Federal News Radio and FCW, among others, report on a flurry of reports on the OPM data breach that came out this week. The majority staff of the House Oversight and Government Reform Committee issued a detailed report. The executive summary in particular is worth reading. The minority staff and the OPM director responded to the majority staff report.
On the business consolidation front --
In 2012, about one in seven physician practices were owned by a hospital. In mid-2015, one in four medical practices, or 67,000 practices, were owned by hospitals.The report also found that in the same three-year period, physicians employed by hospitals increased by 50%. In 2015, about 140,000 physicians were employed by hospitals or systems, a rise from the 95,000 physicians who were employed by hospitals in 2012. Overall, about 38% of physicians in the U.S. are employed by a hospital or system, according to the report.
- Drug Channels analyzes a new business arrangement between the Walgreens Pharmacy chain and Prime Therapeutics, a prescription benefit manager owned by 14 non-profit Blue Cross licensees.