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Industry News

Aug 17, 2018

A surge of external forces, new partnerships and a collective outcry to fundamentally change healthcare's status quo aim to force the relatively stagnant healthcare industry to adapt, with a select group of stakeholders looking to lead the charge.

For the most part, the healthcare industry hasn't been able to get out of its own way, as it has withstood new competitors and consumer demands that have overhauled transportation, retail, banking and other industries.

While...

Aug 17, 2018

It's been a wild ride. While the industry has moved on from last year's debate over repealing the Affordable Care Act, there's been no shortage of drama. “Disruption” has become the word of the year and our 17th annual ranking of the 100 Most Influential People in Healthcare aims to reflect the changes that are taking hold across the industry.

Even though the ACA repeal failed, President Donald Trump has used his bully pulpit and executive power to dramatically reshape the...

Aug 17, 2018

In health policy circles, President Donald Trump can be viewed as the other side of the same coin from his predecessor, Barack Obama. Both have caused seismic shifts in the healthcare landscape but in different ways.

“President Obama developed an entirely new national health insurance system,” said Sara Rosenbaum, a professor of health law and policy at George Washington University. “President Trump has demonstrated just how easy it can be to tear it apart.”

Since Trump took...

Aug 17, 2018
Aug. 20-23: The industry may not have yet achieved broad interoperability, but it's not for lack of talking about it. Data exchange will be one of the topics discussed at the annual Public Health Informatics Conference, hosted by the National Association of County and City Health Officials and the Centers for Disease Control and Prevention. At one of the sessions, conference-goers will talk to a representative from the Office of the National Coordinator for Health Information Technology about...
Aug 17, 2018
Fifty years ago, two doctors, Thomas Frist Sr. and Thomas Frist Jr., and businessman Jack Massey launched a healthcare business out of a small home near Nashville. Hospital Corporation of America's mission was to “provide superior healthcare with warmth and compassion for patients, colleagues and communities.”

On Aug. 14, two members of a newer generation of the founding family, Thomas Frist III and his brother Bill, joined HCA Chairman and CEO Milton Johnson and several current senior...

Aug 17, 2018
Everybody wants a SLICE of the fast-growing, money-making Medicare Advantage sector. The latest taker is Oscar Health, which has until now focused on snapping up individual commercial members that other health plans left behind when fleeing the Affordable Care Act exchanges.

Now the New York insurance startup, backed by a $375 million investment from Google's parent company, Alphabet, hopes to stake a claim in the Advantage business where there is no shortage of experienced competitors....

Aug 17, 2018

Two health systems and a leading outpatient surgery provider are forming a joint venture they say will give patients more choices in where to get care.

HPI Holdings and Integris Health, both Oklahoma City, Okla.-based health systems, and United Surgical Partners International have signed an agreement to form a joint venture that the parties expect will close in the fourth quarter.

The trio's news release was light on details, and none of them responded to requests for further...

Aug 17, 2018

Three chambers of commerce in Nevada will be among the first small business groups in the country to offer an association health plan, taking advantage of a new Trump administration rule to sidestep Affordable Care Act rules and offer cheaper plans.

The Henderson, Boulder City and Latin chambers of commerce in Clark County, Nevada, filed notice Friday that starting Sept. 1, they will launch several fully insured plans, including an HMO, a PPO and a point of service plan through...

Aug 17, 2018

The Department of Justice and U.S. Drug Enforcement Agency proposed reducing manufacturing quotas for the six most frequently abused opioids by an average of 10% in 2019, the agencies announced Friday.

The DEA has proposed to reduce more commonly prescribed schedule II opioids including oxycodone, hydrocodone, oxymorphone, hydromorphone, morphine and fentanyl. Since 2016, production quotas for those drugs have dropped by an average of 44%, according to the DOJ and DEA.

The...

Aug 17, 2018

The condom, the pill and now, the smartphone?

Natural Cycles, a mobile fertility app, this month became the first ever digital contraceptive device to win FDA marketing approval. Women take their temperatures and track their menstrual cycle on the app, which uses an algorithm to determine when they're fertile and should abstain from unprotected sex or use protection. In effect, it's a form of the rhythm or calendar method.

The Swedish startup says it's effective and lets women...

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