And … Geisinger turns to Amazon for cloud technology, AI
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Welcome to FierceHealthcare Weekly Digest, your roundup of the biggest and most popular stories from each of our publications.

Featured Story

Mayo Clinic posts $227M net loss for Q1 as labor expenses shoot up

Mayo Clinic posted a $227 million net loss for the first quarter of 2022 as the system faced major headwinds from rising labor expenses to a volatile investment market.

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Top Stories Of The Week

Surgeon general issues landmark report with new solutions to combat crippling worker burnout issue

A new advisory from the U.S. surgeon general is pressing for stakeholders to alleviate healthcare worker burnout by reducing administrative and other burdens and improve access to mental health services.

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BCBS of Massachusetts launches health equity business incubator

Blue Cross Blue Shield of Massachusetts launched a new program that will provide financial, strategic and mentorship support to startup founders of color focused on creating equitable healthcare services and solutions. 

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Advocate Aurora hit with class action alleging anticompetitive behavior in eastern Wisconsin

Plaintiffs alleged the 27-hospital nonprofit used its size to suppress competition and drive "unreasonably high prices" for payers, employers and taxpayers.

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Bright Health expands leadership team with addition of 2 execs

Michael Carson will join the insurtech company as the CEO of Bright HealthCare, and Jeff Cook will take the role of NeueHealth CEO, Bright Health announced this week.

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Health plans can do more to improve price transparency for consumers, survey finds

The majority of consumers know of and use transparency tools offered by their health plan, yet nearly half avoided care due to unclear costs.

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New Senate bill aims to empower FTC to crack down on PBMs

A new bipartisan bill aims to rein in several pharmacy benefit manager practices ranging from spread pricing to pharmacy clawback fees.

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Howard University, Teva Pharmaceuticals launch coalition to advocate for equity through digital health

The group plans to advocate for improved access to care through digital health innovations and to be a hub of resources on the importance of digital health equity.

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Judge strikes down CMS' Medicaid copay rule, handing PhRMA major win

A federal judge struck down a controversial Trump-era rule that required mandated drug makers to include copay assistance costs into Medicaid drug rebate calculations.

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CVS will stop filling Cerebral, Done Health prescriptions for controlled drugs

CVS Health, the largest pharmacy chain in the country, will no longer fill prescriptions for controlled drugs ordered by providers who work for telehealth companies Cerebral and Done Health, starting Thursday.

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Resources

Whitepaper: The Great Resignation: Recalibrate Work to Reignite Revenue Growth

The Great Resignation is the test from which healthcare leaders can recalibrate for success for decades to come—are you ready?

Whitepaper: The 5 Myths of Diabetes Reversal

Can diabetes truly be reversed? The journey to diabetes remission is not “one size fits all”. By taking a holistic and realistic approach, we see our members achieve a 33% greater reduction in A1C when we treat them for diabetes and depression simultaneously. Combatting the myths of diabetes reversal will serve to improve outcomes of diabetes treatment and develop comprehensive support for individuals with diabetes. Download The 5 Myths of Diabetes Reversal to learn more.

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