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Walmart’s new pharmacies are focused on treating autoimmune diseases.

Happy Friday! In positive news (for once), researchers found that nearly half of all dementia cases could be prevented by taking 14 actions, such as controlling cholesterol levels and treating vision loss. Nearly 10% of US adults over age 65 have dementia, so preventing cases could have hugely positive effects on the healthcare system.

In today’s edition:

🩺 Walmart’s newest focus

Steward’s bad luck continues

Increasingly desperate cybercriminals

—Maia Anderson, Caroline Catherman, Billy Hurley

PHARMACY

A Walmart Pharmacy

Bob Riha Jr/Getty Images

Walmart is opening 25 new pharmacies to focus on patients with autoimmune diseases, the company announced on July 25.

As the third most common disease category in the US, roughly 50 million people (nearly 15% of the population) have an autoimmune disease, according to the National Institute of Environmental Health Sciences. And while that number is likely an undercount due to how difficult these conditions can be to diagnose, autoimmunity has reached “epidemic levels” in the US, according to the National Health Council.

The 25 new pharmacies come after Walmart piloted six autoimmune-focused pharmacies in October 2023.

“These new locations will continue to make this specialized care more accessible,” Kevin Host, SVP of Walmart Health and Wellness Pharmacy, said in an emailed statement. “Since piloting this effort less than a year ago, our teams have seen the need, and recognized how to impact the communities we serve in meaningful ways.”

Keep reading here.—MA

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  • AI Pavilion: Experience live interactive demonstrations around use cases for AI in healthcare.
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  • Food as Medicine: See how nutrition and healthcare go hand in hand.

Tap in to the latest trends in healthcare. Get your ticket today.

HOSPITALS

Norwood Hospital sign saying the emergency department is closed behind a fence

Boston Globe/Getty Images

From financial collapse to federal investigation, 2024 is not Steward Health Care’s year.

In the for-profit chain’s latest setback, the Senate Health, Education, Labor, and Pensions Committee voted on July 25 to launch a formal investigation into the Dallas-based system’s bankruptcy filing and subpoena its CEO Ralph de la Torre.

Senators on the bipartisan committee alleged in their remarks before the vote that de la Torre and other executives mismanaged the company’s finances and made bad business deals—such as selling off the chain’s real estate holdings in 2016—at the expense of patient care.

De la Torre made a gross salary of nearly $3.8 million in the year before bankruptcy, according to court documents obtained by Becker’s Hospital Review. “It is time for Congress to hold Dr. de la Torre accountable for his greed,” committee Chairman Sen. Bernie Sanders said ahead of the vote.

Keep reading here.—CC

CYBERSECURITY

Healthcare cross with red and green digital shields preventing attacks

Francis Scialabba

A first-half study of the US healthcare sector revealed a cyber-salvo against the industry.

The report from threat-intel firm Cyble, which highlighted healthcare-specific cyberthreat activity from January to June of 2024, found:

  • 121 ransomware attacks
  • 18 verified data breaches

“The recent trend where we are seeing large number of attacks directly on these hospitals, healthcare providers, just shows the increasing desperation within the cybercriminal ecosystem, to basically target any organization for maximum monetary benefit,” Kaustubh Medhe, VP of research and cyber threat intelligence at Cyble, told IT Brew.

The FBI’s investigation of internet crime incidents last year also demonstrated a heavy targeting of hospitals. The agency’s 2023 Internet Crime Report found that its Internet Crime Complaint Center received 249 queries from ransomware-affected healthcare orgs—surpassing all critical infrastructure sectors, including critical manufacturing (which received 218 complaints) and government facilities (156 complaints).

Read more on IT Brew.—BH

TOGETHER WITH ZELIS

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VITAL SIGNS

A laptop tracking vital signs is placed on rolling medical equipment.

Francis Scialabba

Today’s top healthcare reads.

Stat: 40.1%. That’s the percentage of people in the US who said they had “a lot of trust” in physicians and hospitals in January 2024, down from 71.5% in April 2020. (JAMA Network Open)

Quote: “We can usher people here and they can get the help that they need because the hospitals are clearly overwhelmed.”—Yolanda Gales, a program director with a Maryland County mobile crisis response team, on the opening of the county’s first 24/7 mental health centers (the Washington Post)

Read: One report says that dozens of incarcerated patients died while under the care of Turn Key Health Clinics. (the Marshall Project)

Careers in care: Indeed has a dedicated job board for healthcare pros. It features employers with top company ratings for your perusing pleasure. Check it out.*

*A message from our sponsor.

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