Hospitals question feds’ proposed $900 million IOU tied to 340B cuts

A proposed $900 million cut in spending on the 340B drug discount program could lead to a rollback in services at hospitals or even closures if finalized, according to industry insiders. The CMS however has insisted that the reduction in 340B spending isn’t a cut but a redistribution of funds.  READ MORE

Regulators aim to close loopholes that lead to higher drug prices

Regulators should close regulatory loopholes that allow certain branded-drug developers to “game the system” and thwart competition, policymakers and healthcare experts said at the U.S. Food and Drug Administration’s meeting Tuesday READ MORE

Athenahealth CFO Stubelis heads to Arcadia Health Solutions

Karl Stubelis is leaving Athenahealth Friday after a little over a year as the EHR vendor’s CFO. He will be Arcadia Health Solutions’ new CFO and lead capital strategy for the company.  READ MORE

Cleveland Clinic names CIO

Edward Marx, a former University Hospitals CIO who most recently served as executive vice president at the Advisory Board Co., will start in his new role Sept. 1 READ MORE

Missouri becomes last state to create drug-monitoring plan

Missouri became the final state to create a prescription drug-monitoring program Monday when Republican Gov. Eric Greitens signed an executive order aimed at combating a scourge that killed more than 900 residents last year. The announcement surprised lawmakers.  READ MORE

Takeda shrinks its HQ workforce in suburban Chicago as it adds in Boston

Takeda Pharmaceuticals is finishing a major reorganization that has forced hundreds of Chicago-area executives to relocate to the Boston area and slashed hundreds more field sales jobs across the country.  READ MORE

Could algae help treat heart attack patients?

Someday, a treatment for cardiac patients could be so outside-the-box that it’s from the swamp—algae.  READ MORE

News from other sources…

DARPA funds neural interface research, OIG will audit EHR incentive payments, and T. rexes’ own heft held them back.  READ MORE

This week’s poll: How effective have efforts to combat the opioid epidemic over the past year been in your community?

Share your opinion in the latest edition of our bi-weekly reader poll. How effective have efforts to combat the opioid epidemic over the past year been in your community?  READ MORE

100 Top Hospital Awardees Share Their Best Practices

Hear leaders talk about their best practices and download research from Truven to learn how your hospital can start its journey to excellence.  READ MORE

Fix Emergency Department Overcrowding, Wait Times, and Throughput

Learn three common impediments to ED flow during the in-room portion of the visit and three effective ways administrators can empower staff to resolve them.  READ MORE