Two days after Modivcare (Nasdaq: MODV) announced that its former CEO Dan Greenleaf has been replaced, Interim CEO L. Heath Sampson painted a rosy picture of the company’s future. Greenleaf, while at the helm, helped the company execute on multiple massive deals, including its acquisitions of the personal care providers Simplura Health Group and CareFinders – for $575 million and […]
The Biden administration is considering splitting doses of the smallpox vaccine, which are being used to prevent monkeypox amid the current outbreak, into five smaller doses, the head of the Food and Drug Administration (FDA) said Thursday. FDA Commissioner Robert Califf said during a briefing that his agency was looking into possible solutions to increase the number of available doses […]
The Federal Trade Commission won $17.6 million in two separate victories against companies that sold PPE gear at the beginning of the pandemic and defrauded consumers, according to a news release. This week, the FTC announced that the commission won cases against California-based QYK Brands, doing business as Glowy, and Louisiana-based American Screening LLC. The FTC alleged that both companies […]
Health Tech Am I having a staring contest with the future of digital health? Who’s gonna blink first? How has demand gotten so low? What is going on? Tune in to this episode of Health Tech Deals to hear Jess and I hash things out, and to hear more new deals: Everside Health raises $164 million; Particle Health raises $25 […]
Providers may soon find it easier to get prior authorization decisions from Medicare Advantage plans under legislation moving through Congress. A key House committee advanced a bill last week that would streamline prior authorization requirements for Medicare Advantage carriers, which providers and patients say are long overdue for change. Groups lobbying in favor of the bill hope it will be […]
Can’t see the audio player? Click here to listen on Acast. You can also listen on Spotify, Apple Podcasts, Stitcher, Pocket Casts, or wherever you listen to podcasts. Voters in Kansas told the rest of the country this week that they don’t want their state to ban abortion. In a nearly 60%-40% split, voters turned back an effort by anti-abortion […]
The Biden administration on Thursday officially declared monkeypox a public health emergency, a move that’s aimed at freeing up emergency funding and improving distribution of vaccines and treatments. “We are prepared to take our response to the next level in addressing this virus, and we urge every American to take monkeypox seriously and to take responsibility to help us tackle […]
Under the traditional model hospitals use to fill physician roles, they pay recruiters a hefty fee to send mass outreach messages. These recruiting services are not only costly for hospitals, but they also use a “spray and pray” approach that is ineffective at finding the right candidate, flipMD CEO Lauren Hanson said in an interview. Hanson co-founded flipMD with her […]
THCB Gang Joining Matthew Holt (@boltyboy) for the 100th #THCBGang on Thursday August 4 at 1pm PT 4pm ET Suntra Modern Recovery CEO JL Neptune (@JeanLucNeptune); Consumer advocate & CEO of AdaRose, Lygeia Ricciardi (@Lygeia); fierce patient activist Casey Quinlan (@MightyCasey); and the Light Collective’s Andrea Downing. Expect a lot of chat about data and privacy! You can see the video below […]
Cigna saw net income rise 6.2% to $1.5 billion in the second quarter because of less emergency department and surgery utilization and lower direct costs associated with the COVID-19 pandemic, the company reported Thursday. The decline in spending on care for fully insured customers, along with repricing in the insurer’s government-sponsored business, drove Cigna’s medical loss ratio down to 80.7%. The […]