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News You Need to Know Today
Top 10 of August: Private equity bankruptcies rise | Court strikes down noncompete ban | McLaren’s ransomware saga | more
Wednesday, September 4, 2024
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The Month in Review

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 >

FDA rejects ‘ecstasy’ as treatment for PTSD

The agency has asked for an additional phase 3 study before it considers another application from manufacturer Lykos.

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MDMA Ecstasy
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FDA rejects ‘ecstasy’ as treatment for PTSD

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MDMA Ecstasy
The agency has asked for an additional phase 3 study before it considers another application from manufacturer Lykos.
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Atlanta hospital lost piece of patient’s skull, lawsuit claims

A lawsuit claims surgeons at Emory University Hospital were forced to make a synthetic bone flap for a replacement surgery when they were unable to locate Fernando Cluster's real one.

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Atlanta hospital lost piece of patient’s skull, lawsuit claims

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A lawsuit claims surgeons at Emory University Hospital were forced to make a synthetic bone flap for a replacement surgery when they were unable to locate Fernando Cluster's real one.
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FDA approves epinephrine nasal spray for anaphylaxis

The Neffy nasal spray was shown to be as effective as injectables in four studies on 175 adults.

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approved approval safe
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FDA approves epinephrine nasal spray for anaphylaxis

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approved approval safe
The Neffy nasal spray was shown to be as effective as injectables in four studies on 175 adults.
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Q&A: Tips to thrive as an independent practice in the age of consolidation

An interview with Rik Baier, CMPE, Chief Executive Officer of Barrington Orthopedic Specialists and the Schaumburg Surgery Center, on the struggle of maintaining practice autonomy.

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Q&A: Tips to thrive as an independent practice in the age of consolidation

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An interview with Rik Baier, CMPE, Chief Executive Officer of Barrington Orthopedic Specialists and the Schaumburg Surgery Center, on the struggle of maintaining practice autonomy.
READ MORE >

FDA on track to clear 1,000+ clinical AI algorithms by end of the year

As of July 2024, the FDA reports it has cleared 950 AI algorithms to aid in direct clinical decision making.

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United Imaging AI promotion RSNA 2023
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FDA on track to clear 1,000+ clinical AI algorithms by end of the year

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United Imaging AI promotion RSNA 2023
As of July 2024, the FDA reports it has cleared 950 AI algorithms to aid in direct clinical decision making.
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Hospital hacker extradited to U.S., facing charges for extortion and fraud

Deniss Zolotarjovs, 33, of Moscow, is allegedly a member of Karakurt, responsible for multiple U.S. hospital breaches, which included data being sold on the dark web.

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man in prison behind bars
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Hospital hacker extradited to U.S., facing charges for extortion and fraud

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man in prison behind bars
Deniss Zolotarjovs, 33, of Moscow, is allegedly a member of Karakurt, responsible for multiple U.S. hospital breaches, which included data being sold on the dark web.
READ MORE >

CMS has received 12,000 complaints over No Surprises Act noncompliance—most were valid

In total, 10,300 complaints were made against providers and air ambulance services. The rest were for surprise bills from insurance plans.

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medical billing_2.jpg
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CMS has received 12,000 complaints over No Surprises Act noncompliance—most were valid

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medical billing_2.jpg
In total, 10,300 complaints were made against providers and air ambulance services. The rest were for surprise bills from insurance plans.
READ MORE >

Federal court strikes down FTC ban on noncompete contracts

On Tuesday, a federal court in Texas ruled the Federal Trade Commission overstepped its statutory authority in issuing the ban. It’s been officially halted, pending appeal.

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Judge bangs gavel
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Federal court strikes down FTC ban on noncompete contracts

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Judge bangs gavel
On Tuesday, a federal court in Texas ruled the Federal Trade Commission overstepped its statutory authority in issuing the ban. It’s been officially halted, pending appeal.
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McLaren confirms it was hit with ransomware; disruptions to last until September

The Michigan-based health system is not sure what data may have been taken during the breach. An investigation is ongoing.

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money cybersecurity ransomware health IT data breach hacker
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McLaren confirms it was hit with ransomware; disruptions to last until September

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money cybersecurity ransomware health IT data breach hacker
The Michigan-based health system is not sure what data may have been taken during the breach. An investigation is ongoing.
READ MORE >

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