Author's posts
HIMSSCast: Revolutionizing the Medicare program
Brookings Institution Visiting Fellow Wendell Primus spent 18 years working on Capitol Hill as a senior policy advisor on health and budget issues for former House Speaker Nancy Pelosi.
Now with Brookings Institution Research Assistant Parish Rich Bing…
Elevance reports 12.2% increase in earnings for Q1
Elevance Health on Thursday reported net income of $2.25 billion in the first quarter of 2024, a 12.2% from the $2 billion reported in the same quarter for 2023.
The insurance giant formerly known as Anthem reported no significant impacts to operations…
Pennsylvania health systems sue Aetna claiming breach of contract
Bridges Health Partners has filed a lawsuit against Aetna Network Services, citing multiple breach-of-contract claims from its 2023 agreement.
House subcommittee scrutinizes Change cyberattack
The House Subcommittee on Health and witnesses slammed insurers Tuesday for continuing to make money during the Change cyberattack crisis while hospitals and health systems suffer revenue losses and some physician practices are on the brink of bankruptcy.
Change cyberattack expenses expected to exceed $1 billion
The Change Healthcare cyberattack is expected to cost UnitedHealth Group $1 billion to $1.5 billion this year, according to CFO John Rex, who was also named president this month.
Proposed inpatient payment rates ‘woefully inadequate’ AHA says
Acute care hospitals are getting a 2.6% payment increase in a proposed rule released by the Centers for Medicare and Medicaid Services last week.
The proposal reflects a projected 2025 hospital market basket percentage increase of 3%, reduced by a 0.4…
Financial fallout continues from Change cyberattack
Over three-quarters of physician practices have experienced severe disruptions since the February 21 Change Healthcare cyberattack, according to an American Medical Association survey of state medical associations and national medical specialty societies.
Banner Health’s President Amy Perry named CEO
Phoenix-based Banner Health has named Amy Perry as the health system’s new CEO.
Currently Banner’s president, Perry will become both CEO and president after the retirement of Peter S. Fine, who was appointed CEO and president in 2000.
Intermountain Health spinoff Culmination Bio announces partnership
Intermountain Health spinoff Culmination Bio has announced a partnership with BillionToOne on oncology diagnostics.
Final rule issues guardrails in compensation to agents and brokers
The Centers for Medicare and Medicaid Services is cracking down on compensation to agents and brokers, in a final rule released last week.
