Parents, children and children-at-heart — prepare yourselves. We are officially getting a “Kung Fu Panda 4” in 2024. Today in health, the House passed a massive legislative package with provisions included to lower the cost of prescription drugs, delivering a badly needed win for Democrats ahead of the midterms. Welcome to Overnight Health Care, where we’re following the latest moves on policy […]
More than 2,000 mental health workers at Kaiser Permanente sites in Northern California plan to begin an open-ended strike Monday over staffing levels and patient access. The psychologists, therapists, chemical dependency counselors and social workers represented by the National Union of Healthcare Workers say the not-for-profit integrated health system is failing to meet parity laws to ensure patients receive mental […]
The House moved Friday to pass a sweeping climate and health care bill, delivering a long-awaited legislative win to President Biden’s desk for his signature. The White House is preparing to deploy officials across the country to promote the historic action on climate change and lowering prescription drug costs contained in the bill, pitching it as a solution to ease […]
The bill would raise around $740 billion in revenue over the decade, over a third from government savings from lower drug prices. More would flow from higher taxes on some $1 billion corporations, levies on companies that repurchase their own stock and stronger IRS tax collections. About $300 billion would remain to defray budget deficits, a sliver of the period’s […]
Barbara Robinson was just trying to help her mother’s friend sign up for Medicaid and move into the Monroe County nursing home in Rochester, New York. But because Robinson signed the admissions form, the nursing home considered her financially responsible for the woman’s care, Anna Werner reported for CBS News. After the woman died, the county sued Robinson for $21,000 […]
“Regarding recent media reports, focused on potential M&A, we do not comment on market speculation and we will not answer questions on the topic,” Armbrester said. According to the letter sent to the state, the reduction in force is tied to the company exiting its episodes-of-care segment, in which it partnered with payers to participate in value-based care programs. During […]
Blue Cross Blue Shield of Michigan is partnering with Maven Clinic, a digital family health platform, to offer members additional family and maternity support, the health plan announced Wednesday. Maven Clinic’s platform will be available for the 2023 open enrollment period. Members of the insurer can use New York City-based Maven’s app. Once they log on and confirm they are […]
Humana will pay an undisclosed sum to buy Wisconsin-based Medicaid managed-care company Inclusa, cementing its foothold in the increasingly competitive market for dual-eligible patients. Inclusa provides long-term care services to approximately 16,600 older adults and individuals with disabilities, according to Humana. The deal, announced Friday, is subject to regulatory approval. Humana didn’t immediately respond to an interview request. The addition of […]
Just days after news surfaced that CVS Health (NYSE: CVS) was interested in purchasing Signify Health Inc. (NYSE: SGFY), separate reports came out saying the Dallas-based company planned to lay off nearly 500 people. Specifically, Signify will lay off a total of 489 people. The layoffs will affect people in states including Texas, South Dakota, New York and Connecticut. “We […]
Materna Medical recently closed one of the largest funding rounds ever in the women’s Ob-Gyn medical device space. The Mountain View, California-based company, founded in 2010, raised $22 million in Series B funding with lead investment from private equity firm InnovaHealth Partners. The round brings its total funding to date to more than $35 million. The money will help Materna […]