards JenaValve acquisition could delay FDA approval

Edwards Lifesciences asked the U.S. Federal Trade Commission (FTC) this week to dismiss the complaint against the company's acquisition of JenaValve this week. A healthcare market analysis firm also said the FTC actions will likely impact the timing of an FDA clearance of the Trilogy heart valve.

cancer research
Healthcare AI today: Cancer research rethought, Trump/Kennedy healthcare AI, ‘What’s best for the patient?’

A new generation of AI-native researchers is leading the way in the war on cancer. This next crop of scientists is AI-native, interdisciplinary—and comfortable challenging assumptions. 

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.