Medicare Advantage Saves Lives, Limbs, Sight, And Major Amounts of Money – (Part 1)

Medicare Advantage Saves Lives, Limbs, Sight, And Major Amounts of Money – (Part 1)

BY GEORGE HALVERSON Former Kaiser Permanente CEO George Halvorson has written on THCB on and off over the years, most notably with his proposal for Medicare Advantage for All post-COVID. He wrote a piece in Health Affairs last year arguing with the stance of Medicare Advantage of Don Berwick and Rick Gilfillan (Here’s their piece pt1, pt2). We also published his criticism (Part 1. Part 2. Part 3) […]

Hospitals reduce services over staffing concerns

Hospitals reduce services over staffing concerns

Memorial Hospital of Carbon County lost five labor and delivery nurses to travel jobs during the COVID-19 pandemic. For a department made up of just 12 people, the impact was immense. The hospital turned to contract workers and paid three to four times as much for nurses to fill vacancies so the maternity department could operate. “It’s not something that could be […]

Health Care — CDC panel gives go-ahead to updated booster shots

Health Care — CDC panel gives go-ahead to updated booster shots

If you ever find yourself dealing with an airline cancellation or delay, the Department of Transportation has now launched a dashboard to help you better understand the policies of major airlines.  Updated COVID-19 booster shots got the green light from a CDC panel ahead of a fall campaign of shots. Welcome to Overnight Health Care, where we’re following the latest moves on […]

Novo Nordisk to buy sickle cell disease biotech Forma Therapeutics in $1.1B deal – MedCity News

Novo Nordisk to buy sickle cell disease biotech Forma Therapeutics in $1.1B deal – MedCity News

Novo Nordisk announced a big purchase on Thursday to augment its rare disease portfolio.  The Danish pharmaceutical giant is shelling out $20 per share in cash to acquire clinical-stage biotech Forma Therapeutics, which focuses on rare hematologic diseases. The deal represents a total equity value of $1.1 billion, about $425 million more than Forma’s current market cap. The transaction is […]

The Rise of the Virtual Nurse

The Rise of the Virtual Nurse

Vanderbilt University Medical Center in Nashville, Tenn., uses mobile devices with audio and video capabilities for its “virtual sitter” program, which allows nurses to monitor multiple patients at once. “They kind of look like a robot that you would see in a cartoon,” Karen Hughart, senior director of nursing informatics at VUMC, says of the devices. VUMC’s virtual sitter program […]

Home- And Community-Based Services Make Up $69.5 Billion Of Fee-For-Service Medicaid Expenditures

Home- And Community-Based Services Make Up $69.5 Billion Of Fee-For-Service Medicaid Expenditures

Total Medicaid managed care spending across all 50 states saw an increase last year. In fact, spending checked in at $420.5 billion in 2021, compared to $359.6 billion in 2020, according to data collected in the annual CMS-64 Medicaid expenditure report. Additionally, home and community-based services make up a big chunk of this spending. At $69.5 billion, these services are […]

Medable rolls out new decentralized trial software for speedier vaccine development – MedCity News

Medable rolls out new decentralized trial software for speedier vaccine development – MedCity News

Medable is arguably the strongest company in the decentralized clinical trials space. If fundraising is any measure of success, the company has raised more than $521 million since its founding in 2012  — significantly more than its competitors, which include Curebase, Science 37 and Clara Health.  On Tuesday, Medable made its product offerings more robust by rolling out two new […]

Wellstar Health System to close Atlanta Medical Center

Wellstar Health System to close Atlanta Medical Center

Wellstar Health System plans to close Atlanta Medical Center, a 532-bed hospital that has shouldered a disproportionate load of the area’s uncompensated care.  The not-for-profit system will start winding down services and close the hospital by Nov. 1 after determining the facility cannot sustain waning revenue and surging labor and supply costs, Wellstar said in a news release issued late Wednesday. Atlanta […]

THCB Gang Episode 103, Thursday September 1, 1pm PT 4pm ET

THCB Gang Episode 103, Thursday September 1, 1pm PT 4pm ET

THCB Gang Joining Matthew Holt (@boltyboy) on #THCBGang today at 1pm PT 4pm ET are THCB regular writer and ponderer of odd juxtapositions Kim Bellard (@kimbbellard); the double trouble of vaunted futurists Ian Morrison (@seccurve) & Jeff Goldsmith, and Consumer advocate & CEO of AdaRose, Lygeia Ricciardi (@Lygeia). If you’d rather listen, the “audio only” version it is preserved as […]