Top News Story
Retail pharmacy giant CVS announced Thursday it will acquire Omnicare, marking the third major recent consolidation among pharmacies and allied companies providing specialty services and pharmacy benefit programs.
A Congressional watchdog group this week criticized the Department of Health & Human Services for failing to keep its improper payment rates low in its Medicare fee-for-service and Medicaid programs.
One of the nation's largest nursing home chains is looking to thwart what it alleges is a conspiracy by private law firms trying to convince state officials to sue large corporations. Texas-based Preferred Care Partners Management Group also is arguing to dismiss a lawsuit the state Attorney General filed against it last March.
A skilled nursing home and rehabilitation facility in Indiana is under investigation after inappropriate photos of a resident were allegedly posted by employees on social media.
Quote of the Day
The acquisition of Omnicare significantly expands our business, providing CVS Health access into a new pharmacy dispensing channel."”
Blog round up
Question of the Month:
The elderly brain is more vulnerable to the adverse effects of surgery and anesthesia compared with the younger brain. Both anecdotally and in clinical investigation, the elderly surgical population has been found to exhibit a significantly higher prevalence of postoperative cognitive decline. The most common manifestations of this decline are postoperative delirium (POD) and postoperative cognitive dysfunction (POCD).