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US healthcare ranked worst | Employers face 6% premium hike | CVS subsidiary fined $60M by DOJ

News You Need to Know Today
US healthcare ranked worst | Employers face 6% premium hike | CVS subsidiary fined $60M by DOJ
Friday, September 20, 2024
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Today's News and Trends

Study ranks US health system dead last among wealthy nations

Low rankings for accessibility and outcomes earned the country the overall lowest ranking in an analysis of healthcare systems across 10 nations.

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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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Study ranks US health system dead last among wealthy nations

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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
Low rankings for accessibility and outcomes earned the country the overall lowest ranking in an analysis of healthcare systems across 10 nations.
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Companies face 6% spike in insurance premiums, will pass cost onto employees

Without deploying cost-saving measures, the price to provide workers with insurance could rise as much as 9%, a report from Mercer found. 

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Companies face 6% spike in insurance premiums, will pass cost onto employees

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hb_costs.jpg
Without deploying cost-saving measures, the price to provide workers with insurance could rise as much as 9%, a report from Mercer found. 
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CVS subsidiary Oak Street Health fined $60M for kickback scheme

Oak City Health paid $200 for every Medicare Advantage patient refereed to its clinics for services, the U.S Department of Justice said. 

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Department of Justice DOJ
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CVS subsidiary Oak Street Health fined $60M for kickback scheme

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Department of Justice DOJ
Oak City Health paid $200 for every Medicare Advantage patient refereed to its clinics for services, the U.S Department of Justice said. 
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Featured Articles

Landmark opioid trial in Baltimore set to begin; Johnson & Johnson settles to avoid jury

Six companies have settled with the city for as total of over $402M. Two remaining defendants, McKesson and AmerisourceBergen, will test their luck in court.

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pain pills opioids
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Landmark opioid trial in Baltimore set to begin; Johnson & Johnson settles to avoid jury

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pain pills opioids
Six companies have settled with the city for as total of over $402M. Two remaining defendants, McKesson and AmerisourceBergen, will test their luck in court.
READ MORE >

Walgreens pays $107M to resolve fraud accusations brought by DOJ

The company was accused of billing the government for prescriptions patients never received. Walgreens said the oversight was a result of a software error. 

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Walgreens pays $107M to resolve fraud accusations brought by DOJ

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The company was accused of billing the government for prescriptions patients never received. Walgreens said the oversight was a result of a software error. 
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Coalition of 86 healthcare groups calls for change to Affordable Care Act rule

In a letter to Congress, the groups are urging lawmakers to support HR 9001 and lift the ban on physician-run hospitals.

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Coalition of 86 healthcare groups calls for change to Affordable Care Act rule

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rural_road.jpg
In a letter to Congress, the groups are urging lawmakers to support HR 9001 and lift the ban on physician-run hospitals.
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FDA issues recall on infusion pump parts due to risk of uncontrollable drug flow

Due to a risk of fatal overdose, the recall is labeled as the most serious of its type. While no patients have died, two have reportedly been injured. 

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Recall
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FDA issues recall on infusion pump parts due to risk of uncontrollable drug flow

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Recall
Due to a risk of fatal overdose, the recall is labeled as the most serious of its type. While no patients have died, two have reportedly been injured. 
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In Case You Missed It

Rite Aid emerges from bankruptcy with $2.5B in new financing

The pharmacy chain is now a leaner private company, having dropped $2 billion in outstanding debts. 

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Rite Aid closing stores bankruptcy
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Rite Aid emerges from bankruptcy with $2.5B in new financing

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Rite Aid closing stores bankruptcy
The pharmacy chain is now a leaner private company, having dropped $2 billion in outstanding debts. 
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Report: Ransomware landscape changing, attacks down 16% since 2023

The rate of ransomware attacks may be slowing, but smaller players are causing havoc with targeted attacks, an analysis from Searchlight Cyber found.

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The American Hospital Association (AMA) is warning healthcare systems the Russians may attempt cyber attacks amid rising tensions of the war in Ukraine and the international community's response. #Ukraine #warinukraine #ukrainewar
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Report: Ransomware landscape changing, attacks down 16% since 2023

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The American Hospital Association (AMA) is warning healthcare systems the Russians may attempt cyber attacks amid rising tensions of the war in Ukraine and the international community's response. #Ukraine #warinukraine #ukrainewar
The rate of ransomware attacks may be slowing, but smaller players are causing havoc with targeted attacks, an analysis from Searchlight Cyber found.
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In Other News

PHOTO GALLERY: ASNC2024, the American Society of Nuclear Cardiology's annual meeting

The three-day event attracted nuclear cardiology specialists from all over the world.

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PHOTO GALLERY: ASNC2024, the American Society of Nuclear Cardiology's annual meeting

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The three-day event attracted nuclear cardiology specialists from all over the world.
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Brain anatomy differs between people with opposing political ideologies

New research indicates that conservatives have larger amygdalas than their more progressive-leaning counterparts.

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political brain imaging politics
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Brain anatomy differs between people with opposing political ideologies

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political brain imaging politics
New research indicates that conservatives have larger amygdalas than their more progressive-leaning counterparts.
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