The U.S. and the United Kingdom reached an agreement in principle to address pharmaceutical pricing disparities and secure investment under the U.S.-U.K. Economic Prosperity Deal. According to a Dec. 1 news release from the U.S. trade representative’s office, the U.K.…
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Moody’s has upgraded the revenue bond rating of Baton Rouge, La.-based Franciscan Missionaries of Our Lady Health System “to A1” from “A2,” citing strong operating cash flow and robust liquidity. Six things to know: 1. The credit outlook remains positive…
The U.S. House of Representatives passed a bill Dec. 1 that would extend the CMS waiver to provide acute hospital care at home for five years. The Hospital Inpatient Services Modernization Act would continue the waiver, which is currently set…
Luigi Mangione, the 27-year-old accused of fatally shooting UnitedHealthcare CEO Brian Thompson last December, appeared in New York state court Dec. 1 for pretrial hearings that could shape which evidence jurors see at his upcoming trial. Mangione’s defense attorneys are…
A total of 518 U.S. hospitals have a catheter-associated urinary tract infection rate of zero, based on the healthcare-associated infections dataset from CMS. The Healthcare Associated Infections-Hospital database uses measures — developed by the CDC and collected through the National…
The American Hospital Association, Maine Hospital Association and four safety-net hospitals have filed a federal lawsuit to halt “unlawful” changes to the 340B drug pricing program, warning the shift could impose major financial harm on rural and underserved communities. Four…
Valdosta, Ga.-based SGMC Health has named Hilary Gibbs to serve as senior vice president and chief administrative officer. Ms. Gibbs will oversee strategic planning for the four-hospital system’s clinical, operational and financial performance, according to a Dec. 1 news release.…
The $7.5 billion opioid settlement involving Purdue Pharma took a major step forward Nov. 14 after the U.S. Bankruptcy Court for the Southern District of New York said it will confirm the company’s reorganization plan. The plan had been pending…
UChicago Medicine AdventHealth LaGrange (Ill.) has named Austin Rodgers CFO. Mr. Rodgers most recently served as executive director of corporate development for Altamonte Springs, Fla.-based AdventHealth, according to a Dec. 1 LinkedIn post from UChicago Medicine AdventHealth. In that role,…
Health systems across the U.S. are being confronted by four major forces during a “new era of unprecedented uncertainty,” according to a Nov. 18 McKinsey report. The impact of the forces — which could cause margin pressures of 2 to…