Author's posts
Health system operating margins declined in August
Performance metrics were mixed for many healthcare organizations in August, with patient demand stalling as expenses continued to rise, according to new data from Strata Decision Technology.
Improving health equity could add $2.8 trillion to GDP by 2040
Addressing health inequities could add $2.8 trillion to the U.S. economy by 2040, significantly boosting GDP and improving population health, while corporate profits could increase by $763 billion by that time, according to a new Deloitte analysis.
CVS Health mulls potential breakup in midst of strategic review
CVS Health is undergoing a strategic review that could reshape its future, and has retained bankers to help assess a variety of options, including a potential breakup of the business, The Wall Street Journal has reported.
UMC Health System hit with IT outage linked to ransomware
University Medical Center (UMC) Health System in Lubbock, Texas, is facing a significant disruption following a large IT outage, part of a ransomware attack that has impacted its ability to deliver care and conduct routine operations.
The ransomware i…
OIG: New York paid $23.3 million in Medicaid payments to deceased beneficiaries
An audit finds $7.8M in federal funds were claimed for enrollees who were incorrectly assigned to eligibility groups.
Claims denials on the rise, complicating revenue collection, survey finds
Healthcare claims processing is rife with inefficiencies and financial strains marked by operational bottlenecks, rising denial rates and increasing administrative burdens faced by providers, according to the new State of Claims 2024 report from Experi…
Average premiums for Medicare Advantage, Medicare Part D to decrease, CMS says
The lower MA premiums are expected to drive enrollment to 35.7 million by 2025 – about 51% of all Medicare beneficiaries.
New legislation seeks to make ACA premium tax credits permanent
The initiative arrives as the temporary expansion of tax credits is set to expire after 2025.
OIG: Remote patient monitoring in Medicare increasing
OIG identified systemic issues that impair Medicaid’s ability to root out fraudulent activities and offered several recommendations.
HHS investing $75 million in rural healthcare infrastructure
In a move designed to strengthen healthcare access and infrastructure in underserved areas, the Department of Health and Human Services has announced a $75 million investment in rural healthcare.
This initiative aims to expand healthcare services and i…
