SEIZE THE $50 BILLION SITE-OF-CARE SHIFT OPPORTUNITY
Get the tools, data, and insights to drive growth.
Learn more
RECALIBRATE YOUR HEALTHCARE STRATEGY
Learn 4 strategic pivots for 2025 and beyond.
Learn more

Daily Briefing

Around the nation: 'I'm not going to retire,' Fauci clarifies


Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases (NIAID), clarified that he does not plan to retire after he announced that he plans to leave his position by the end of President Joe Biden's current term, in today's bite-sized hospital and health industry news from California, the District of Columbia, and Maryland.

  • California: Earlier this month, Ramesh "Sunny" Balwani, former president and COO of Theranos, was found guilty of 10 counts of wire fraud and two counts of conspiracy to commit wire fraud. Notably, Balwani received a more severe verdict than co-conspirator Elizabeth Holmes, who was found guilty of four counts of fraud and acquitted of four counts of fraud. Balwani and Holmes both face a maximum of 20 years in prison for their role in misrepresenting the capabilities of Theranos's products to draw investors and customers. (Griffith, New York Times, 7/11; Primack, Axios, 7/7; AP/Modern Healthcare, 7/7)
  • District of Columbia: Fauci on Tuesday clarified that he does not plan to retire after he announced that he plans to leave his position by the end of President Joe Biden's current term, spurring a wave of speculation around Fauci's potential retirement. On Tuesday, Fauci clarified that he will not be retiring. "I'm not going to retire. No, no, I'm not going to retire. I may step down from my current position at some time," Fauci said at The Hill's "Future of Health Care Summit." When asked if he would continue working for the federal government if former President Donald Trump is reelected in 2024, Fauci clarified that he plans to leave his current position regardless. "I said a very innocent but true thing. I said whether it's Donald Trump or it's Joe Biden's second term, I don't intend to be in my current position in January of 2025," Fauci said. "What happens between now and then I have not decided, but the one thing I do know is that I have other things that I want to do in a professional way that I want to have the capability—while I still have the energy and the passion to do them." (Choi, The Hill, 7/19)
  • Maryland: CMS on July 7 added four new measures to its nursing home staffing rating system. While the existing system included measures of RN and total nurse hours per resident per day, the new rating system includes measures of overall nurse staffing hours per resident per day on weekends, total nurse staff turnover within a year, RN turnover within a year, and the number of administrators who leave the nursing home within a year. (Gleeson, Becker's Hospital Review, 7/11)

SPONSORED BY

INTENDED AUDIENCE

AFTER YOU READ THIS

AUTHORS

TOPICS

INDUSTRY SECTORS

MORE FROM TODAY'S DAILY BRIEFING

Don't miss out on the latest Advisory Board insights

Create your free account to access 1 resource, including the latest research and webinars.

Want access without creating an account?

   

You have 1 free members-only resource remaining this month.

1 free members-only resources remaining

1 free members-only resources remaining

You've reached your limit of free insights

Become a member to access all of Advisory Board's resources, events, and experts

Never miss out on the latest innovative health care content tailored to you.

Benefits include:

Unlimited access to research and resources
Member-only access to events and trainings
Expert-led consultation and facilitation
The latest content delivered to your inbox

You've reached your limit of free insights

Become a member to access all of Advisory Board's resources, events, and experts

Never miss out on the latest innovative health care content tailored to you.

Benefits include:

Unlimited access to research and resources
Member-only access to events and trainings
Expert-led consultation and facilitation
The latest content delivered to your inbox
AB
Thank you! Your updates have been made successfully.
Oh no! There was a problem with your request.
Error in form submission. Please try again.