Labor Department proposes PBM compensation disclosure rule for self-insured plans

The Labor Department’s Employee Benefits Security Administration proposed regulation Jan. 29 that would require pharmacy benefit managers to disclose their compensation with self-insured group health plans. Under the rule, PBMs would have to share information on their rebates and other manufacturer payments, compensation when plan prices exceed pharmacy reimbursement, and recouped pharmacy payments. Plan fiduciaries […]

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Joint replacement pioneer Dr. Kenneth Krackow dies

Kenneth Krackow, MD, a pioneer of joint replacement and arthroplasty procedures, died Jan. 9.  Dr. Krackow was an orthopedic surgeon and professor of orthopedics at the University of Buffalo (N.Y.) Jacobs School of Medicine and Biomedical Sciences, according to a Jan. 29 news release from the university.  He helped develop one of the first commercially […]

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U of New Haven forms medtech partnership

The University of New Haven (Conn.) has entered a research agreement with C3 Medical Device Consulting, a product development firm, to support collaborative innovation in the medical device sector. Coordinated through the university’s Center for Innovation and Applied Technology, the agreement establishes a framework for joint research initiatives focused on engineering, software development and regulatory […]

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Temple Health taps Epic to fast-track disability claims

Philadelphia-based Temple Health is using its Epic EHR system to electronically send medical records to the Social Security Administration, eliminating paper-based steps and expediting Social Security Disability Insurance applications. Applying for Social Security Disability Insurance requires submitting medical records to the SSA to document a qualifying disability, a step many applicants still complete by mail […]

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Texas hospital CEO heads to New Mexico

Patrick Shannon has been named CEO of MountainView Regional Medical Center in Las Cruces, N.M. Mr. Shannon brings more than 30 years of healthcare operations and management experience to the role, according to a Jan. 29 LinkedIn post from the hospital. He most recently served as CEO of Huntsville (Texas) Memorial Hospital, a position he […]

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