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Express Scripts announces new ‘cost-plus’ drug pricing model
Express Scripts has announced a new pharmacy network option that offers “cost plus” drug pricing for employers and health plans.
Clients pay the estimated acquisition cost that the pharmacy pays for the medication, plus a small markup for pharmacy dis…
Health systems are investing in ambulatory pharmacy IT to improve patient access
A new survey shows that more than half of health system pharmacy leaders believe retailers and technology companies are having either a moderate or strong influence on their hospital’s pharmacy strategy, according to research released today by the Cent…
CMS releases standards and payment parameters for plans on the ACA marketplace
The Centers for Medicare and Medicaid Services is proposing standards for issuers and marketplaces, as well as requirements for agents, brokers, web-brokers, direct enrollment entities and assisters operating on the Affordable Care Act marketplace in a…
Nursing homes are required to disclose more ownership information in final rule
In a final rule released today, the Centers for Medicare and Medicaid Services is requiring greater transparency and disclosure of nursing home ownership.
GenAI: Risk vs. reward causing adoption to stall
Risk is one reason hospitals in the United States do not yet have large-scale adoption of generative AI, according to Patrick Bangert, senior vice president of Data and Analytics at Searce, a cloud solutions and technology services provider.
Bangert be…
Walgreens to lay off 5% of corporate workforce
Walgreens Boots Alliance is laying off 267 corporate employees, which represents 5% of that workforce,
Moody’s upgrades healthcare outlook from negative to stable for 2024
Moody’s Investors Service has revised its 2024 outlook for the not for profit and public healthcare sector to stable from negative, driven in large part by a decrease in labor costs.
Mass General Brigham partners with Best Buy on tech for acute care at home
Best Buy Health and Mass General Brigham are collaborating on the health system’s acute hospital care at home program called Mass General Brigham’s Home Hospital.
This technology-enabled clinical delivery model will expand access to Massachusetts resi…
AHA says 3.1% hospital outpatient payment increase is not enough
The American Hospital Association has criticized the “inadequate update” to outpatient hospital payments in the 2024 Medicare Hospital Outpatient Prospective Payment System and Ambulatory Surgical Center Payment System
Wins and losses in the physician fee schedule final rule
Providers are weighing in on the 2024 Medicare Physician Fee Schedule Final Rule, which finalized payment amounts in 2024 that will be reduced by 1.25% overall compared to 2023.
