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Top Stories: PE bankruptcy wave continues | Wegovy application withdrawn | ACA insurance premiums to rise 7%

News You Need to Know Today
Top Stories: PE bankruptcy wave continues | Wegovy application withdrawn | ACA insurance premiums to rise 7%
Saturday, August 10, 2024
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This Week’s News

Private equity linked to 23% of healthcare bankruptcies in 2024

A new report from the Private Equity Stakeholder Project (PESP) found bankruptcies in healthcare continue to follow private equity buyouts.

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private equity corporatization business consolidation
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Private equity linked to 23% of healthcare bankruptcies in 2024

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private equity corporatization business consolidation
A new report from the Private Equity Stakeholder Project (PESP) found bankruptcies in healthcare continue to follow private equity buyouts.
READ MORE >

Novo Nordisk withdraws FDA application to expand use of weight loss drug

The Danish pharmaceutical company said it will resubmit its application in 2025 to have Wegovy approved for use in heart failure patients.

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Semaglutide (Wegovy) injector pen. Photo by Dave Fornell
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Novo Nordisk withdraws FDA application to expand use of weight loss drug

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Semaglutide (Wegovy) injector pen. Photo by Dave Fornell
The Danish pharmaceutical company said it will resubmit its application in 2025 to have Wegovy approved for use in heart failure patients.
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ACA premiums expected to rise 7% in 2025, report finds

A survey from KFF survey found the spike in cost will be mitigated by subsidies. However, the number of uninsured Americans could rise.

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Pricing for coronary artery bypass grafting (CABG) varies significantly throughout the United States, according to new findings published in the Journal of the American Heart Association.[1] Researchers emphasized that higher prices were not necessarily associated with better patient outcomes. Photo by Karolina Grabowska via Pexels
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ACA premiums expected to rise 7% in 2025, report finds

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Pricing for coronary artery bypass grafting (CABG) varies significantly throughout the United States, according to new findings published in the Journal of the American Heart Association.[1] Researchers emphasized that higher prices were not necessarily associated with better patient outcomes. Photo by Karolina Grabowska via Pexels
A survey from KFF survey found the spike in cost will be mitigated by subsidies. However, the number of uninsured Americans could rise.
READ MORE >

Hospital system in Michigan hit by cyberattack for second time in a year

McLaren Health Care said it is not sure if patient data was taken by hackers and it’s working with a cybersecurity firm to gather details.

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Ransomware
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Hospital system in Michigan hit by cyberattack for second time in a year

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Ransomware
McLaren Health Care said it is not sure if patient data was taken by hackers and it’s working with a cybersecurity firm to gather details.
READ MORE >

Challenges to the financial stability of the American healthcare system

Bharath Krishnamurthy, director of health policy and analytics, American Hospital Association, explains factors leading to the economic instability of the U.S. healthcare system. 

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Bharath Krishnamurthy, a director of health policy and analytics at the American Hospital Association (AHA), factors that are leading to instability the U.S. healthcare system. #AHA #AmericanHospitalAssociation #CMS #Healthcare
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Challenges to the financial stability of the American healthcare system

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Bharath Krishnamurthy, a director of health policy and analytics at the American Hospital Association (AHA), factors that are leading to instability the U.S. healthcare system. #AHA #AmericanHospitalAssociation #CMS #Healthcare
Bharath Krishnamurthy, director of health policy and analytics, American Hospital Association, explains factors leading to the economic instability of the U.S. healthcare system. 
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Texas legislature held ground in face of scope of practice expansion bills

The AMA applauded the Texas Medical Association for defeating dozens of scope of practice creep bills in the Texas legislature this year.

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The Texas State Capital building in Austin where 140 scope creep bills were defeated in 2024 by the Texas medical Association.
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Texas legislature held ground in face of scope of practice expansion bills

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The Texas State Capital building in Austin where 140 scope creep bills were defeated in 2024 by the Texas medical Association.
The AMA applauded the Texas Medical Association for defeating dozens of scope of practice creep bills in the Texas legislature this year.
READ MORE >

Healthcare staffing shortages leading to financial instability

Bharath Krishnamurthy, a director of health policy and analytics at the American Hospital Association, explains the financial impact of current healthcare staffing shortages.

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Bharath Krishnamurthy, a director of Health Policy and Analytics at the American Hospital Association (AHA), explains the financial impact of the growing healthcare staffing shortage.
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Healthcare staffing shortages leading to financial instability

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Bharath Krishnamurthy, a director of Health Policy and Analytics at the American Hospital Association (AHA), explains the financial impact of the growing healthcare staffing shortage.
Bharath Krishnamurthy, a director of health policy and analytics at the American Hospital Association, explains the financial impact of current healthcare staffing shortages.
READ MORE >

In Case You Missed It

Congress pushes back on the Supreme Court overturning Chevron Doctrine

Elizabeth Warren has introduced the Stop Corporate Capture Act (SCCA) to reestablish a working regulatory framework for federal agencies.

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Congress pushes back on the Supreme Court overturning Chevron Doctrine

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Elizabeth Warren has introduced the Stop Corporate Capture Act (SCCA) to reestablish a working regulatory framework for federal agencies.
READ MORE >

The rise of bogus healthcare conferences

A conference on neurology is described by reporters as "shambolic," offering only bare bones presentations and accommodations. And the number of these events may be on the rise.

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auditorium conference
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The rise of bogus healthcare conferences

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auditorium conference
A conference on neurology is described by reporters as "shambolic," offering only bare bones presentations and accommodations. And the number of these events may be on the rise.
READ MORE >

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