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Fraud allegations lead to $4.75M settlement | Hospital sues cardiology practice | A new business model | Whoop raises $575M

News You Need to Know Today
Fraud allegations lead to $4.75M settlement | Hospital sues cardiology practice | A new business model | Whoop raises $575M
Monday, April 13, 2026
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Editor's Choice: Economics

Cardiology practice, cardiologists pay $4.75M to resolve DOJ fraud allegations

The physicians allegedly performed medically unnecessary ablation procedures as part of a years-long fraud scheme.

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Cardiology practice, cardiologists pay $4.75M to resolve DOJ fraud allegations

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Department of Justice DOJ
The physicians allegedly performed medically unnecessary ablation procedures as part of a years-long fraud scheme.
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Hospital sues cardiology practice for alleged breach of contract, ending years-long partnership

The cardiovascular care of thousands of Missouri patients is suddenly up in the air. The heart of the issue is a practice's alleged interest in opening up a new private equity-backed clinic.  

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broken relationship broken contract
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Hospital sues cardiology practice for alleged breach of contract, ending years-long partnership

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broken relationship broken contract
The cardiovascular care of thousands of Missouri patients is suddenly up in the air. The heart of the issue is a practice's alleged interest in opening up a new private equity-backed clinic.  
READ MORE >

Arizona cardiology practice paying $3.85M to resolve lawsuit after data breach

The 2023 incident potentially gave an attacker access to the names, addresses and Social Security numbers of thousands of heart patients.

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money cybersecurity ransomware health IT data breach hacker
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Arizona cardiology practice paying $3.85M to resolve lawsuit after data breach

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money cybersecurity ransomware health IT data breach hacker
The 2023 incident potentially gave an attacker access to the names, addresses and Social Security numbers of thousands of heart patients.
READ MORE >

New business model helps private cardiology practices stay independent

The new approach allows private practices to expand and evolve without being acquired.

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business suit stethoscope corporate radiology
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New business model helps private cardiology practices stay independent

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business suit stethoscope corporate radiology
The new approach allows private practices to expand and evolve without being acquired.
READ MORE >

Whoop raises $575M—Abbott, LeBron James, Cristiano Ronaldo among the investors

Whoop, a Boston-based wearable technologies company, raised the new funding on a $10.1 billion evaluation.

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Whoop, a Boston-based wearable technologies company, has raised $575 million in new financing at a $10.1 billion valuation. Investors include Abbott, Mayo Clinic, LeBron James and Cristiano Ronaldo.
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Whoop raises $575M—Abbott, LeBron James, Cristiano Ronaldo among the investors

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Whoop, a Boston-based wearable technologies company, has raised $575 million in new financing at a $10.1 billion valuation. Investors include Abbott, Mayo Clinic, LeBron James and Cristiano Ronaldo.
Whoop, a Boston-based wearable technologies company, raised the new funding on a $10.1 billion evaluation.
READ MORE >

Mount Sinai announces new global center focused on heart valve disease

The Adams Valve Institute—named after David H. Adams, MD—plans on uniting specialists to provide high-quality care, promote innovation and advocate for policy reform.

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The leaders of the new Adams Valve Institute at Mount Sinai are Ismail El-Hamamsy, MD, PhD, director of aortic surgery and director of the Adams Valve Institute (left), and David H. Adams, MD, the Marie-Josée and Henry R. Kravis Professor and chair of the Department of Cardiovascular Surgery at the Icahn School of Medicine, and cardiac surgeon-in-chief of the Mount Sinai Health System.
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Mount Sinai announces new global center focused on heart valve disease

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The leaders of the new Adams Valve Institute at Mount Sinai are Ismail El-Hamamsy, MD, PhD, director of aortic surgery and director of the Adams Valve Institute (left), and David H. Adams, MD, the Marie-Josée and Henry R. Kravis Professor and chair of the Department of Cardiovascular Surgery at the Icahn School of Medicine, and cardiac surgeon-in-chief of the Mount Sinai Health System.
The Adams Valve Institute—named after David H. Adams, MD—plans on uniting specialists to provide high-quality care, promote innovation and advocate for policy reform.
READ MORE >

Cost-related medication non-adherence declined after the Inflation Reduction Act

Lower Medicare drug costs translated into more patients taking their medications, leading to better outcomes.

READ MORE >
Up to 30% of U.S. patients carry genetic variations that reduce the effectiveness of clopidogrel (Plavix) in preventing heart attacks. These patients can easily be identified through genetic testing, but current guidelines do not have any recommendations to do so. A commentary published in the Journal of the American Heart Association from a group of U.S. and European researchers is now calling for future guidelines to incorporate recommendations for CYP2C19 genotyping. prescription drugs
Share on Twitter Share on Facebook Share on Linkedin

Cost-related medication non-adherence declined after the Inflation Reduction Act

Share on Twitter Share on Facebook Share on Linkedin
Up to 30% of U.S. patients carry genetic variations that reduce the effectiveness of clopidogrel (Plavix) in preventing heart attacks. These patients can easily be identified through genetic testing, but current guidelines do not have any recommendations to do so. A commentary published in the Journal of the American Heart Association from a group of U.S. and European researchers is now calling for future guidelines to incorporate recommendations for CYP2C19 genotyping. prescription drugs
Lower Medicare drug costs translated into more patients taking their medications, leading to better outcomes.
READ MORE >

Private equity-backed cardiology practice adding new in-house smart lab powered by AI

Clinlab.AI will oversee every aspect of this new-look laboratory, working to integrate it with the practice's workflows in a way that boosts patient care and speeds up treatment decisions.

READ MORE >
AI healthcare doctor surgery procedure artificial intelligence
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Private equity-backed cardiology practice adding new in-house smart lab powered by AI

Share on Twitter Share on Facebook Share on Linkedin
AI healthcare doctor surgery procedure artificial intelligence
Clinlab.AI will oversee every aspect of this new-look laboratory, working to integrate it with the practice's workflows in a way that boosts patient care and speeds up treatment decisions.
READ MORE >

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