News

JPMorgan Chase has acquired InstaMed, a technology company with a focus in healthcare payments, for a purchase price of more than $500 million.

Avoidable hospital deaths are on the decline, according to recent estimates from the Leapfrog Group for Johns Hopkins University School of Medicine.

The American Hospital Association has outlined a seven-step approach specifically tailored to health system leaders to address burnout in healthcare.

CMS finalized a rule that aims to boost transparency of the cost of prescription drugs in Medicare Part D and enable Medicare Advantage plans to negotiate better prices for medicines. Notably, the final version backs off a controversial proposal that would have allowed Medicare Part D plans to exclude certain drugs if prices rise beyond a threshold.

 

A top executive at the healthcare joint venture between Amazon, Berkshire Hathaway and JPMorgan Chase––Haven––has stepped down, according to CNBC. Chief operating officer Jack Stoddard, formerly general manager for digital health at Comcast, is reportedly leaving his position for personal reasons after just nine months at the company.

As healthcare operators continually rely on medical devices in workflows, unsupported devices are likely to become more vulnerable to cyberattacks.

Physicians are bringing in more revenue at hospitals in 2019 than previously, according to a recent report from Merritt Hawkins.

CMS has issued a new guidance to limit the prevalence of spread pricing in Medicaid and the Children’s Health Insurance Program (CHIP) as part of a broader effort to lower prescription drug costs.

Civica Rx, a not-for-profit drug company startup that aims to provide more affordable drugs, inked a new deal to distribute antibiotics with Xellia Pharmaceuticals, a specialty pharmaceutical company based in Copenhagen that develops, manufactures and commercializes anti-infective treatments.

Rural hospitals are closing at a quick pace, leaving communities at a loss after sometimes long-standing institutions shutter their doors. In Fort Scott, Kan., the closure of a 132-year-old hospital had to be reckoned with, and the closure brings up the question of if small towns need a traditional hospital at all, NPR reported.

Physicians are a hot commodity right now, with demand for the role rising around the country. That makes finding a job for newly trained physicians easier, according to a new survey from Merritt Hawkins, a physician recruiting firm.

The next step in the ongoing saga of the $69 billion merger between CVS Health and Aetna is scheduled for June 4. That’s when a hearing is set in the U.S. District Court for the District of Columbia, where six witnesses made up of industry stakeholders will testify as U.S. District Judge Richard Leon will decide whether the deal can be finalized.