The oil industry came to talk about carbon capture and hydrogen, tout net zero emissions pledges and beat up on Joe Biden. A war in Ukraine, sanctions on Russian crude and the biggest oil spike in years intervened. With its unparalleled line-up of big-name speakers, Houston’s CERAWeek conference, now run by its new parent S&P…
Read more
ProMedica Health System’s senior care unit recorded a $275 million operating loss last year, the not-for-profit company announced Friday. ProMedica made a play for the senior living market when it spent $1.4 billion to acquire post-acute care provider HCR ManorCare in 2018. Although Promedica’s senior care division recorded a 1.4% operating margin in 2020, it…
Read more
Russia has announced it will cut off access to Instagram and launch a criminal investigation into its parent company Meta, adding to the country’s growing isolation since the start of its war on Ukraine. Russia’s media watchdog, Roskomnadzor, on Friday said it planned to restrict access to the Instagram app within 48 hours, after Meta…
Read more
With COVID-19 case numbers plummeting, Emily Safrin did something she hadn’t done since the pandemic began two years ago: She put her fears aside and went to a concert. The fully vaccinated and boosted restaurant server planned to keep her mask on, but as the reggaeton star Bad Bunny took the stage and the energy…
Read more
America’s nursing homes are at a tipping point. The short-sighted policy proposals that President Joe Biden announced for these critical facilities in his recent State of the Union address may be what pushes them over the edge. Nursing homes across the country today confront existential challenges. Nearly 240,000 workers have vanished from the industry in…
Read more
Kaiser Health News is a national health policy news service. It is an editorially independent program of the Henry J. Kaiser Family Foundation which is not affiliated with Kaiser Permanente.
The number of deaths in Massachusetts attributed to COVID-19 is expected to decline by nearly 4,000 because the state is adopting a new method of counting deaths that public health officials said more accurately reflects the pandemic’s impact. The state’s current COVID-19 death definition includes not just those who had the disease listed as a…
Read more
A jury sided with Sutter Health on Friday in the long-running federal lawsuit accusing the health system of anticompetitive business practices that drove up healthcare costs by more than $400 million. The unanimous verdict means Sacramento, California-based Sutter has successfully defended against claims that it illegally forced insurers to include all 24 of its hospitals…
Read more
This article is an on-site version of our #techFT newsletter and is usually available only with a Premium subscription. Are you currently a Standard subscriber? Click here to switch your subscription to Premium. Not yet a subscriber? You can take out a Premium subscription here The EU and UK have partnered again in a tag-team…
Read more
A doctor in Ohio who denied doing any harm to his patients after being convicted of overprescribing painkillers has been sentenced to five years in prison. A federal judge on Thursday also ordered Dr. William Bauer of Port Clinton to pay $460,000 in restitution. Bauer, 85, was convicted last summer on charges of distributing controlled…
Read more