Thursday, July 28, 2022 | Kaiser Health News

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The Pandemic Touring-Nurse Revenue Train Halts

The Wall Street Journal experiences on the standing of the touring nurse business. Individually, Fashionable Healthcare covers Medicare shell out hikes for some health care sectors. Other marketplace news handles Cassava Sciences, antimicrobial resistance, acceptance for a drug to address kids’ kidney ailment, and more.

The Wall Road Journal:
Traveling-Nurse Bubble Bursts

It was the greatest of periods, it was the worst of times…for nurses. Hospitals throughout the U.S. have experienced to dig deep to handle people throughout the Covid-19 pandemic as some of the most lucrative elements of their business enterprise, elective surgical procedures, have been consistently postponed. The flip aspect of that has been a bonanza for the corporations that assisted them preserve staffing amounts satisfactory as well as for the courageous and adaptable individuals who crammed those people positions. (Wainer, 7/27)

Fashionable Health care:
Rehab, Psychiatry And Hospice Get Medicare Pay Hikes

Inpatient rehabilitation services, inpatient psychiatric services and hospice vendors will see a boost in Medicare payment following fiscal year. In regulations issued Wednesday, the Facilities for Medicare and Medicaid Products and services finalized a 3.8% payment update for hospices, which quantities to an approximated $825 million maximize from 2022. Inpatient rehabilitation vendors will see an over-all 3.2% update, about $275 million extra, although inpatient psychiatric companies will get an over-all 2.5% pay back hike, in accordance to an company actuality sheet. (Goldman, 7/27)

In other field news —

Reuters:
Exclusive: Cassava Sciences Faces U.S. Legal Probe Tied To Alzheimer’s Drug, Resources Say

The U.S. Justice Division has opened a felony investigation into Cassava Sciences Inc (SAVA.O) involving no matter if the biotech enterprise manipulated investigate benefits for its experimental Alzheimer’s drug, two individuals common with the inquiry explained. (Taylor and Spector, 7/27)

CIDRAP:
Information-Sharing Initiative Aims To Assist Struggle Against Antibiotic Resistance

For all that is identified about the increase of antimicrobial resistance (AMR), much remains not known. But you can find hope that a new data-sharing effort released in June could assist unlock information and facts that may perhaps mitigate the worst elements of the “silent pandemic” of drug-resistant infections. (Dall, 7/27)

Reuters:
GSK Suggests U.S. Fda Approves Kidney Disorder Drug For Youngsters

GSK Plc explained on Wednesday the U.S. Food items and Drug Administration had cleared its kidney disease drug Benlysta for the therapy of kids aged 5 to 17 several years. The clearance can make Benlysta the first treatment method approved by the U.S. regulator for young children with lupus nephritis, a form of kidney swelling. (7/27)

Reuters:
Sanofi Lifts Gain Outlook As Dupixent Gross sales Surge 43%

In March the French team stated peak yearly sales of Dupixent, jointly formulated with Regeneron (REGN.O), would be a lot more than 13 billion euros, up from a preceding concentrate on of much more than 10 billion euros. Income from anti-inflammatory treatment method Dupixent jumped 43.4% to 1.96 billion euros in the noted quarter, beating an analyst consensus of 1.86 billion euros, on prescriptions in dermatitis, asthma and selected nasal bacterial infections. (Burger, 7/28)

Fashionable Health care:
Teladoc Posts Approximately A $10B Loss In To start with 50 percent Of 2022

Teladoc Health’s acquisition of Livongo proceeds to haunt its stability sheets as the Invest in, New York-primarily based company posted important losses in the to start with 50 % of 2022. Teladoc stated it posted a net reduction of $3.1 billion in the 2nd quarter of 2022 and a $9.7 billion reduction for the to start with 50 % of the 12 months. The losses are largely owing to a non-income goodwill impairment demand linked to the Livongo acquisition that totaled $9.6 billion in the initially 50 % of 2022. (Turner, 7/27)

Bloomberg:
Humana Shares Slide As Medical Fees Overshadow Earnings Beat

Humana Inc. shares fell just after better health care charges than Wall Avenue anticipated overshadowed beneficial earnings and a modest boost in the health insurer’s forecast for the calendar year. The company’s health care-loss ratio, a carefully watched evaluate of how significantly premium earnings is compensated out for health-related care, was 85.8%, increased than analysts’ forecast but in-line with the company’s anticipations. Shares declined as substantially as 3.5% in New York investing Wednesday. (Tozzi, 7/27)

Stat:
IQVIA Attorney Declines To Explore Experian Connection, But Pledges Privateness

IQVIA does not publicly go over its do the job with Experian. But a STAT investigation uncovered inner files demonstrating IQVIA personnel had lifted considerations about the adequacy of privateness safeguards surrounding the details, which included information on a lot more than 120 million people. (Ross, 7/28)

The Wall Street Journal:
Labcorp To Spin Off Clinical-Improvement Company

Laboratory Corp. of America Holdings strategies to spin off its unit focused on scientific drug trials, in accordance to persons common with the issue, a shift that will generate a new stand-by yourself corporation in the rapidly-growing contract-investigate sector. (Lombardo, 7/28)

On the national psychological overall health hotline, and nursing property debts —

KHN:
The US Psychological Health and fitness Hotline Community Is Growing, But Rural Parts Nevertheless Face Care Shortages

The National Suicide Avoidance Lifeline’s 988 mobile phone range, which introduced July 16, was built as a universal mental well being aid resource for callers at any time any where. But the U.S. is a patchwork of resources for crisis assistance, so what arrives following is not common. The degree of aid that 988 callers obtain is dependent on their ZIP code. (Saint Louis, 7/28)

KHN:
Nursing Properties Are Suing The Buddies And Spouse and children Of Residents To Obtain Money owed

Lucille Brooks was shocked when she picked up the mobile phone ahead of Christmas two years back and acquired a nursing property was suing her. “I imagined this was mad,” recalled Brooks, 74, a retiree who life with her partner in a modest household in the Rochester suburbs. Brooks’ brother experienced been a resident of the nursing residence. But she experienced no management over his income or authority to make conclusions for him. She wondered how she could be on the hook for his practically $8,000 monthly bill. (Levey, 7/28)

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