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News You Need to Know Today
Medline's $50B IPO | PBM hit by ransomware attack, data trove posted online | Couple arrested for $3M Medicaid fraud
Friday, October 31, 2025
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Today's News and Trends

Healthcare supply giant Medline announces IPO, valued at $50B

The company announced its IPO filing on Tuesday. Medline said it expects new investors to bring in a $5 billion influx of funds. A date has not been set for the stock’s listing on NASDAQ. 

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Healthcare supply giant Medline announces IPO, valued at $50B

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nasdaq stock market trading wall street
The company announced its IPO filing on Tuesday. Medline said it expects new investors to bring in a $5 billion influx of funds. A date has not been set for the stock’s listing on NASDAQ. 
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Russian cybercrime group hits PBM with ransomware

Hackers at Qilin claimed credit for a data breach at MedImpact, a pharmacy benefit manager serving insurance plans. The company said the incident is still under investigation, and so far it appears no protected health information was compromised.

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Russian cybercrime group hits PBM with ransomware

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RussiaMoscowPhoto
Hackers at Qilin claimed credit for a data breach at MedImpact, a pharmacy benefit manager serving insurance plans. The company said the incident is still under investigation, and so far it appears no protected health information was compromised.
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Married couple in New York arrested for stealing $3M from Medicaid

Rohail Raja, 45, and his wife, Sharma Alam, 45, are charged with first-degree grand larceny, which carries a possible penalty of 25 years in prison. The duo are accused of submitting fraudulent bills to Medicaid for transportation services they never delivered.

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Married couple in New York arrested for stealing $3M from Medicaid

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handcuffs arrested arrest jail
Rohail Raja, 45, and his wife, Sharma Alam, 45, are charged with first-degree grand larceny, which carries a possible penalty of 25 years in prison. The duo are accused of submitting fraudulent bills to Medicaid for transportation services they never delivered.
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Featured Articles

Community hospital in Colorado thwarts ransomware attack, says patient data is safe

Family West Health, a 25-bed facility, said it spotted a cyberattack this week that forced it to shut down IT systems. However, it confirmed patient care was not impacted.

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Cybercrime Cybercriminals Syndicate Group Gang
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Community hospital in Colorado thwarts ransomware attack, says patient data is safe

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Cybercrime Cybercriminals Syndicate Group Gang
Family West Health, a 25-bed facility, said it spotted a cyberattack this week that forced it to shut down IT systems. However, it confirmed patient care was not impacted.
READ MORE >

Pennsylvania woman accused of giving patients weight loss drugs meant for animals

The U.S. Department of Justice says Nicole Millen—who is neither a medical doctor nor a veterinarian—gave visitors to her clinics Chorulon, a drug meant for cows, without properly labeling it as for animal use only.

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avian flu H5N1 in domestic cattle cows
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Pennsylvania woman accused of giving patients weight loss drugs meant for animals

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avian flu H5N1 in domestic cattle cows
The U.S. Department of Justice says Nicole Millen—who is neither a medical doctor nor a veterinarian—gave visitors to her clinics Chorulon, a drug meant for cows, without properly labeling it as for animal use only.
READ MORE >

Court dismisses nurse practitioners’ lawsuit challenging definition of ‘doctor’

The court's ruling is backed by the American Medical Association, which submitted an amicus brief arguing that "scope creep" threatens patient safety. 

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American Medical Association AMA
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Court dismisses nurse practitioners’ lawsuit challenging definition of ‘doctor’

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American Medical Association AMA
The court's ruling is backed by the American Medical Association, which submitted an amicus brief arguing that "scope creep" threatens patient safety. 
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In Case You Missed It

What the DOJ looks for to spot healthcare fraud

Former principal assistant deputy chief of the U.S. Department of Justice's Healthcare Fraud Unit, Lisa Miller, explains what the DOJ is looking for in healthcare fraud cases.

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Lisa Miller, JD, former deputy assistant attorney general U.S. Department of Justice (DOJ) Criminal Division, a former principal assistant deputy chief of the DOJ healthcare fraud unit, and now a partner in the legal firm Sidley Austin LLP, explains what the DOJ is looking for in Medicare fraud cases.
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What the DOJ looks for to spot healthcare fraud

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Lisa Miller, JD, former deputy assistant attorney general U.S. Department of Justice (DOJ) Criminal Division, a former principal assistant deputy chief of the DOJ healthcare fraud unit, and now a partner in the legal firm Sidley Austin LLP, explains what the DOJ is looking for in Medicare fraud cases.
Former principal assistant deputy chief of the U.S. Department of Justice's Healthcare Fraud Unit, Lisa Miller, explains what the DOJ is looking for in healthcare fraud cases.
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Nonprofit investors seek ‘checks and balances’ at UnitedHealth

The Accountability Board has submitted an official proposal for UnitedHealth Group to separate its CEO and board chair positions, both currently held by Stephen Hemsley.

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UnitedHealthcare HQ Sign
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Nonprofit investors seek ‘checks and balances’ at UnitedHealth

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UnitedHealthcare HQ Sign
The Accountability Board has submitted an official proposal for UnitedHealth Group to separate its CEO and board chair positions, both currently held by Stephen Hemsley.
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In Other News

More good news for renal denervation: FDA-approved systems linked to positive long-term data

New data on the RDN systems from Recor Medical and Medtronic confirmed that this relatively new technology brings long-term relief to patients with uncontrolled hypertension. 

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Paradise Ultrasound image courtesy of Recor Medical. New data on the RDN systems from Recor Medical and Medtronic confirmed that this relatively new technology brings long-term relief to patients with uncontrolled hypertension.
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More good news for renal denervation: FDA-approved systems linked to positive long-term data

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Paradise Ultrasound image courtesy of Recor Medical. New data on the RDN systems from Recor Medical and Medtronic confirmed that this relatively new technology brings long-term relief to patients with uncontrolled hypertension.
New data on the RDN systems from Recor Medical and Medtronic confirmed that this relatively new technology brings long-term relief to patients with uncontrolled hypertension. 
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Hospital giant Intermountain Health to acquire Las Vegas radiology practice

The Salt Lake City-headquartered nonprofit is buying Steinberg Diagnostic Medical Imaging for an undisclosed sum, with the integration taking place sometime after Jan. 1. 

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Las Vegas
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Hospital giant Intermountain Health to acquire Las Vegas radiology practice

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Las Vegas
The Salt Lake City-headquartered nonprofit is buying Steinberg Diagnostic Medical Imaging for an undisclosed sum, with the integration taking place sometime after Jan. 1. 
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