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Record-setting Digital Health Funding in 2017 So Far  Print E-mail
Written by Evan Sweeney | Fierce Healthcare¬†   
Friday, 14 July 2017 15:36

The first half of 2017 saw a record number of deals and an unprecedented level of funding within the digital health sector. Analysts predicted the industry would build on that momentum despite the ongoing healthcare debate consuming the nation's capital.
 
Thanks to a "record-shattering" second quarter, investors sunk $3.5 billion into U.S. digital health companies during the first half of 2017, outpacing every previous year, according to a midyear report by Rock Health. The 188 deals inked during the first two quarters were on pace to surpass last year's total of 304.

Last Updated on Monday, 14 August 2017 16:58
 
Rat Lungworm: Brain Burrowing Parasite Is Spreading Through FL Print E-mail
Written by FHI's Week in Review   
Monday, 03 July 2017 00:00

Josh Solomon, in a June 30, 2017 Tampa Bay Times  post, reports:
 
Angiostrongylus cantonensis, also known as rat lungworm, has been detected in rats and snails in five Florida counties, including Hillsborough, according to a new study from researchers at the University of Florida's Department of Infectious Disease and Pathology.

Read more in the current issue of Week in Review>> http://conta.cc/2uCMRAB

Last Updated on Tuesday, 04 July 2017 15:42
 
Genesis Healthcare Settlement Another Example of Government's Anti-Fraud Campaign Print E-mail
Written by Vitale Health Law   
Tuesday, 27 June 2017 00:00

Whatever else is taking place in the nation's capital these days, one thing is for certain, there is no letup in the government's crackdown on healthcare fraud. This is made  clear by the continued announcements of multimillion-dollar settlements coming from various fraud-fighting agencies.

One of the more recent settlements involves Genesis Healthcare, Inc., a Kennett Square, Pa. provider of short-term post-acute, rehabilitation, skilled nursing and long-term care services.

Earlier this month, the U.S. Department of Justice announced that Genesis will pay the federal government $53.6 million, including interest, to settle six federal lawsuits and investigations regarding the submission of false claims for medically unnecessary therapy and hospital services, as well as "grossly substandard" nursing home care.

The settlement resolved four sets of allegations...

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Last Updated on Monday, 24 July 2017 16:59
 
Florida Supreme Court Overturns Med Mal Damage Awards Cap Print E-mail
Written by Matt Gracey   
Wednesday, 21 June 2017 00:00

The Florida Supreme Court's recent overturn of the caps on non-economic damage awards in medical malpractice cases is the final nail in the coffin of tort reforms enacted in 2003. The frequency of lawsuits against doctors and correspondingly the premiums for malpractice insurance in Florida since 2003 have dropped on average about 65%. The market has become healthy with many insurers competing for doctors' business. As the premiums have steadily dropped over the last decade and a half, many insurers' loss ratios have now increased up to, and in many cases over, the 100% combined loss ratio mark. Thus, most insurers have been needing rate increases to stop mounting losses or thin profit margins. This court action will hasten the anticipated hardening of the marketplace and doctors are sure to see higher prices for their coverage and fewer insurers bidding on their malpractice insurance in the near future.

Five Steps I Recommend to Florida Doctors Now...

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Last Updated on Friday, 23 June 2017 17:01
 
Steve Scalise's Doctor On Congressman's Condition, Injuries Sustained Print E-mail
Written by FHI's Week in Review   
Monday, 19 June 2017 17:53

Dr. John Torres has an exclusive interview with Dr. Jack Sava (director of trauma at the MedStar Washington Hospital Center) about Rep. Steve Scalise's condition, what's being done to treat him and Scalise's chances for recovery. This video was posted to YouTube by NBC on 6.16.17...

Read more in the current issue of Week in Review>> http://conta.cc/2tFbWdB

Last Updated on Tuesday, 20 June 2017 13:47
 
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