Central Maine Healthcare has entered into an agreement to be purchased by the California-based non profit Prime Healthcare Foundation. Under the deal, still pending regulatory review, Prime will invest $150 million in Central Maine Healthcare.
Transcarent CEO Glen Tullman spent much of 2024 hinting that his health benefits upstart might be shopping around for acquisitions, and just over a week into the new year, he’s making good on it: Transcarent on Wednesday announced it will buy Accolade, another benefits company, for $621 million — more than double Accolade’s value on the stock market the day before.
The 162-page report by the Senate Budget Committee comes as Americans continue to express outrage over the role of corporations in the U.S. healthcare system, following the December killing of the CEO of the nation's largest health insurer. And its findings add to a chorus of lawmakers trying to address the detrimental impact of private equity ownership on critical U.S. hospitals.
Forget going to the doctor’s office; these companies are putting the power of tracking every aspect of your health into our own hands. But do you really want to know?
Healthcare CIOs and CISOs are monitoring the recent Office for Civil Rights (OCR) at the U.S. Department of Health and Human Services (HHS) proposal to update the HIPAA Security Rule. These changes, outlined in a Notice of Proposed Rulemaking (NPRM), aim to increase cybersecurity protections for electronic protected health information (ePHI). As leaders evaluate the potential impact, the main question is, will these updates fulfill compliance requirements or enhance the security framework for safeguarding patient data?