News Clips for Feb. 26, 2019

Wall Street, Seeking Big Tax Breaks, Sets Sights on Distressed Main Streets

Distressed America is Wall Street’s hottest new investment vehicle. Hedge funds, investment banks and money managers are trying to raise tens of billions of dollars this year for so-called opportunity funds, a creation of President Trump’s 2017 tax package meant to steer money to poor areas by offering potentially large tax breaks.

Utah’s tech sector now accounts for more than 300,000 jobs in the state, a new study finds

Employment in Utah’s technology sector has grown at twice the national average over the past 10 years and the industry now supports 1 in every 7 jobs in the state, a new study says. Also in the Deseret News.

Lawmakers scuttle plan to provide contraceptives to Utah's female jail inmates

A plan to provide contraceptives to female jail inmates is dead due to worries about costs and after legislators objected that other types of medical care behind bars are just as important.

Earth may be 140 years away from reaching carbon levels not seen in 56 million years

A study finds humans are pumping carbon dioxide into the atmosphere at a rate of nine to 10 times higher than the greenhouse gas was emitted during the Paleocene-Eocene Thermal Maximum, a global warming event that occurred roughly 56 million years ago

An update on Utah health care bills this session

This bill was passed by both chambers last week with strong support and forwarded on to the governor. It restores dental coverage for adults 65 and over on Medicaid. The University of Utah Dental School has agreed to pay the state’s portion of the federal Medicaid rate to make the bill fiscally neutral. The state estimates that an additional 10,200 clients age 65 and older will gain coverage under the bill.

Oncologists Advocate for Home-Based Cancer Care

To reduce costs to payers and improve outcomes for patients, more types of health care continue to move into the home. To further benefit patients, hospitals and payers, cancer treatment should be next, a recent article in the Journal of Clinical Oncology argues.