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Italy proposes significant cigarette price increase to fund health services

A proposed "purpose tax" aims to increase cigarette prices by 5 euros to generate up to 13.8 billion euros for the National Health Service in Italy. Supported by Senate Vice President Domenica Castellone, the initiative seeks to combat smoking-related health issues, particularly lung cancer, which accounts for a significant number of diagnoses in the country. Public sentiment appears favorable, with 62% of smokers backing the tax as a means to enhance health funding.
@Sky TG24
Euro Apple Inc. Il Sole 24 ORE S.p.A. FRA GBR ESP POL ROU USA NLD ITA DEU Beatrice Lorenzin Domenica Castellone Saverio Cinieri Marina Sereni Show more
Healthcare, News Article
09:00 04.10.2024

UnitedHealthcare files lawsuit against CMS over Medicare Advantage star rating downgrade

UnitedHealthcare has filed a lawsuit against the Centers for Medicare and Medicaid Services (CMS) over a downgrade in its Medicare Advantage star ratings, claiming the decision was based on a single customer service interaction deemed "arbitrary and capricious." The insurer argues that this downgrade could significantly impact its enrollment and financial performance during the critical open enrollment period starting October 15. Other insurers, like Humana, are also facing challenges with star ratings, as they report declines in high-rated plan memberships.
Healthcare Finance News
UnitedHealthCare of Alabama Inc. Humana Inc. USA Pichsakul Promrungsee
Regulatory & Legal, News Article
09:00 04.10.2024

canadian pension plans show improved financial health amid market volatility

Canadian defined-benefit pension plans have seen a slight improvement in financial health, with the median solvency ratio rising to 122% as of September 30, 2024, up from 121% in June. This increase is attributed to positive asset returns, despite rising liabilities from falling interest rates. Mercer Canada emphasizes the ongoing volatility and the importance of vigilant risk management in this environment.
Finance et Investissement
Canadian Dollar Mercer International Inc. CAN F. Hubert Tremblay Mercer Canada
Finance & Economy, Market Report
09:00 04.10.2024

navigating the evolving landscape of medical malpractice insurance for physicians

The medical malpractice landscape is evolving, with a significant shift towards consolidation as 75% of physicians are now employed by hospitals or private equity firms. This transition offers financial benefits and administrative support but also presents challenges such as contract disputes and adapting to new processes. Additionally, the average verdicts in malpractice cases have surged, driven by skilled plaintiff attorneys and the need for timely claims assessment and quality defense counsel.
MedicalEconomics
ISMIE Mutual Insurance Co. Wayne de Nazarie Brad Ash
Regulatory & Legal, Transcript
09:00 04.10.2024

houston healthcare to merge with emory healthcare expanding regional services in georgia

In Q3 2024, notable healthcare mergers included Northwell Health and Nuvance Health's plan to create an integrated system in New York and Connecticut, UCSF Health's acquisition of two San Francisco hospitals, and HCA Healthcare's tentative agreement with Santa Clara County for Regional Medical Center. The Federal Trade Commission opposed the Union Hospital and Terre Haute Regional Hospital merger, citing concerns over costs and care quality. Other significant deals involved Sanford Health's merger with Marshfield Clinic and Cooper University Health Care's integration with Cape Regional Health System.
Technology Solutions That Drive Healthcare
HCA Healthcare, Inc. Northwell Health Inc. Marshfield Clinic Health System Inc. Emory Healthcare Nuvance Health Sanford Health CORPORATION Dignity Health Cooper University Health Care UCSF Health USA Joon S. Lee Anthony Mazzarelli James R. Williams Show more
Healthcare, News Article
09:00 04.10.2024

italy implements structural budget plan to ensure fiscal discipline and stability

Italy's Structural Budget Plan, replacing the NaDef, commits the country to a binding five-year public finance program with strict spending limits. Aimed at reducing the structural deficit by 0.55% of GDP annually in 2025 and 2026, the plan mandates that net primary expenditure grows by no more than 1.5% per year until 2031, reversing the post-Covid spending surge.
Il Sole 24 ORE
Euro EU Commission ITA
Finance & Economy, Market Report
09:00 04.10.2024

telemedicine revolutionizes healthcare access and delivery in a changing landscape

The global telemedicine market, valued at USD 97.15 billion in 2023, is projected to grow to USD 432.31 billion by 2032, driven by increasing demand for accessible healthcare. Key players include Teladoc Health and American Well, with advancements in digital health technologies enhancing patient engagement and cost-effective delivery.
openPR.com
USA IND GBR Teladoc Health Inc. American Well Show more
Healthcare, Market Report
09:00 04.10.2024

DOJ updates compliance program guidance for corporate misconduct and health care providers

On September 23, 2024, the DOJ updated its guidance on corporate compliance programs, emphasizing the evaluation of risk management for disruptive technologies like AI, internal reporting encouragement, and access to data for compliance monitoring. New pilot programs incentivize compliance-related behaviors in compensation decisions and support whistleblower initiatives, particularly in healthcare. These changes aim to enhance accountability and compliance within organizations.
@HancockLawLLP
Apple Inc. USA Lisa Monaco Nicole M. Argentieri
Regulatory & Legal, Press Release
09:00 04.10.2024

macron discusses financial challenges and tax increases with wall street leaders

French President Emmanuel Macron met with top Wall Street executives during the UN General Assembly to discuss France's financial challenges and potential tax increases. He emphasized the need for fiscal consolidation amid a projected deficit exceeding 6% this year, while promoting France as an attractive investment destination. Macron's proactive engagement comes as his government aims to reduce the deficit to 5% by 2025 through spending cuts and temporary tax hikes on large companies and wealthy individuals.
de.investing.com
Euro The Goldman Sachs Group, Inc. Blackstone Inc. FRA USA Michel Barnier Stephen Schwarzman Emmanuel Macron John Waldron Show more
Finance & Economy, News Article
09:00 04.10.2024

medical teleconsultation struggles as pioneer h4d goes out of business

H4D, a pioneer in teleconsultation booths, has gone out of business due to an unsustainable business model and high operational costs, despite initial funding boosts and a surge in telemedicine during the pandemic. Local authorities struggled to make the sophisticated booths profitable, with low user engagement leading to only 300 consultations in 18 months in one village. As competition from cheaper alternatives grows, the telemedicine sector is still searching for a viable business model, with hopes for future growth amid regulatory changes.
Le Figaro
Euro Supernova Invest SAS Tessan SAS CNP Assurances Iard SA Bpifrance Medadom Medical SAS H4D SAS FRA Aurélie Charillon Cédric Mancini Franck Baudino Martine Tabouret Jean-Pascal Piermé Show more
Healthcare, News Article
09:00 04.10.2024
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