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541 ACOs in the Medicare Shared Savings Program saved Medicare $1.2 billion in 2019

Organizations such as the National Association of ACOs urge reforms to increase ACO growth and savings.

Former Beaumont trustee wants CEO, COO and CMO fired through AG intervention

Beaumont’s board is split on AdvocateAurora deal and has agreed to delay vote until members have further talks with physicians.

GOP coronavirus relief bill fails to pass in Senate

Nothing in bill for hospitals other than funds for coronavirus testing; nothing on horizon until after the election.

Saint Peter’s Healthcare System and RWJBarnabas Health finalize partnership 

Saint Peter’s has been seeking a partner to allow it to maintain its Catholic mission and identity in a changing and competitive healthcare market.

Cigna expands its Affordable Care Act footprint

Expansion increases customer reach by 27%, adding 80 new counties in 2021­.

AstraZeneca puts COVID-19 vaccine trial on hold after volunteer becomes ill

The company says it is working to expedite the review of the single event to minimize any potential impact on the trial timeline. 

AHIP addresses infrastructure and cost issues associated with a COVID-19 vaccine

Insurers can use their member data to help identify which people meet the criteria to be eligible for the vaccine, AHIP says.

Hospital revenue at risk in CMS’s proposal to move joint replacement to outpatient care

At stake is $3.2 billion in revenue for a one-day length of stay as 80% of revenue for all services is in joint replacement.

President Trump touts record on virus, testing and lowering drug costs during acceptance speech

In his 70-minute speech from the South Lawn of the White House last night, President Donald Trump bashed opponent Joe Biden.

Allina Health and Blue Cross and Blue Shield of Minnesota form value-based agreement

The agreement is expected to provide more stable and predictable revenue, a need underscored by the pandemic.