Health Care / Medicine
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Government, Health Care / Medicine
Nearly 2,000 Organizations Urge Congress To Pass PBM Reform
A coalition of nearly 2,000 employers, patient advocates, pharmacies, providers and businesses sent a letter to Congress urging the passage of legislation that would reform PBM practices. -
Health Care / Medicine
Europe Imposes Maximum Fine On Illumina For Early Grail Acquisition
Illumina must pay a €432 million fine for closing its Grail acquisition before the European Commission finished its inquiry into the tie-up. The penalty is the maximum amount the regulator can impose on a company for breaching European merger rules. - Sponsored
The Business Case For AI At Your Law Firm
ChatGPT ushers in the age of generative AI – even for law firms. -
Health Care / Medicine
Health Connect America Gets Fined $4.6M For Wrongful Billing of Medicaid
Health Connect America, a mental health company, improperly billed Virginia Medicaid for three different behavioral health services for children, according to the U.S. Attorney’s Office of Western District of Virginia.
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Health Care / Medicine
Hospitals Have Concerns About CMS’ Proposed $9B Lump Sum Payment For Illegal 340B Cuts
In general, hospital groups have reacted positively to the fact that 340B providers will receive lump sum payments but have expressed concern about CMS’ methods for maintaining budget neutrality with this plan. -
Finance, Health Care / Medicine
Digital Health’s H1 Funding Landscape: Slimmer Checks, Fewer Deals & A Smaller Investor Pool
If things continue at the pace the sector has maintained throughout the first half of the year, 2023 will mark the field's lowest yearly fundraising total since 2019, according to a new report. -
Government, Health Care / Medicine
Biden Administration Takes Action Against Junk Insurance, Surprise Bills
The Biden Administration is proposing that short-term health plans are limited to three months, or a maximum of four months if they’re extended. It comes after the Trump Administration allowed members to stay on the plans for 12 months and renew them for three years. The plans are often limited in coverage and leave consumers with high medical costs. -
Health Care / Medicine
Have Insurtechs Truly Disrupted The Mainstream Health Insurance Industry?
Insurtechs like Bright Health Group, Clover Health and Oscar Health set out to disrupt health insurance — but have they actually done so? Not in a positive way, several experts say. -
Health Care / Medicine
Medical Expenses Will Rise By 7% Next Year, Report Predicts
The estimate is higher than the projected medical cost trends in 2022 and 2023 -- which were 5.5% and 6.0%, respectively. - Sponsored
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The rise of remote work has dramatically reshaped the relationship between Lawyers and Law Firms, see how Scale LLP has taken the steps to get… -
Morning Docket
Morning Docket: 07.06.23
* Employers are finally stepping up and suing health insurers for continually screwing over employees in case you’re looking for a lawsuit with the least sympathetic defendants imaginable. [Bloomberg Law News]
* It’s arraigning men… or at least one man as Walt Nauta heads to the courthouse today. [Reuters]
* AI won’t disrupt the legal world for a good while yet. [LegalCheek]
* Cop shows never read the second half of Miranda and it shows. [ProPublica]
* Did you know not to use a Sharpie for redactions? I thought everyone did, but apparently not. [Legaltech News]
* JetBlue won’t appeal antitrust loss in bid to secure larger market share a different way. [Law360]
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Health Care / Medicine, Technology
Providers Should Beware Of Ransomware Gang Clop & The Latest Software Vulnerability It’s Targeting
Clop, a Russian ransomware gang known for going after healthcare providers, has been recently exploiting a software vulnerability called MOVEit. Johns Hopkins University and its health system were recently victims of a data breach caused by hackers targeting this vulnerability, as was Texas-based Harris Health System. -
Health Care / Medicine
How Can Providers Respond To The Wave Of Laws Banning Gender-Affirming Care For Minors?
Providers must educate themselves about the laws in their state and nearby states, fight misinformation, and collaborate with nonprofits to deliver care to kids in states where their access is under attack. -
Courts, Health Care / Medicine
Lawsuits Against Medicare Drug Negotiations Are Mounting, But They Probably Won’t Be Able To Stop The Plan
However, these lawsuits still could delay when the government's ability to negotiate price goes into effect. -
Government, Health Care / Medicine
New York Signs Law To Protect State Providers Providing Abortion Drug Telemed Services To Out-Of-State Patients
New York Governor Kathy Hochul signed new legislation that will protect the state's doctors, medical providers, and facilitators who prescribe abortion care telehealth services to patients outside of New York from litigation in states where abortion services are banned or restricted.
Sponsored
The Business Case For AI At Your Law Firm
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
Generative AI In Legal Work — What’s Fact And What’s Fiction?
Sponsored
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
Legal AI: 3 Steps Law Firms Should Take Now
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Finance, Health Care / Medicine
PwC: Healthcare Deals Remained Strong In 2023 Despite Headwinds
In the 12 months leading up to May 15, health services deal volumes decreased just 4% from the year prior, a new report from PwC found. There was a 15% decrease in deal values. -
Health Care / Medicine
Deloitte: Employers Could Have A Significant Impact On Employees’ Lifespans
A new Deloitte report shows that if changes are made, Americans’ average lifespan could reach 90 years by 2040, with 85 of those years being in good health. -
Government
Feds Warn Healthcare Providers About ‘Obscure’ Ransomware Gang
HC3 recently warned healthcare providers about a ‘relatively unknown’ ransomware gang named TimisoaraHackerTeam. The group leverages legitimate software tools like Microsoft’s BitLocker and Jetico’s BestCrypt to deliver its malware. -
Health Care / Medicine
How Planned Parenthood’s CEO Wants Insurers To Support Reproductive Health
Health insurers can support the fight for reproductive health rights by improving their benefits and using their power to enact change with lawmakers, said Alexis McGill Johnson, president and CEO of Planned Parenthood Federation of America and the Planned Parenthood Action Fund. She made these comments at the AHIP 2023 conference in Portland. -
Biglaw, Health / Wellness
Skadden Associate With ALS Stars In 'No Ordinary Campaign,' Documenting His Fight To Cure The Disease
He doesn't know how much time he has left, but he wants to make it matter. -
Finance
Short Seller Fails To Convince Novartis That Other Pharma Is Full Of It About Kidney Drug
The giant is paying $3.5 billion to cost Carson Block and others $58 million. -
Government, Health Care / Medicine
How California’s New Legislation Could Affect Healthcare M&A Activity
This is a legislative trend other states are beginning to participate in too — such as New York, Massachusetts, and Connecticut.