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Report: Class-action Securities Lawsuits Decline but Risks Remain for Life-sciences Companies

Disgruntled investors lodged fewer securities claims against life-science companies last year. But when they did sue, investors raised familiar issues, often tied to bad news around clinical research and regulatory approvals, according to a law firm report
New York United States New Jersey Bronstein Gewirtz Grossman Glancy Prongay Murray Kessler Topaz Meltzer Check

Should Employers and Insurers Cover Psychedelic-Assisted Therapy?

Despite ketamine-assisted therapy being approved for treating several mental health conditions, it's generally not covered by insurance or employers. Though that likely won't always be the case, as psychedelics gather more research and employers notice the benefits for their workplaces.
Vancouver Island British Columbia United States Jeff Levin Scherz Michael Bronner Johns Hopkins

High-cost Pharmacy Claims, Medical Inflation Among Top Threats for Employers

When asked what the biggest threats facing them were, 94% of employers said high-cost pharmacy claims, 91% said medical inflation and 91% said million dollar treatments being approved by the FDA, according to a new survey from the Midwest Business Group on Health.
Cheryl Larson Midwest Business Group On Health Drug Administration Midwest Business Group Weight Loss Medical Devices

'Challenging Market' Leads MorphoSys to Cut Preclinical R&D, Turn Focus to Cancer

MorphoSys’s emphasis on its clinical-stage cancer programs puts the spotlight on a myelofibrosis drug candidate from its 2021 acquisition of Constellation Pharmaceuticals. That small molecule could compete against drug candidates from GSK and Merck.
United Kingdom Jean Paul Kress Constellation Pharmaceuticals Germany Based Morphosys Massachusetts Based Constellation Pharmaceuticals Paul Kress

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California Lawmaker Introduces Bill to Keep Rural Hospitals From Closing as They Work to Meet Seismic Compliance

A California lawmaker recently introduced legislation designed to keep the state’s small and rural hospitals from closing as they work to meet seismic safety compliance requirements. The bill would require California’s Department of Health Care Access and Administration to provide grant funding to small and rural hospitals so they can achieve compliance amid times of severe financial distress
United States Jim Woodd Healdsburg California Department Of Health Care Access Jim Wood Health Care Access Healthcare Quality

Across Healthcare, Companies Are Profiting From Data. When Will Providers and Patients Get Their Share of the Winnings?

Valuable digital data is a relatively new phenomenon in the history of healthcare. Providers need to think of it in a new way — not as a byproduct, but as another valuable outcome they are generating as they do their jobs and care for patients.
Century Cures Act Weight Loss Medical Devices Healthcare Innovation Medcity News Medcity News

Inside Hackensack Meridian Health's Violence Prevention Program

In the two years since its launch, Hackensack Meridian Health's violence prevention program has provided medical, financial and emotional aid to more than 400 victims of violence. Government officials have taken note of this — the program recently gained $3 million in federal and state grants.
New Jersey United States North Carolina Aakash Shah Department Of Justice Jersey Shore University Medical Center

Abridge Begins the Largest Deployment of Its Medical Documentation AI

Abridge announced the largest deployment of its technology to date — the University of Kansas Health System will adopt the software for more than 1,500 of its physicians across 140 locations. The startup's technology listens to visits and creates a near-instant summary that adheres to physicians' prototypical note structure.
Florian Metze Sandeep Konam Carnegie Mellon University University Of Kansas Health System Kansas Health System Shiv Rao

5 Factors Holding Back Healthcare Practices From Adopting RPM

Just a quarter of healthcare practices offer remote patient monitoring, and the majority of them aren’t too eager to adopt the technology any time soon, according to a new report. A few factors are influencing this reluctance, including data security concerns, unclear reimbursement policies and training requirements.
United States Communications Commission Broadband Progress Definitive Healthcare Connected Health Weight Loss Medical Devices

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