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Kaiser Permanente reportedly selling up to $3.5 billion in private equity funds
Kaiser Permanente plans to sell up to $3.5 billion of holdings in private-equity funds due to cash constraints, The Wall Street Journal said, citing unnamed sources.
Kaiser is reportedly working with investment bank Jefferies Financial Group to offload…
CMS extends state waivers to keep people covered under Medicaid and CHIP
The Centers for Medicare and Medicaid Services has announced an extension of unwinding flexibilities for states to protect coverage for people and families enrolled in Medicaid and the Children’s Health Insurance Program.
HIMSSCast: It’s spring, and for 80 million of us, that means allergy season
An estimated 80 million people in this country suffer from some type of allergy and up to 40% of Americans have environmental allergies caused by substances such as hay fever, pet dander and dust mites.
These common conditions can often be treated by o…
Ways and Means passes bill to preserve telehealth, hospital at home
The House Ways and Means Committee has passed telehealth legislation to preserve flexibilities for virtual care introduced during the COVID-19 pandemic.
Steward Health Care to sell all of its hospitals
Steward Health Care will sell all of its 31 hospitals, according to documents submitted to the U.S. Bankruptcy Court in Houston on Tuesday.
Ascension hit by cyberattack
Ascension has reported a cybersecurity attack that has disrupted clinical operations.
Medicare Trustees warn of low physician payment
The American Medical Association is again sounding the alarm on low physician pay based on the release of the Medicare Trustees Report outlining the challenge of payments not keeping up with pace with inflation or the cost of practicing medicine.
Senator asks for investigation on use of algorithms in healthcare pricing
Sen. Amy Klobuchar has sent a letter to the Attorney General’s office and to the Federal Trade Commission asking for an investigation into the use of algorithm pricing tools by health insurers.
Steward Health Care files for Chapter 11 bankruptcy
Steward Health Care, among the largest physician-led hospital operators in the country, has filed for Chapter 11 bankruptcy, the company announced today.
Steward is finalizing a deal with its landlord, Medical Properties Trust, on the terms of a bankru…
Cigna reports $277 net loss amid VillageMD Clinic asset decrease
Cigna reported a $277 million net loss during its Q1 earnings call on Thursday. This compares with profits of $1.27 billion a year earlier.
The loss is driven by a non-cash after-tax net realized investment loss of $1.8 billion, primarily related t…
