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DOJ investigating Steward for corruption | Serious FDA recall on ventilators | New cybersecurity bill | Burnout rates dropping

News You Need to Know Today
DOJ investigating Steward for corruption | Serious FDA recall on ventilators | New cybersecurity bill | Burnout rates dropping
Wednesday, July 17, 2024
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Today's News and Trends

DOJ investigating Steward Health Care over ties to foreign government

Citing two sources familiar with the matter, journalists at CBS News said the health system is suspected of violating the Foreign Corrupt Practices Act. No charges have been filed.

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Department of Justice DOJ
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DOJ investigating Steward Health Care over ties to foreign government

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Department of Justice DOJ
Citing two sources familiar with the matter, journalists at CBS News said the health system is suspected of violating the Foreign Corrupt Practices Act. No charges have been filed.
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FDA recall on ventilators ranked ‘most serious’ after patient injury

Baxter is recalling its Life2000 Ventilator system due to a faulty battery charging dongle that could cause the systems to shut off during use.

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Recall
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FDA recall on ventilators ranked ‘most serious’ after patient injury

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Recall
Baxter is recalling its Life2000 Ventilator system due to a faulty battery charging dongle that could cause the systems to shut off during use.
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Senators introduce bill to bolster healthcare cybersecurity

The Healthcare Cybersecurity Act would improve cooperation between HHS and CISA to ideally speed up the response to cyberattacks.

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Senators introduce bill to bolster healthcare cybersecurity

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The Healthcare Cybersecurity Act would improve cooperation between HHS and CISA to ideally speed up the response to cyberattacks.
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AMA says physician burnout rate drops below 50% for first time since 2020

The latest data from the AMA shows physician burnout levels have fallen below 50% for the first time since 2020.

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A sign for reducing physician burnout, which was one of the top priorities at the American Medical Association (AMA) 2022 House of Delegates meeting. Photo by Dave Fornell
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AMA says physician burnout rate drops below 50% for first time since 2020

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A sign for reducing physician burnout, which was one of the top priorities at the American Medical Association (AMA) 2022 House of Delegates meeting. Photo by Dave Fornell
The latest data from the AMA shows physician burnout levels have fallen below 50% for the first time since 2020.
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Featured Articles

Former Georgia insurance commissioner sentenced to prison for $3M fraud scheme

John Oxendine has been sentenced to three and a half years in prison for his involvement in a conspiracy to file claims for bogus lab tests.

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man in prison behind bars
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Former Georgia insurance commissioner sentenced to prison for $3M fraud scheme

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man in prison behind bars
John Oxendine has been sentenced to three and a half years in prison for his involvement in a conspiracy to file claims for bogus lab tests.
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Eli Lilly purchases Morphic and its Crohn's drug portfolio for $3.2B

Morphic's new treatment for inflammatory bowel disease is in Phase II clinical trials and shows promise in improving patient outcomes. Eli Lilly will purchase the company for $57 per share in cash.

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Eli Lilly
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Eli Lilly purchases Morphic and its Crohn's drug portfolio for $3.2B

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Eli Lilly
Morphic's new treatment for inflammatory bowel disease is in Phase II clinical trials and shows promise in improving patient outcomes. Eli Lilly will purchase the company for $57 per share in cash.
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Insurers accused of $50B fraud connected to Medicare Advantage plans

According to a report, from 2019 and 2021, Medicare Advantage plans put taxpayers on the hook for dubious care services.

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Insurers accused of $50B fraud connected to Medicare Advantage plans

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According to a report, from 2019 and 2021, Medicare Advantage plans put taxpayers on the hook for dubious care services.
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In Case You Missed It

Cano Health emerges from bankruptcy, achieves $270M in cost reductions

On June 28, a court approved the company’s restructuring plan. Cano Health initially filed for bankruptcy in February 2024.

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Bankruptcy
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Cano Health emerges from bankruptcy, achieves $270M in cost reductions

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Bankruptcy
On June 28, a court approved the company’s restructuring plan. Cano Health initially filed for bankruptcy in February 2024.
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Inmates in five states, including minors, to be granted Medicaid coverage

Inmates in Illinois, Kentucky, Oregon, Utah and Vermont will be granted access to patient care services, including behavioral health and drug abuse interventions.

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Inmates in five states, including minors, to be granted Medicaid coverage

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Inmates in Illinois, Kentucky, Oregon, Utah and Vermont will be granted access to patient care services, including behavioral health and drug abuse interventions.
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In Other News

Lantheus acquires developer of next-generation PET imaging agent for Alzheimer’s

Meilleur Technologies’ portfolio includes the worldwide exclusive rights to NAV-4694, also known as F18-flutafuranol, which is in phase 3 trials. 

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stroke brain dementia alzheimer's puzzle mental health
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Lantheus acquires developer of next-generation PET imaging agent for Alzheimer’s

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stroke brain dementia alzheimer's puzzle mental health
Meilleur Technologies’ portfolio includes the worldwide exclusive rights to NAV-4694, also known as F18-flutafuranol, which is in phase 3 trials. 
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How to mitigate institutional inequities involving AI

When it comes to adopting healthcare AI, large, well-off hospitals are likely to frequently homer while smaller, struggling institutions go down looking. (Baseball analogy in honor of tonight’s Midsummer Classic.) 

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'Well-resourced and innovation-focused hospitals should mentor and provide technical support to underfunded or smaller hospitals.'
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How to mitigate institutional inequities involving AI

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'Well-resourced and innovation-focused hospitals should mentor and provide technical support to underfunded or smaller hospitals.'
When it comes to adopting healthcare AI, large, well-off hospitals are likely to frequently homer while smaller, struggling institutions go down looking. (Baseball analogy in honor of tonight’s Midsummer Classic.) 
READ MORE >

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