Author: Scott Welch
The U.S. Department of Justice (DOJ) announced Thursday it has established a new task force to take on healthcare monopolies and collusion. The task force, called HCMC for short, will guide the division’s enforcement strategy and policy approach in healthcare, including by facilitating policy advocacy, investigations and, where warranted, civil and criminal enforcement in healthcare ...
Some of the most influential and wealthy groups in California politics are squaring off over legislation that would give California’s attorney general oversight of private equity firms and hedge funds acquiring major health care institutions.
For much of his young life, Jorge Sanchez regularly gasped for air, at times coughing so violently that he’d almost throw up. His mother whisked him to the emergency room late at night and slept with him to make sure he didn’t stop breathing. “He’s had these problems since he was born, and I couldn’t ...
Dr. Rebecca Mishuris remembers her mother, also a doctor, bringing home her patients’ medical charts every night and working on them long after she’d gone to bed. For years, Mishuris, a primary care physician at Brigham and Women’s Hospital, repeated the ritual herself. But no more. Since last summer, she’s been piloting two competing software ...
The federal Employee Retirement Income Security Act (ERISA) will mark its 50th anniversary this year, after being signed into law by President Gerald Ford on September 2, 1974. As modern business practices evolve far beyond the 1970s landscape that initially established ERISA, lawmakers are now considering significant changes to align the law with today’s challenges ...
Even if your genetics put you at greater risk for early death, a healthy lifestyle could help you significantly combat it, according to a new study. That risk could be mitigated by about 62% in people with a genetic predisposition, said lead author Dr. Xifeng Wu, dean of the School of Public Health at Zhejiang ...
The Retirement Security Rule, finalized on April 23, is polarizing and is sure to face significant legal challenges (one lawsuit has already been filed), because the rule applies a new, heightened fiduciary duty to the insurance industry.
The Reducing Drug Prices for Seniors Act would require prescription drug coinsurance payments for seniors on Medicare to be determined based on the lower net price of the medication, rather than its higher list price, according to Rosen’s office.
According to the DOL, the new fiduciary rule levels the playing field for insurance agents, brokers, financial planners and registered investment advisors to adhere to a best interest standard when providing investment advice.
Walmart (WMT.N), said on Tuesday it will close all 51 of its health clinics and shut its virtual health care operations, saying it could not see it as a sustainable business model to continue.