Healthcare utilization and spending over the short term increases when low-income, less healthy patients gain access to primary care, but costs will likely be lower in the long run, experts said.
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Healthcare news this week …
Elizabeth Holmes, a Stanford University dropout once billed as the "next Steve Jobs," has forfeited control of Theranos, the blood testing startup she founded, and will pay $500,000 to settle charges that she oversaw a "massive fraud."
Using data in the association's cloud-based Precision Medicine Platform, the two organizations will pursue prediction, prevention and treatment techniques for cardiovascular diseases.
The deal between Centene and RxAdvance is the latest example of insurers buying or investing in PBMs to gain more control over pharmaceutical costs.
Errors related to diagnosis accounted for 33% of medical malpractice claims from 2013 to 2017, beating out all other reasons for such lawsuits and highlighting the challenges physicians face in making clinical decisions.
CVS Health and Aetna shareholders signed off on the proposed $69 billion merger of the two healthcare companies, which is expected to close in the second half of this year. Now they await the federal government's approval.
Republican members of the House Energy and Commerce Committee have launched an investigation into the hospital accreditation process, following a report last year that found the Joint Commission accredited hospitals with major safety issues.
Andrew Witty will lead UnitedHealth's fast-growing Optum unit, while Larry Renfro will head the company's newly expanded venture capital fund, Optum Ventures.
Congress failed to approve a measure that would provide another avenue for terminally ill patients to get access to experimental drugs.
University Hospitals now faces multiple lawsuits following an incident at its Fertility Clinic that compromised hundreds of eggs and embryos stored in liquid nitrogen.