NantHealth stock is down 35 percent following a scathing STAT investigative report on questionable charitable donations. In response, a NantHealth investor files suit against the company, claiming that it artificially inflated the market price of its stock and reserving the right to expand the complaint into a class action suit.
HHS Secretary Tom Price lays out his position on health IT in a written response to questions from Senator Bob Casey (D-PA), saying one way to improve care and reduce costs would be “for the federal government to continue to promote the growth of health information technology and electronic health records.”
MD Anderson Cancer Center President Ron DePinho resigns. He reflects on his time at the helm as one that brought positive change, but acknowledges that “there was a cost for that change, and I have added to that cost.” He says the organization needs a new president that will bring “a sharp operational focus on navigating the tectonic changes in healthcare delivery and economics.”
The Guardian analyzes the likelihood of passage for the American Health Care Act (AHCA), the Republican ACA repeal and replace bill.