The Centers for Medicare and Medicaid Services reports that close to 24 million people have selected a health plan for 2025 during the Affordable Care Act open enrollment period.
Health systems need to know the ROI before they purchase technology, as CIOs and CFOs are looking at costs at a new level, says David Kirshner, managing partner at LogicSource and former CFO of Boston Children’s Hospital.
A bipartisan Senate report on private equity ownership of two health systems shows PE investment puts a priority of profit over patient health and hospital finances.
Transcarent, an employee healthcare navigation company, has entered into a definitive agreement to acquire health benefits platform Accolade for about $621 million, or $7.03 per share in cash. The Boards of Directors of both companies unanimously approved the combination, which they said will make it easier for people to access affordable healthcare, promising a “more […]
Under a new rule finalized this week by the Consumer Financial Protection Bureau, medical bills will no longer be included on credit reports, a move the CFPB expects will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans.
The Centers for Medicare and Medicaid Services kicked off its Transforming Mental Health (TMaH) Model at the beginning of the year, and this week announced the 14 states that will be participating in the 10-year model.
CVS Health has announced that all commercial prescriptions dispensed through its pharmacies will be now contracted through the company’s CostVantage reimbursement model. The model removes market reliance on cross-subsidization caused by market basket approaches to reimbursement, CVS said. This means a reduction in the need for higher rates on some medicines to help subsidize losses […]
Richmond University Medical Center in New York has experienced a data breach that has potentially exposed the protected health information of more than 674,000 people in and around Staten Island, the facility said.
The Mayo Clinic and Mayo Clinic Hospital in Rochester, Minn., is suing Sanford Health Plan over a patient’s unpaid medical bill. Mayo demands $750,000 in the civil complaint filed December 13 in Minnesota. Mayo alleges that Sanford in South Dakota is responsible for $739,956.20 in medical expenses incurred by a patient in the Mayo facilities […]
The Massachusetts State Auditor has conducted a performance audit of the Center for Health Information and Analysis (CHIA), determining that the agency did not adequately monitor the financial conditions of acute care hospitals in the state.