After over seven years as chief financial officer of the Lake Health District (LHD), Cheryl Cornwell’s last day will be Dec. 31. She will be moving to Washington to be closer to her family. Cornwell was candid about the fact that she is choosing to move due to her recent divorce.
IRhythm Technologies Inc., which has drawn the wrath of short sellers as shares have more than tripled this year, could receive key reimbursement decisions in coming weeks that will shape its sales. Regional contractors that work with the U.S. government to decide how much IRhythm will be reimbursed for use of its products are expected to weigh in, after the Centers for Medicare & Medicaid Services updated its coding at the start of this month.
Members of the wealthy Sackler family, owners of OxyContin maker Purdue Pharma LP, have long denied that the $10 billion they transferred from their company over the course of a decade was an unlawful attempt to shield assets in anticipation of litigation over their role in the opioid crisis.
After years of being stymied by well-funded interests, Congress has agreed to ban one of the most costly and exasperating practices in medicine: surprise medical bills. Surprise bills happen when an out-of-network provider is unexpectedly involved in a patient’s care.
In 2006, Montefiore Medical Center in the Bronx had healthier patients, just enough nursing staff to take care of them, and a CEO who was earning $2 million a year, a senior nurse and union leader told The Intercept. Fifteen years later, its patients are sicker than ever before, its staffing levels are inadequate, and, as of 2018, its new CEO is earning $13 million per year.
Tenet’s USPI is in the middle of a transformation in which it plans to focus more of its operations on less capital-intensive, lower cost-of-care settings.