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Proposed law would boost physician pay | Hackers spent 2 weeks in hospital network | Exclusive Q&A with Medicaid director

News You Need to Know Today
Proposed law would boost physician pay | Hackers spent 2 weeks in hospital network | Exclusive Q&A with Medicaid director
Thursday, October 31, 2024
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Today's News and Trends

Bill introduced in Congress would raise physician reimbursement by 1.9%

The Medicare Patient Access and Practice Stabilization Act aims to change the annual Centers for Medicare and Medicaid Services physician fee schedule, which cut reimbursement by 2.8% for 2025. 

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Bill introduced in Congress would raise physician reimbursement by 1.9%

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The Medicare Patient Access and Practice Stabilization Act aims to change the annual Centers for Medicare and Medicaid Services physician fee schedule, which cut reimbursement by 2.8% for 2025. 
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Hackers were inside an Iowa hospital’s network for two weeks

St. Anthony Regional Hospital confirmed patient data was taken by cybercriminals, but the August incident is still being investigated.

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ransomware cybercrime
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Hackers were inside an Iowa hospital’s network for two weeks

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ransomware cybercrime
St. Anthony Regional Hospital confirmed patient data was taken by cybercriminals, but the August incident is still being investigated.
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Q&A: Medicaid evolving to meet the mental health and material needs of patients

The former Medicaid Director of Texas, Gary Jessee, tells HealthExec that state healthcare programs are raising the bar for care access and quality, even for patients covered by commercial plans. 

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Mental Health
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Q&A: Medicaid evolving to meet the mental health and material needs of patients

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Mental Health
The former Medicaid Director of Texas, Gary Jessee, tells HealthExec that state healthcare programs are raising the bar for care access and quality, even for patients covered by commercial plans. 
READ MORE >

Featured Articles

Private equity owns 900 patient care centers in Philadelphia, report finds

Physical therapy practices in greater Philadelphia are of particular interest to private equity firms, with 271 locations owned by six companies. The report comes from the Private Equity Stakeholder Project (PESP). 

 

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private equity corporatization business consolidation
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Private equity owns 900 patient care centers in Philadelphia, report finds

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private equity corporatization business consolidation
Physical therapy practices in greater Philadelphia are of particular interest to private equity firms, with 271 locations owned by six companies. The report comes from the Private Equity Stakeholder Project (PESP).  
READ MORE >

Pharmacy fined $39M for fraud after 7-day trial

Florida-based Assured RX was found to be complicit in billing a Connecticut health plan $10M, sending kickbacks to co-conspirators who formerly worked for the state. 

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Stark Law Kickback Erlanger
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Pharmacy fined $39M for fraud after 7-day trial

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Stark Law Kickback Erlanger
Florida-based Assured RX was found to be complicit in billing a Connecticut health plan $10M, sending kickbacks to co-conspirators who formerly worked for the state. 
READ MORE >

FDA issues Class I update on robotic arms due to risk of fire

A protective coating on Jaco Assistive Robotic Arms from Kinova could become damaged, leading to exposed metal causing an electrical fire when it comes into contact with a powered wheelchair.

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the words "FDA recall" on a board
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FDA issues Class I update on robotic arms due to risk of fire

Share on Twitter Share on Facebook Share on Linkedin
the words "FDA recall" on a board
A protective coating on Jaco Assistive Robotic Arms from Kinova could become damaged, leading to exposed metal causing an electrical fire when it comes into contact with a powered wheelchair.
READ MORE >

FDA issues Class I recall on tracheostomy tubes after 12 injuries

The Smiths Medical BLUSelect and related products have a manufacturing defect and must be removed from stocks immediately. 

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Smith Medical FDA issues BLU tracheostomy tubes FDA recall
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FDA issues Class I recall on tracheostomy tubes after 12 injuries

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Smith Medical FDA issues BLU tracheostomy tubes FDA recall
The Smiths Medical BLUSelect and related products have a manufacturing defect and must be removed from stocks immediately. 
READ MORE >

In Case You Missed It

Blue Cross settles largest healthcare antitrust case in history for $2.8B

The settlement also includes an agreement for operational changes at all of the insurer's 33 independent partners.

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Chicago - Circa May 2018: Blue Cross Blue Shield headquarters signage and logo.
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Blue Cross settles largest healthcare antitrust case in history for $2.8B

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Chicago - Circa May 2018: Blue Cross Blue Shield headquarters signage and logo.
The settlement also includes an agreement for operational changes at all of the insurer's 33 independent partners.
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Endoscopies at Vanderbilt exposed patients to HIV, hepatitis C

The exact number of patients potentially infected was not released. However, the botched procedures date back some six months. 

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Vanderbilt University Medical Center sign
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Endoscopies at Vanderbilt exposed patients to HIV, hepatitis C

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Vanderbilt University Medical Center sign
The exact number of patients potentially infected was not released. However, the botched procedures date back some six months. 
READ MORE >

In Other News

Boston Scientific TAVR valve comes up short in comparison with Medtronic, Edwards devices

The Acurate neo2 TAVR valve has been used to treat severe aortic stenosis in other parts of the world for years. In the United States, however, the device has still not been approved for commercial use.  

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Boston Scientific ACURATE neo2 aortic valve system self-expanding TAVR valve.
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Boston Scientific TAVR valve comes up short in comparison with Medtronic, Edwards devices

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Boston Scientific ACURATE neo2 aortic valve system self-expanding TAVR valve.
The Acurate neo2 TAVR valve has been used to treat severe aortic stenosis in other parts of the world for years. In the United States, however, the device has still not been approved for commercial use.  
READ MORE >

Downed high-flux reactor could restart sooner than anticipated

The announcement will come as welcome news, as nuclear medicine departments in numerous regions have been grappling with shortages of Mo-99 and Tc-99m.

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radiation.jpg
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Downed high-flux reactor could restart sooner than anticipated

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radiation.jpg
The announcement will come as welcome news, as nuclear medicine departments in numerous regions have been grappling with shortages of Mo-99 and Tc-99m.
READ MORE >

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