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First Citizens Provides $30 Million in Financing for Amavida Living Community in Florida

NEW YORK, May 17, 2023 /PRNewswire/ First Citizens Bank today announced that its Healthcare Finance group, part of the CIT division, provided $30 million to refinance the Amavida Living. | May 17, 2023

Medicare spending could increase $2 to $5 billion if coverage expands for lecanemab

The anti-dementia medication lecanemab, and its ancillary costs, could add $2 to $5 billion in annual Medicare spending if the Centers for Medicare and Medicaid Services revises its coverage decision, according to a research letter in JAMA Internal Medicine. Currently, the medication is covered only for patients who are enrolled in clinical trials. Medicare fee-for-service

Two die in Ei Lilly Phase 3 study of Alzheimer s drug | Healthcare Finance News

Donanemab, an Alzheimer's drug candidate produced by Eli Lilly, showed that it can slow cognitive decline by 35% in the company's new Phase 3 study, but there are some safety risks – exemplified by two deaths that occurred during the trial that were attributed to brain swelling, according to the drug company. In addition to the risk of brain swelling, the trial showed that

HIMSSCast: Cybersecurity often takes a back seat to clinical priorities at rural hospitals

Rural hospitals are just as much a target of cybersecurity attacks as larger and more urban health systems, according to Kate Pierce, Fortified Health Security's senior virtual information security officer and executive director of Subsidy. Pierce was recently asked to testify before the U.S. Senate's Homeland Security & Governmental Affairs Committee about the cybersecurity

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