Over the past decade, pharmaceutical companies have released carefully curated 'price transparency' reports that make it appear the prices of their medicines are barely increasing — or even going down. But the reports disclose no pricing information about specific drugs, manipulating the reality of how much Americans spend on prescription drugs.
The 49-bed DeSoto Memorial Hospital in Arcadia issued a request for proposals that could lead to new ownership or outside control — just as looming Medicaid cuts and a wave of rural hospital closures leave communities like this one increasingly vulnerable. The hospital’s RFP invites bids for a long-term lease, merger, joint venture, affiliation or outright sale to another health care organization. Proposals are due Oct. 1, and at least four healthcare organizations have requested tours since the request was published at the end of June.
CMS on Tuesday issued a proposed rule that would increase Medicare hospital outpatient prospective payment system rates by a net 2.4% in calendar year 2026 compared to 2025. This includes a proposed 3.2% market basket update, offset by a 0.8 percentage point cut for productivity.
Genesis HealthCare officials said the Chapter 11 bankruptcy filing will allow the company to restructure its debt while maintaining operations at its facilities. The healthcare operator, with 175 properties in 18 states, filed for Chapter 11 bankruptcy protection Wednesday in the Northern District of Texas, listing more than $1.5 million in unsecured debt to creditors in missed rental payments, pension fund contributions and other unpaid, rendered services.
President Donald Trump's new budget bill is expected to push almost 12 million Americans off their health insurance, creating long-term financial issues for states and healthcare providers, according to a S&P Global report. The One Big Beautiful Bill Act makes substantial cuts to Medicaid, the public health insurance program for low-income and disabled people. In the long term, that reduced funding could hurt the balance sheets of state governments and hospitals alike, according to the report released Monday.
Astrana Health announced on Wednesday that it has completed the acquisition of Prospect Health, with a deal price of $708 million, down from the previously stated $745 million.