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Venture capital firm HATCo to buy Summa Health for $485 million
Akron, Ohio-based Summa Health has entered a definitive agreement to be purchased by venture capital firm General Catalyst Health Assurance Transformation (HATCo) for $485 million.
What Trump’s election means for healthcare
Tom Leary, head of Government Relations at HIMSS, is tracking what the change in the administration could mean for interoperability and data sharing regulations that are already well underway. He and his team are also looking at what a new Congress mea…
Elevance latest insurer to sue over Medicare Advantage star ratings
Elevance Health is the latest insurer to sue the Department of Health and Human Services over Medicare Advantage star ratings.
Elevance, with affiliates Community Insurance Company in Ohio and Wellpoint in Texas, filed the lawsuit last week in federal …
Home health agencies get half a percent pay increase
Home Health agencies get a 0.5% payment increase in the 2025 Home Health Prospective Payment System final rule.
Medical groups push for end to yearly payment cuts
The Centers for Medicare and Medicaid Services has finalized the proposed 2.8% payment cut for physicians in its 2025 Medicare Physician Fee Schedule final rule.
Majority of cyberattacks are through third-party vendors
WASHINGTON, D.C. – The vast majority of cybersecurity risks and breaches are from third-party vendors and other organizations, said experts John Riggi and Richard Staynings during the closing keynote of the HIMSS Healthcare Cybersecurity Forum on Friday.
HIMSSCast: Prior authorization as gatekeeper
Prior authorization does not work for patients, providers or even payers, according to Peter Ax, founder and CEO of UpScriptHealth.
The intention of prior authorization is to make an efficient use of health resources, Ax said. It has not worked.
“Prior…
Steward Medical sold to Rural Healthcare Group
Steward Medical Group and Steward Health Care Network have been sold to Rural Healthcare Group and have been rebranded as Revere Medical.
Bill would give physicians a pay increase, block Medicare cuts
A bipartisan bill introduced in the House would stop Medicare payment cuts from taking effect in January and give physicians a pay increase.
The Medicare Patient Access and Practice Stabilization Act, introduced on Tuesday, would provide a 4.7% payment…
Two CFOs see promise of AI, but have yet to build a dedicated budget
CFOs of two of the country’s largest nonprofit health systems were asked about their financial strategies in the midst of generative AI becoming the next big thing with the launch of ChatGPT in 2022.
