The decadelong decline of independent physicians rolled on in 2022 and 2023 with a new high of 77.6% doctors employed by hospitals or other corporate entities as of the new year, according to a new report. The past two years saw that share increase by 5.1%, according to the Physicians Advocacy Institute-commissioned report prepared by Avalere. Prior ...

The RansomHub hacking group is starting to share snippets of the data stolen from Change Healthcare’s networks during a recent attack. Why it matters: Initial screenshots published Monday and seen by Axios suggest that hackers have stolen a trove of sensitive information, including patients’ hospital bills, financial documents and company contracts. There’s currently a countdown on ...

The U.S. Supreme Court is considering jointly two cases, Loper Bright Enterprises v. Raimondo and Relentless, Inc. v. Department of Commerce, that could affect the impact of federal regulations in implementing laws passed by Congress. Although these cases are focused on regulations pertaining to the fishing industry, the court’s decision could have significant implications for numerous other policy ...

The DOL's latest iteration, proposed in 2023 and soon to become final, will ensure that advisors prioritize their clients' best interests when recommending investments, prompting employers to make necessary adjustments.

The fallout from a February cyberattack against Change Healthcare, the largest billing and payment system in the U.S., has left thousands of doctor practices financially hurting, with 80% of physicians reporting “lost revenue from unpaid claims,” according to a survey by the American Medical Association. The AMA, which is the nation’s largest doctor group, said ...

Tax day is here. While Americans are scrambling to file last minute returns, things are somewhat more complicated for corporations. Corporations are supposed to pay a nominal tax rate of 21%. But in recent years, the biggest pharmaceutical companies had an average effective tax rate of less than 12%, according to an analysis by the Senate Finance ...