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News You Need to Know Today
FDA recall alert | PCP pay rises to $300K | Cleveland Clinic settles $7M lawsuit | Private insurance costs unsustainable
Friday, May 31, 2024
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Today's News and Trends

FDA announces recall of Optum infusion pumps over risk of serious malfunctions

The Nimbus II Plus infusion pumps are being recalled due to multiple malfunctions that could put patients at risk.

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Recall
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FDA announces recall of Optum infusion pumps over risk of serious malfunctions

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Recall
The Nimbus II Plus infusion pumps are being recalled due to multiple malfunctions that could put patients at risk.
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Primary care physicians see largest pay increase, averaging $300K in annual compensation

A report from MGMA also shows surgical specialists saw a rise in pay of 4.42%, with the cohort now taking home an average of $554,108.

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Medicare Money dollar payment reimbursement
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Primary care physicians see largest pay increase, averaging $300K in annual compensation

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Medicare Money dollar payment reimbursement
A report from MGMA also shows surgical specialists saw a rise in pay of 4.42%, with the cohort now taking home an average of $554,108.
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Cleveland Clinic paying $7M+ to settle deceptive funding case

A Cleveland Clinic researcher accepted NIH funding without telling the agency about money coming in for the same project from one or more foreign backers. For this the nonprofit Cleveland Clinic Foundation will pay $7.6 million.

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cleveland clinic settles for failing to disclose research funding
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Cleveland Clinic paying $7M+ to settle deceptive funding case

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cleveland clinic settles for failing to disclose research funding
A Cleveland Clinic researcher accepted NIH funding without telling the agency about money coming in for the same project from one or more foreign backers. For this the nonprofit Cleveland Clinic Foundation will pay $7.6 million.
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Rising cost of private insurance unsustainable for 180 million families, study finds

The average cost of care for families covered by private insurance increased from $3,920 to $4,907 between 2007 and 2019.

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wallet purse broke bankrupt
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Rising cost of private insurance unsustainable for 180 million families, study finds

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wallet purse broke bankrupt
The average cost of care for families covered by private insurance increased from $3,920 to $4,907 between 2007 and 2019.
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Lawsuit filed in response to $43B nursing home staffing rule

Nursing home groups are suing CMS to block a final rule that mandates staffing and direct care minimums.

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Nursing Home
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Lawsuit filed in response to $43B nursing home staffing rule

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Nursing Home
Nursing home groups are suing CMS to block a final rule that mandates staffing and direct care minimums.
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Featured Articles

Healthcare company puts its $40M cash reserves into bitcoin

Semler Scientific said it now holds 581 bitcoins, but chronic disease diagnostics is still the core of its business.

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Bitcoin logo
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Healthcare company puts its $40M cash reserves into bitcoin

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Bitcoin logo
Semler Scientific said it now holds 581 bitcoins, but chronic disease diagnostics is still the core of its business.
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Private equity-owned birthing centers in Florida back c-section rule change

The state will now allow cesarean sections to be performed outside of a hospital setting.

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Childbirth
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Private equity-owned birthing centers in Florida back c-section rule change

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Childbirth
The state will now allow cesarean sections to be performed outside of a hospital setting.
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Private equity investment in healthcare down 20% as regulatory pressures mount

Public sentiment has turned against private equity stakeholders in healthcare, and that isn't likely to change post-election.

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Money bankruptcy debt liquidation
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Private equity investment in healthcare down 20% as regulatory pressures mount

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Money bankruptcy debt liquidation
Public sentiment has turned against private equity stakeholders in healthcare, and that isn't likely to change post-election.
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In Case You Missed It

RateMDs sued by doctor who claims the site violates privacy laws

The lawsuit contends RateMDs has a conflict of interest and sells ads to medical professionals reviewed by users of the site.

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legal liability malpractice artificial intelligence
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RateMDs sued by doctor who claims the site violates privacy laws

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legal liability malpractice artificial intelligence
The lawsuit contends RateMDs has a conflict of interest and sells ads to medical professionals reviewed by users of the site.
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Kaiser Permanente unloading $3.5B in private equity stakes

Citing sources familiar with the matter, the Wall Street Journal reported that Kaiser Permanente is working with Jefferies Financial Group to find secondary buyers.

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healthcare money economics dollar stethoscope acquire merger
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Kaiser Permanente unloading $3.5B in private equity stakes

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healthcare money economics dollar stethoscope acquire merger
Citing sources familiar with the matter, the Wall Street Journal reported that Kaiser Permanente is working with Jefferies Financial Group to find secondary buyers.
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In Other News

Light therapy improves brain connectivity after head trauma, MRI study shows

In the study, patients who underwent light therapy showed improved connectivity between seven brain region pairs.

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light therapy improves brain connectivity after head trauma
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Light therapy improves brain connectivity after head trauma, MRI study shows

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light therapy improves brain connectivity after head trauma
In the study, patients who underwent light therapy showed improved connectivity between seven brain region pairs.
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Cardiologist Richard Heuser, interventional specialist and medical device pioneer, dies at 73

Heuser had a long, impactful career in cardiology. One former colleague said he was “an amazing interventional cardiologist and an even better human being.”

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Richard Heuser, MD, an interventional cardiologist known for his groundbreaking work in the field, leadership and strong business acumen, died on May 23. He was 73 years old.
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Cardiologist Richard Heuser, interventional specialist and medical device pioneer, dies at 73

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Richard Heuser, MD, an interventional cardiologist known for his groundbreaking work in the field, leadership and strong business acumen, died on May 23. He was 73 years old.
Heuser had a long, impactful career in cardiology. One former colleague said he was “an amazing interventional cardiologist and an even better human being.”
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