Friday, November 5, 2021: Health IT

Google parent company Alphabet Inc. launched a new firm to use artificial intelligence to “reimagine the entire drug discovery process from the ground up.” The company, called Isomorphic Labs, will build off of work from Alphabet’s research lab that has used...

Friday, November 5, 2021: D.C. News

The House today will vote on President Biden’s $1.85 trillion spending package as well as the $1 trillion bipartisan infrastructure bill. The House Rules Committee met late Thursday night to advance the final text of the bill that would expand health care, childcare,...

Thursday, November 4, 2021: Providers

Kaufmann Hall’s latest monthly report shows that the median change in operating margins for hospitals fell 18.2 percent in September compared to August. Patient volumes and outpatient revenues declined, while supply costs and drug expenses increased considerably....

Thursday, November 4, 2021: Providers

Health system COVID-19 vaccine mandates are reportedly exacerbating workforce shortages and threatening operations in others. According to a Fierce Healthcare tally, only 1-2 percent of health systems’ workforces have chosen to leave due to mandates. However, the...

Thursday, November 4, 2021: Payers

CVS Health CEO Karen Lynch told investors that the company is working with “speed and urgency” to launch physician-staffed primary care practices as it looks to expand its reach as a provider and curb overall health costs. Lynch also said that Aetna has...