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News You Need to Know Today
Lab owner gets 27 years in prison for massive fraud scheme | AI specialists raise $200M
Wednesday, August 23, 2023
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Today's News and Trends

Lab owner gets 27 years in prison for $463M Medicare fraud scheme

According to the U.S. Department of Justice, LabSolutions took advantage of patients using a telemarketing scheme, with its owner personally pocketing millions in kickbacks.

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Lab owner gets 27 years in prison for $463M Medicare fraud scheme

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According to the U.S. Department of Justice, LabSolutions took advantage of patients using a telemarketing scheme, with its owner personally pocketing millions in kickbacks.
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AI specialists focused on discovering new drug therapies raise $200M

“AI presents a potent opportunity to revolutionize the drug discovery process," according to the company's CEO.

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AI specialists focused on discovering new drug therapies raise $200M

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“AI presents a potent opportunity to revolutionize the drug discovery process," according to the company's CEO.
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Appeals court revives whistleblower suits alleging unqualified broker made radiology referral decisions

Allstate Insurance Co. first filed the complaints in 2020 against Discovery Radiology Physicians, OneSource Medical Diagnostics and four physicians, alleging insurance fraud. 

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Appeals court revives whistleblower suits alleging unqualified broker made radiology referral decisions

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Allstate Insurance Co. first filed the complaints in 2020 against Discovery Radiology Physicians, OneSource Medical Diagnostics and four physicians, alleging insurance fraud. 
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Featured Articles

GPT-4, a new upgrade from the team behind ChatGPT, can help doctors with difficult diagnoses

The new and improved AI-based language model outperformed human clinicians in a new study published in JAMA Network Open.

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GPT-4, a new upgrade from the team behind ChatGPT, can help doctors with difficult diagnoses

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artificial intelligence consultation
The new and improved AI-based language model outperformed human clinicians in a new study published in JAMA Network Open.
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FDA warning letter details quality concerns, violations at Integra facility

The facility in question is responsible for producing collagen-based medical devices primarily used in wound care, soft tissue repair and complex reconstruction surgeries. 

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FDA warning letter details quality concerns, violations at Integra facility

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FDA warning alert exclamation computer
The facility in question is responsible for producing collagen-based medical devices primarily used in wound care, soft tissue repair and complex reconstruction surgeries. 
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‘Gray market’ vendors hike up prices during drug shortages, leaving hospitals in a bind

Hospital executives find themselves in a challenging position—pay big bucks for hard-to-find medications or risk letting their patients down. 

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The U.S. Food and Drug Administration (FDA) has issued a new draft guidance designed to help applicants add clinically relevant information about QTc interval prolongation to the labeling of non-antiarrhythmic drugs
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‘Gray market’ vendors hike up prices during drug shortages, leaving hospitals in a bind

Share on Twitter Share on Facebook Share on Linkedin
The U.S. Food and Drug Administration (FDA) has issued a new draft guidance designed to help applicants add clinically relevant information about QTc interval prolongation to the labeling of non-antiarrhythmic drugs
Hospital executives find themselves in a challenging position—pay big bucks for hard-to-find medications or risk letting their patients down. 
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GE HealthCare earns FDA clearance for new remote patient monitoring device

The newly cleared device was designed with patient freedom and flexibility in mind. 

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GE Healthcare's Portrait Mobile wireless and wearable monitoring solution
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GE HealthCare earns FDA clearance for new remote patient monitoring device

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GE Healthcare's Portrait Mobile wireless and wearable monitoring solution
The newly cleared device was designed with patient freedom and flexibility in mind. 
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In Case You Missed It

AHA urges hospital stakeholders to wake up and smell the financial trouble that’s been brewing

The American Hospital Association is sounding the alarm over evidently widespread acceptance of 0% operating margins—or even negative margins—as a sort of “new normal” for U.S. hospitals and health systems.  

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Hospital financial trouble
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AHA urges hospital stakeholders to wake up and smell the financial trouble that’s been brewing

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Hospital financial trouble
The American Hospital Association is sounding the alarm over evidently widespread acceptance of 0% operating margins—or even negative margins—as a sort of “new normal” for U.S. hospitals and health systems.  
READ MORE >

5 reasons healthcare will withstand the onslaught of ‘occupational shift’

Lines of work that shed staff en masse during the COVID pandemic will probably continue shrinking between now and the end of the decade.

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healthcare workforce occupational shift
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5 reasons healthcare will withstand the onslaught of ‘occupational shift’

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healthcare workforce occupational shift
Lines of work that shed staff en masse during the COVID pandemic will probably continue shrinking between now and the end of the decade.
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