Morning Headlines 7/2/18
Why telemedicine has been such a bust so far
CNBC’s Chrissy Farr says lack of awareness, cost, and the desire for human interaction are responsible for the lack of widespread use of video visits.
T-System President and CEO Roger Davis resigns
The company confirmed the June 30 departure of Davis, but did not issue an announcement
A former hospital owner is charged with paying $40 million in kickbacks over 15 years to generate $950 million in fraudulent hospital charges for surgeries, compounded drugs, home health services, and hospice care.
Medicare spent $2 billion for one drug as the manufacturer paid doctors millions
Claims analysis finds that 80 percent of the doctors who prescribe Acthar Gel are receiving checks from the company for speaking fees as the questionably useful drug’s cost has increased from $40 per vial in 2000 to $39,000 today.
Weird that Google can acknowledge its crowdsourced medical advice was wrong, but escape penalties for doing it wantonly at scale.