Jeff Lagasse

Author's posts

CMS updates SNF payments in new rule

The Centers for Medicare and Medicaid Services has issued a final rule updating Medicare payment policies and rates for skilled nursing facilities under the Skilled Nursing Facility Prospective Payment System for fiscal year 2025, resulting in a net in…

Humana logs $679 million in Q2 profit

Health insurer Humana pulled in $679 million in profit and $29.5 billion in revenue in the second quarter, bringing profit and revenue for the first half of the year to $1.4 billion and $59.2 billion, respectively, according to its Q2 earnings results.

Hospital operating margins stabilizing at end of Q2

Hospitals and health systems ended the second quarter with margins stabilizing, but high costs continue to pressure operations heading into the second half of the year, according to Strata’s Monthly Healthcare Industry Financial Benchmarks report.
The …

KFF: Rolling back enhanced subsidies would raise premium payments

Rolling back enhanced subsidies for Affordable Care Act plans would probably lead to a significant uptick in premium payments, as these subsidies have been instrumental in fueling enrollment growth, according to a new KFF analysis.

St. Bernard opens nonprofit aging center

Chicago’s St. Bernard Hospital opened its nonprofit Center for Better Aging last week, which began providing healthcare services for older adults on the South Side.
The Center for Better Aging, according to the hospital, is dedicated to achieving equit…

Lawmakers’ bill seeks to regulate private equity in healthcare

Congresswoman Pramila Jayapal, D-WA, and Senator Edward J. Markey (D-MA) have introduced the Health Over Wealth Act, legislation that would require greater transparency for private equity firms and for-profit companies that own healthcare entities, inc…

Centene boasts $1.1 billion in profit in Q2

Centene’s second-quarter earnings report brought good financial news for the insurer as it posted $1.1 billion in profit and $39.8 billion revenue, both improvements over the $1.05 billion in profit and $37.6 billion revenue it logged in Q2 2023.

CFOs confront funding challenges in long-term capital needs

Pressure is mounting for chief financial officers to meet cash flow targets in the coming years, according to a Knowtion Health’s “Race for Cash: Pivoting Your Denials Strategy for a New Era” report.

White House to award $45.1 million for expanded mental health

In an election-year push to expand mental health and substance use services, the U.S. Department of Health and Human Services, through the Substance Abuse and Mental Health Services Administration (SAMHSA), announced grant awards totaling $45.1 million…

HHS overhauling its tech, cybersecurity and AI functions

The U.S. Department of Health and Human Services has kicked off a reorganization meant to streamline and bolster technology, cybersecurity, data and artificial intelligence strategy and policy functions.