Does Private Equity Investment in Healthcare Benefit Patients? Evidence from Nursing Homes

The summary of a study by National Bureau of Economic Research: The past two decades have seen a rapid increase in Private Equity (PE) investment in healthcare, a sector in which intensive government subsidy and market frictions could lead high-powered for-profit incentives to be misaligned with the social goal of affordable, quality care. This paper studies [PDF] the effects of PE…

DOJ Finally Starts Process of Investigating Nursing Home Deaths From COVID-19

onyxruby writes: The DOJ has finally launched the precursor to an investigation into the mass deaths of senior citizens in nursing homes and long term care facilities. Roughly half of all COVID-19 deaths in the United Stated have occurred in nursing homes. The governors of New York, New Jersey, Pennsylvania and Michigan are being requested to provide information to the DOJ….

Coronavirus 10 Times More Deadly Than Swine Flu, Says WHO

The coronavirus has proven ten times deadlier than the swine flu outbreak that spread across the globe a decade prior, the World Health Organization has confirmed. The Independent reports: The swine flu pandemic, which spanned a stretch of time between January 2009 and August 2010, saw more than 1.6 million confirmed cases, resulting in the confirmed deaths of 18,449 people. Now…

New Jersey’s Largest Hospital System Pays Up In Ransomware Attack

New Jersey’s largest hospital system said that it has paid hackers a ransom after a ransomware attack disrupted its services earlier this month. Threatpost reports: Hackensack Meridian Health, a $6 billion non-profit health provider system based in Edison, N.J., operates 17 hospitals, nursing homes and outpatient centers, as well as psychiatric facility Carrier Clinic. The hospital system told media outlets on…

America Reports Its First Cases of A Fungus Resistant To All Major Drugs

An anonymous reader quotes the New York Times:
About 90 percent of C. auris strains are resistant to at least one drug, and 30 percent are resistant to two or more of the three major classes of antifungal drugs. However, on Tuesday, the C.D.C. confirmed that it has learned in the last month of the first known cases in the United States…

Deadly germs, Lost cures: A Mysterious Infection, Spanning the Globe in a Climate of Secrecy

The rise of Candida auris embodies a serious and growing public health threat: drug-resistant germs. Source: https://www.nytimes.com/2019/04/06/health/drug-resistant-candida-auris.html?partner=rss&emc=rss