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Molina Healthcare to acquire certain assets of Passport Health Plan for $20M
The anticipated reduction in health plan startup costs should allow Molina to recover the purchase price in about a year.
California AG conditionally approves $350M sale of nonprofit to Prime Healthcare
Prime will acquire St. Francis for a net of $350 million, with a $200 million base cash price and $60 million for accounts receivable.
Up to 10 million Americans could lose employer-sponsored healthcare due to COVID-19 job losses
About 48 million nonelderly Americans will be part of a household in which someone loses a job due to COVID-19.
COVID-19 is reducing physician compensation, job options
Demand for physicians, as gauged by the number of new search engagements, has declined by over 30% since March 21.
C. Duane Dauner, former California Hospital Association CEO, dies in car crash
Dauner helmed the CHA for more than three decades and was instrumental in developing the Affordable Care Act.
Insurers remain profitable, but that could change in the long term
Most insurers do not yet have a specific estimate of how much premiums might change due to COVID-19.
Price transparency, still up in the air, not likely to reduce costs
Chatbots can ease providers’ burden, offer guidance to those with COVID-19
When the perceived ability is the same, patients viewed chatbots more positively than human agents.
Half of consumers avoid seeking care because it’s too difficult
People find multiple aspects of the healthcare system unintuitive or difficult to navigate, suggesting providers and plans should streamline.
Value-based payment penalties disproportionately impact safety net hospitals
Neither safety net nor non-safety net hospitals showed improvements in the four infections analyzed, including after VBC was implemented.
