Oscar Health (OSCR) CEO Mark Bertolini sits down with Seana Smith, Madison Mills, and Anjalee Khemlani on Yahoo Finance's Catalysts, addressing some of the various frustrations Americans have with the state of the US healthcare system.
New York prosecutors have charged Luigi Mangione with murder in the assassination of UnitedHealthcare CEO Brian Thompson, hours after he was apprehended at a McDonald’s in Altoona, Pennsylvania, on Monday.
A Fortune 500 pharmaceutical company raised its drug prices, and then board members and executives received phone calls threatening violence. A health care company's board meeting was disrupted after board members were targeted in "swatting" attacks that wrongly sent law enforcement officers to their homes. These incidents happened before the fatal shooting of Brian Thompson, UnitedHealthcare's chief executive, in Midtown Manhattan on Wednesday. The police had not offered a motive for the shooting as of Thursday night, or said it was related to Mr. Thompson's work in the insurance industry. The killing, however, stunned business leaders, some of whom were already concerned about safety. Over the last five years, there has been a sharp rise in targeted attacks, digital and offline, of executives and their families.
Over 500 hospitals have closed their labor and delivery departments since 2010, according to a large new study, leaving most rural hospitals and more than a third of urban hospitals without obstetric care.
The killing of Brian Thompson, the CEO of the insurance division of UnitedHealth Group, provided a window into the vitriol that prominent healthcare leaders have been facing. Workers across healthcare face safety risks. People employed in the industry are about five times more likely than people in other private industries to experience workplace violence.
Tower Health COO and President Michael Stern has been promoted to CEO, effective February 24, 2025. Stern will oversee the next stage of Tower Health's progress, including implementing our three-year strategic plan and new Tower Experience initiative. Current CEO P. Sue Perrotty will return to the Tower Health Board of Directors. Her final day as Tower Health CEO will be February 23, 2025 – a full-circle moment as the date will mark the fourth anniversary of her tenure.