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Employer health costs projected to rise 9%
The average cost of employer-sponsored healthcare coverage in the U.S. is expected to increase 9% next year, surpassing $16,000 per employee in 2025, according to a new Aon report.
This projected increase, which assumes employers do not implement emplo…
Humana to pay $90 million to settle allegedly fraudulent Part D bids
Insurer Humana has said it will pay $90 million to resolve a False Claims Act case alleging that the company submitted fraudulent bids to the Centers for Medicare and Medicaid Services to secure Part D prescription drug contracts between 2011 and 2017….
Healthcare bankruptcies on the decline
Healthcare bankruptcies are on a gradual decline, showing signs of slowing down over the past three fiscal quarters, according to data published by healthcare advisory firm Gibbons Advisors.
The report analyzed healthcare sector Chapter 11 bankruptcy c…
National heat strategy seeks to protect people against extreme weather
The federal government is treating extreme heat as an economic and public health concern, and this week the federal interagency National Integrated Heat Health Information System (NIHHIS) released a National Heat Strategy for 2024-2030 that aims to coo…
Elevance Health debuts Mosaic Health primary care platform
Elevance Health, in conjunction with global private equity manager Clayton, Dubilier and Rice, has introduced national care delivery platform Mosaic Health, which aims to bring together apree health and Millennium Physician Group to offer clinical and …
Administration reaches negotiation agreement on 10 drugs
In a bid to lower prescription drug prices, the Biden administration this week reached an agreement for new, lower prices for the 10 drugs selected for negotiations. These drugs, the White House said, are some of the most expensive and most frequently …
Administration reaches negotiation agreement on 10 drugs
In a bid to lower prescription drug prices, the Biden administration this week reached an agreement for new, lower prices for the 10 drugs selected for negotiations. These drugs, the White House said, are some of the most expensive and most frequently …
Vivid Health expanding AI platform to home health market
Vivid Health, an artificial intelligence-powered care management company, is expanding its generative AI platform to support the home health market, with an eye toward helping home health agencies potentially double the number of patients they accept p…
Kaiser Permanente reports $908M in Q2 operating income
Kaiser Permanente showed year-to-year financial improvement in Q2, reporting an operating income of $908 million (up from $741 million in Q2 2023), and an operating margin of 3.1% (up from 2.9% a year ago).
Republican states sue feds over HHS rule mandating DACA coverage
Fifteen Republican-led states are suing the Biden administration in an attempt to stop the government from opening up the Affordable Care Act to immigrants in the Deferred Action for Childhood Arrivals (DACA) program, saying the recipients are not “leg…
