Thousands of retired Black professional football players, their families and supporters are demanding an end to the controversial use of “race-norming” to determine which players are eligible for payouts in the NFL’s $1 billion settlement of brain injury claims, a system experts say is discriminatory. Former Washington running back Ken Jenkins, 60, and his wife Amy Lewis on Friday delivered 50,000 petitions demanding equal treatment for Black players to Senior U.S. District Judge Anita B. Brody in Philadelphia, who is overseeing the massive settlement. Former players who suffer dementia or other diagnoses can be eligible for a payout.
Oscar Health Inc. stock rose nearly 3% late Thursday after the digital health-insurance company reported its first results as a public company, missing Wall Street expectations but showing more subscribers than expected. Oscar said it lost $87.4 million, or 98 cents a share, in the first quarter, compared with a loss of $96.9 million, or $3.36 a share, in the year-ago quarter. Revenue rose to $369 million, from $88.4 million a year ago, the company said. Analysts polled by FactSet had expected Oscar to report a GAAP loss of 53 cents a share on sales of $598 million. Its membership grew 29%, it said. "We achieved very attractive first-quarter growth, while simultaneously lowering our medical loss ratio and administrative cost ratio year-over-year," Chief Executive Mario Schlosser said in a statement. Shares of Oscar ended the regular trading day down 7.4%. Oscar went public in March.
Cash transfers go directly to people in need, while health insurance expansions pay mainly for care that the uninsured already receive, an economist says.
Paul Fridenstine has been named chief financial officer (CFO) of Parkridge West Hospital, Parkridge North ER and the four-campus Parkridge Valley behavioral health system. In this role, Fridenstine will oversee all financial aspects of each campus. Mr. Fridenstine has accumulated 25 years of accounting experience with more than 13 years spent in healthcare.
The COVID-19 pandemic reinvigorated our conviction in the resiliency and recession-proof nature of healthcare real estate, insight we initially gleaned from the 2008 financial crisis. The healthcare real estate sector is built to succeed and supported by strong fundamentals including long-term leases, specialized build-outs, stable occupancy, and high performing tenants, all of which are bolstered by growing demand for healthcare services.