Massachusetts Governor Maura Healey announced that the state has seized control of St. Elizabeth's Medical Center in Boston from Steward Health Care through eminent domain. This action aims to transition ownership to the Boston Medical Center after a high-quality bid from another hospital operator was blocked by the landlord. Agreements have also been reached for the acquisition and continued operation of four other Steward hospitals by various entities: Good Samaritan Medical Center by Boston Medical Center, Morton Hospital and Saint Anne's Hospital by Lifespan Health System, and Holy Family Hospital campuses by Lawrence General Hospital. This intervention comes in response to Steward's recent WARN notice indicating the closure of two other state hospitals, which would result in over 1,200 layoffs. The governor emphasized her administration's commitment to a fiscally responsible transition plan and addressing Steward's broader financial issues and management practices.

Massachusetts seizes control of Steward hospital while buyers found for 4 others Healthcare Finance News

The upcoming Democratic National Convention (DNC) in Chicago will spotlight key health care issues that Democrats believe resonate strongly with voters, such as negotiated drug prices, abortion rights, and medical debt. The convention will feature speeches from high-profile Democrats, including Vice President Harris, who is the presidential candidate. Harris's platform emphasizes accelerating drug price negotiations, expanding abortion rights, and addressing medical debt, proposing policies like capping insulin costs and eliminating billions in medical debt. Additionally, the DNC is expected to underscore the Democrats' commitment to preserving the Affordable Care Act and expanding Medicaid, contrasting their agenda with the Republicans’ past efforts to repeal the ACA and impose restrictions on Medicaid.

5 health issues to watch for at the Democratic National Convention STAT

Despite the theoretical advantages of value-based care models, many primary care physicians are hesitant to adopt these payment structures. A study by the Commonwealth Fund and Mathematica reveals that financial obstacles, workforce shortages, and extensive documentation demands inhibit their participation. Additionally, smaller and rural practices are particularly disadvantaged. The report suggests solutions like better financial incentives, more support for workforce development, and simplifying performance measures to encourage broader adoption of value-based care among primary care providers.

‘Great on Paper’: Why Primary Care Physicians Are Reluctant To Join Value-Based Care - MedCity News MedCity News

This article from *The Surgeon's Record* explores the challenges faced by major retail players as they attempt to enter the healthcare sector, highlighting recent strategic retreats and pivots. It delves into Walmart's discontinuation of its in-store healthcare services and Humana's subsequent use of these spaces, Walgreens' financial setbacks related to VillageMD, and CVS's continued commitment to healthcare despite cost pressures. The article also discusses Amazon's healthcare strategy, including its significant investments and operational hurdles. The insights from healthcare finance expert Blake Madden provide additional context on why these retail giants struggle with healthcare ventures, emphasizing the unique challenges of integrating healthcare into their existing business models.

Retail Health Headwinds + Amazon's Long Game The Surgeon's Record

Massachusetts Governor Maura Healey announced that the state has seized control of St. Elizabeth's Medical Center in Boston from Steward Health Care through eminent domain. This action aims to transition ownership to the Boston Medical Center after a high-quality bid from another hospital operator was blocked by the landlord. Agreements have also been reached for the acquisition and continued operation of four other Steward hospitals by various entities: Good Samaritan Medical Center by Boston Medical Center, Morton Hospital and Saint Anne's Hospital by Lifespan Health System, and Holy Family Hospital campuses by Lawrence General Hospital. This intervention comes in response to Steward's recent WARN notice indicating the closure of two other state hospitals, which would result in over 1,200 layoffs. The governor emphasized her administration's commitment to a fiscally responsible transition plan and addressing Steward's broader financial issues and management practices.

Massachusetts seizes control of Steward hospital while buyers found for 4 others Healthcare Finance News

The upcoming Democratic National Convention (DNC) in Chicago will spotlight key health care issues that Democrats believe resonate strongly with voters, such as negotiated drug prices, abortion rights, and medical debt. The convention will feature speeches from high-profile Democrats, including Vice President Harris, who is the presidential candidate. Harris's platform emphasizes accelerating drug price negotiations, expanding abortion rights, and addressing medical debt, proposing policies like capping insulin costs and eliminating billions in medical debt. Additionally, the DNC is expected to underscore the Democrats' commitment to preserving the Affordable Care Act and expanding Medicaid, contrasting their agenda with the Republicans’ past efforts to repeal the ACA and impose restrictions on Medicaid.

5 health issues to watch for at the Democratic National Convention STAT

Despite the theoretical advantages of value-based care models, many primary care physicians are hesitant to adopt these payment structures. A study by the Commonwealth Fund and Mathematica reveals that financial obstacles, workforce shortages, and extensive documentation demands inhibit their participation. Additionally, smaller and rural practices are particularly disadvantaged. The report suggests solutions like better financial incentives, more support for workforce development, and simplifying performance measures to encourage broader adoption of value-based care among primary care providers.

‘Great on Paper’: Why Primary Care Physicians Are Reluctant To Join Value-Based Care - MedCity News MedCity News

This article from *The Surgeon's Record* explores the challenges faced by major retail players as they attempt to enter the healthcare sector, highlighting recent strategic retreats and pivots. It delves into Walmart's discontinuation of its in-store healthcare services and Humana's subsequent use of these spaces, Walgreens' financial setbacks related to VillageMD, and CVS's continued commitment to healthcare despite cost pressures. The article also discusses Amazon's healthcare strategy, including its significant investments and operational hurdles. The insights from healthcare finance expert Blake Madden provide additional context on why these retail giants struggle with healthcare ventures, emphasizing the unique challenges of integrating healthcare into their existing business models.

Retail Health Headwinds + Amazon's Long Game The Surgeon's Record