Health insurance companies are ending the year on a bad note, facing several headwinds, from Congress' efforts to rein in costs to declining profits from expanded access to benefits. The recent tragic shooting death of an insurance company executive has raised even bigger questions. Enraged Americans are demanding change in the industry. A combination of factors is expected to make 2024 a tougher year than in recent years, and 2025 is expected to get off to an uncertain start. “Managed care stocks have significantly underperformed in 2024 (-20% vs. S&P +27%), facing unprecedented policy, reimbursement, and utilization headwinds in addition…
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00:00 Speaker a CVS is the latest major name in healthcare to report revenue this season. Join me now and there are three key points from my previous healthcare revenue: senior health reporter Anjali Camlani. Now, let's break down some of these takeaways. 00:16 Anjali Camlani Yeah, so um, obviously the healthcare sector is very big. Therefore, we will do sub-sector takeout. First, I would like to focus on the insurance sector. It's moving in a really different direction than what we've seen before. Medicare's advantage was a major theme last year, and it really puts a burden on businesses,…
The Oxfordshire nursing home has apologised to residents after concerns were raised at staffing level and then condemned by inspectors.Nursing and housing at Oaken Holt, located on Eynsham Road, Farmoor, was told “improvements are needed” after a test from the Care Quality Committee (CQC).After an examination conducted between December 18th last year and January 13th this year, it was said that the house was rated as “needed to improve” to be safe and well-identified.It was rated “good” in the caring, effective and responsive category. However, the overall evaluation was “improvement is needed.”In a statement, a care home spokesman said:Read more:…
Pembrokeshire charities providing end-of-life care are granted a grant of £10,000.Paul Sartrihospice, at his home, received funding from the James Tudor Foundation to help with the costs of the registered nursing team.The charity provides palliative care to patients across the county, with the overall cost of services exceeding £200,000 a year.The charity offers a holistic approach to end-of-life care, including home care, complementary therapy, bereavement and counseling support, physical therapy, future care planning, and training.Each year, teams provide thousands of hours of day and night rest care, allowing patients to receive the support they need from home.Registered nurses at Paul…
On Saturday, Melanie Garcia’s mother said doctors had released her from the hospital.She could go home.She is one of nine survivors of the Apalachee High School shooting.(Download: Free WSB-TV News App to receive breaking news alerts)The bullet hit her in the shoulder.His mother, Jakelyn Garcia, told Channel 2’s Courtney Francisco on Friday that he underwent surgery to close the wound and doctors believe the bones are aligned enough to heal naturally.She is 15 years old.”She’s a normal teenager who loves spending time with her friends, playing soccer and spending time with her family, and none of those hobbies are going…
An eight-year-old girl has died of sepsis after being sent home by her GP because her local hospital was full.Mia Glynn visited GP practices twice within four hours but doctors told her parents Solon, 39, and Katie, 37, to take her home, despite her showing symptoms of group A streptococcus infection.Her parents, who live in Biddulph, Staffordshire, first took Mia to the doctor on December 5, 2022, after she began vomiting and complained of a severe headache and sore throat.On the morning of December 8th, Mia’s parents took her to the clinic because she had a fever and a severe…
BATON ROUGE, La. (BRA PROUD) – A Louisiana nursing home owner has settled and agreed to pay $8.2 million after being accused of misusing the facility's assets. More than 840 people reportedly evacuated to a warehouse in Tangipahoa Parish to ride out Category 4 Hurricane Ida in 2021. Several people died in the storm's aftermath due to lack of proper equipment and care.Bob Dean Jr. was charged with violating the National Housing Act of 1934 by misusing the assets of four Louisiana nursing homes and was ordered to pay $8.2 million in settlements, according to the U.S. Department of Justice.…
Peach Tree Cornerga., March 11, 2025 /PRNewswire/ -Stratix Corporation, an industry leader in Managed Mobility Services (MMS), has released a new study highlighting the pivotal role of mobile technology in the home health sector. Based on insights from 175 home health leaders, this study explores the key challenges facing organizations and how to leverage mobile technology to effectively address these issues. Read how mobile technology is changing safety, staffing and home hygiene efficiency. With the home healthcare industry at a crossroads, research is divided into four key areas: worker safety, staffing challenges, financial constraints and increasing demand for technology. The…
Elmhurst, sick., April 10, 2025 /PRNewswire/ -MedSpeed is a leading provider of same-day logistics services to the healthcare industry and celebrates its 25th anniversary. With around 3,400 employees from 33 states, the company has come a long way from a humble beginning. Chicago- Start up area. MedSpeed 25 years The MedSpeed concept is University of Chicago The Booth School of Business was sought to win a new venture challenge. Ultimately, they created a new category of services that would provide last mile logistics and transportation services to the healthcare industry. Before MedSpeed opened the door, medical leaders rarely considered transportation…
CAMBRIDGE, MA and TAIPEI, TAIWAN / ACCESSWIRE / September 30, 2024 / Moderna, Inc. (Nasdaq:MRNA) and Cenra Healthcare, the sales and marketing division of Cenra Inc., today announced that the companies have entered into a joint agreement to: announced that it had concluded. Co-promotion of Moderna's mRNA respiratory vaccine portfolio in Taiwan, including Moderna's COVID-19 vaccine Spikevax®.Under the agreement, Moderna will manufacture and sell mRNA respiratory vaccines. Cenra Healthcare will engage in promotional efforts and conduct medical education activities to ensure broad access to Moderna's mRNA respiratory portfolio across Taiwan. The initial term of the agreement is until July 31,…