Economics

Massive EU police raid arrests more than 20 suspects over €600M Covid funds fraud

Submitted by mike kraft on Thu, 2024-04-04 17:06

Lamborghini and Rolexes seized in massive EU police raid over €600M Covid fraud Cops said the organized crime group used “advanced technologies” including AI to produce false documents for laundering cash. POLITICO

ROME — Police on Thursday arrested more than 20 suspects in Italy, Austria, Romania and Slovakia as part of a major investigation into massive fraud linked to the EU’s post-pandemic recovery fund.

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Medical Debt: Colorado immigrants are hit especially hard.

Submitted by mike kraft on Wed, 2024-04-03 10:12

Medical Debt Affects Much of America, but Colorado Immigrants Are Hit Especially Hard - KFF Health News Colorado is ahead of the curve on policies to prevent medical debt, but the gap between the debt load in places inhabited primarily by people of color versus non-Hispanic white residents is greater than the national average. Lynne Shallcross KFF Health News

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Bird flu: Largest U.S. egg producer detects bird flu at Texas plant, temporarily halts operations

Submitted by mike kraft on Wed, 2024-04-03 09:51

Largest U.S. egg producer detects bird flu at Texas plant Cal-Maine Foods culled 1.6 million hens after some tested positive for avian influenza. The U.S.

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UnitedHealth unit hack to have no credit impact on not-for-profit hospitals--rating agency says

Submitted by mike kraft on Tue, 2024-04-02 17:40

Fitch says UnitedHealth unit hack to have no credit impact on not-for-profit hospitals

April 1 (Reuters) - Fitch does not anticipate any credit impact on not-for-profit hospitals in the United States from the cyberattack at UnitedHealth's (UNH.N)

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UnitedHealth offers over $3.3 bln in loans to providers affected by cyberattack on unit

Submitted by mike kraft on Thu, 2024-03-28 10:32

UnitedHealth offers over $3.3 bln in loans to providers hit by attack on unit UnitedHealth Group said on Wednesday it has advanced more than $3.3 billion in loans to care providers impacted by a cyberattack on the U.S. healthcare conglomerate' tech unit last month. Reuters Reuters

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Analysis: The Burden of Getting Medical Care Can Exhaust Older Patients

Submitted by mike kraft on Wed, 2024-03-27 10:59

The Burden of Getting Medical Care Can Exhaust Older Patients - KFF Health News It’s estimated that an older patient can spend three weeks of the year getting care — and that doesn’t count the time it takes to arrange appointments or deal with insurance companies. khnkit KFF Health News

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Some U.S. nonprofit hospitals spend less on charity care than they receive in tax breaks --study

Submitted by mike kraft on Wed, 2024-03-27 10:34

Some nonprofit hospitals spend less on charity care than they receive in tax breaks, new analysis shows A new study found 80% of 2,425 nonprofit hospitals spent less on charity care and community investment than they got in estimated tax breaks. Brittany Trang STAT

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Smaller U.S. providers and community health care centers fight to stay afloat after Change Healthcare hack

Submitted by mike kraft on Wed, 2024-03-27 10:23

Hack poses financial problems for community health centers - Roll Call In the aftermath of the Change Healthcare hack, small providers and community health centers are struggling to pay their bills. Jessica Wehrman Roll Call

Community health centers and organizations that primarily serve low-income people are being disproportionately hurt by the biggest hack in health care history, which has disrupted payments for thousands of health care providers for a month now.

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