Exactech, a Gainesiville-based device manufacturer that faces more than 2,000 state and federal lawsuits from patients who allege the company sold defective hip and knee implants, filed for bankruptcy protection Tuesday. The company says it is restructuring and would be sold to an investor group of private equity and 'alternative asset' firms, which would provide about $85 million in financing to fund the company's operations.
Two-thirds of the 5.9 million state residents under Covered California who have signed up for a health plan at the site pay a monthly premium of $10 or less for a health plan that covers them if their families experience unexpected medical challenges.
At Mayo Clinic's Center for Individualized Medicine, a digital transformation is equipping clinicians with tools to analyze data and unlock critical insights for patient care. This advancement has the potential to enhance diagnoses and treatments and improve overall patient outcomes.
The Pennsylvania Office of Attorney General filed a complaint in the Delaware County Court of Common Pleas this week, accusing Prospect Medical Holdings of mismanagement and 'corporate looting.' Prospect intended on making more service cuts at Crozer Health, the struggling four-hospital system in Delaware County. Attorney General Michelle Henry decided to intervene.
A former senior analyst at Outcome Health will avoid prison time after a federal judge sentenced her Tuesday to three years of probation and 200 hours of community service for her role in what prosecutors have called a $1 billion fraud scheme at the once successful Chicago company. Kathryn Choi is the fifth former Outcome employee or leader to be sentenced in recent months.
Hospitals and clinics remain among the most violent workplaces in America, continuing to strain health workers in the aftermath of the pandemic experience. The situation is bad enough that the AHA and the FBI last week announced that they're collaborating on resources to help hospitals make threat assessments and work to mitigate risks. "The problem of physical security in a hospital is incredibly complex, because you have to have access to the general public. You have to allow people in and out," said Scott Gee, AHA's deputy national adviser for cybersecurity and risk.