C-Suite

Growth in retail prescription drug spending is expected to be fastest at an average of 5.7% per year.

Republican House members last week introduced a package of bills that would create a state hospital pricing board, limit hospital price increases, restrict health care consolidation and prohibit certain physician non-compete agreements.

The legislation would allow advisors and firms to delay suspicious transactions if they believe financial exploitation has occurred or is about to take place.

The state's attorney general seeks documents on reimbursement rates, patient steering and pharmacy contracts as scrutiny of pharmacy benefit managers continues to intensify.

The legal wrangling began in 2019, when the hospital alleged that Kaiser Permanente underpaid for emergency medical services provided to its members after the two organizations terminated their formal provider contract four years earlier.

"When technology is built on trust, health care can finally move as fast as we do," said Dr. Sophia Saleem, chief health officer for Salesforce.