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TODAY’S TOP TECHNOLOGY NEWS
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 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
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INFORMATION TECHNOLOGY
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
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
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PHARMACEUTICALS
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
CLINICAL PRACTICE
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
SPOTLIGHT
DARPA funds neural interface research, OIG will audit EHR incentive payments, and T. rexes’ own heft held them back. READ MORE
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
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