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Medicare’s financial ups & downs | Killer nurse’s sentencing | Steward Health’s bankruptcy

News You Need to Know Today
Medicare’s financial ups & downs | Killer nurse’s sentencing | Steward Health’s bankruptcy
Wednesday, May 8, 2024
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Today's News and Trends

Medicare on solid ground for now but headed for fiscal quicksand

Medicare’s Hospital Insurance (HI) Trust Fund has the wherewithal to pay the full bill for beneficiaries’ stays in hospitals, hospice sites and skilled nursing facilities for the next 12 years. But what then? 

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medicare cms in fiscal financial trouble
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Medicare on solid ground for now but headed for fiscal quicksand

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medicare cms in fiscal financial trouble
Medicare’s Hospital Insurance (HI) Trust Fund has the wherewithal to pay the full bill for beneficiaries’ stays in hospitals, hospice sites and skilled nursing facilities for the next 12 years. But what then? 
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Former nurse sentenced to life for murdering patients with insulin injections

Heather Pressdee, 41, pleaded guilty to the charges, which included three counts of first-degree murder and 19 counts of attempt to commit murder.

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Former nurse sentenced to life for murdering patients with insulin injections

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Heather Pressdee, 41, pleaded guilty to the charges, which included three counts of first-degree murder and 19 counts of attempt to commit murder.
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Steward Health Care files for bankruptcy, citing rising labor costs and reduced reimbursement

The health system employs 40,000 people and cares for more than 12 million patients in eight states.

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bankruptcy.jpg
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Steward Health Care files for bankruptcy, citing rising labor costs and reduced reimbursement

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bankruptcy.jpg
The health system employs 40,000 people and cares for more than 12 million patients in eight states.
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Featured Articles

AMA says Change Healthcare breach is crippling independent practices

A survey of physicians by the American Medical Association reveals that many practices are still losing revenue and struggling to make payroll as a result of the Change Healthcare hack.

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doctor in handcuffs after being arrested
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AMA says Change Healthcare breach is crippling independent practices

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doctor in handcuffs after being arrested
A survey of physicians by the American Medical Association reveals that many practices are still losing revenue and struggling to make payroll as a result of the Change Healthcare hack.
READ MORE >

ACLU sues North Carolina over illegal detention of mental health patients

A lawsuit filed in federal court claims the state is detaining mentally ill and disabled patients without due process or proper access to treatment.

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man in prison behind bars
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ACLU sues North Carolina over illegal detention of mental health patients

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man in prison behind bars
A lawsuit filed in federal court claims the state is detaining mentally ill and disabled patients without due process or proper access to treatment.
READ MORE >

In Case You Missed It

Psychiatric hospital sued for $150M over ‘encouraging’ fight between juveniles

A new lawsuit claims a 15-year-old girl was used as an enforcer of bad behavior at a psychiatric facility in Michigan, resulting in her severely beating a 10-year-old boy.

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A cardiology practice in Florida and several of its cardiologists have agreed to pay $2 million to resolve allegations that they violated the False Claims Act and committed fraud. As a part of the agreement, there has been no determination of liability.
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Psychiatric hospital sued for $150M over ‘encouraging’ fight between juveniles

Share on Twitter Share on Facebook Share on Linkedin
A cardiology practice in Florida and several of its cardiologists have agreed to pay $2 million to resolve allegations that they violated the False Claims Act and committed fraud. As a part of the agreement, there has been no determination of liability.
A new lawsuit claims a 15-year-old girl was used as an enforcer of bad behavior at a psychiatric facility in Michigan, resulting in her severely beating a 10-year-old boy.
READ MORE >

Cigna whistleblower says a policy of ‘deny, deny, deny’ left patients without life-saving care

Debby Day, MD, said she was given extensive power by the insurer to approve or reject requests for life-saving care, such as drugs and surgeries.

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insurance
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Cigna whistleblower says a policy of ‘deny, deny, deny’ left patients without life-saving care

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insurance
Debby Day, MD, said she was given extensive power by the insurer to approve or reject requests for life-saving care, such as drugs and surgeries.
READ MORE >

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