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Universal Health Services officials ‘optimistic’ for resolution in DOJ investigation soon
Health system officials addressed the ongoing Department of Justice investigation and discussed the financial outlook for its behavioral health facilities.
Amazon, Walmart, Cigna among companies announcing commitment to opioid crisis as Trump signs new law
As President Donald Trump held a ceremony to sign a massive package aimed at combating the opioid crisis into law on Wednesday, the administration also announced commitments of support from large companies including Amazon, Cigna, CVS Health, Rite Aid,…
HHS announces new payment model for mothers addicted to opioids
The Center for Medicare and Medicaid Innovation will partner with state Medicaid agencies to integrate a wide range of services for pregnant and postpartum women, HHS Secretary Alex Azar announced on Tuesday.
Kennedy Forum launches campaign against addiction, mental health care insurance denials
Calling the campaign “Don’t deny me,” former congressman Patrick Kennedy said he is trying to create a movement of patients pushing back against insurance denials for mental health and addiction care that should be covered under the decade-old parity l…
Moody’s: Children’s hospitals outperform adult hospitals even as expenses rise
A new report from Moody’s Investors Services said children’s hospitals in the U.S. will continue to hold their financial advantage about 3-4 percentage points over adult hospitals over the next year due, in part, to strong patient demand and limited co…
Michigan CEO pleads guilty in $300M opioid fraud scheme
Authorities said the CEO of a pain clinic was allegedly involved in a scheme to illegally distribute opioids and used the proceeds for luxury clothes from retailers like Hermes, exotic vehicles such as the Lamborghini, a mansion and other real estate i…
Grassley calls for Federal Trade Commission to examine hospital, insurer contracting
Senate Judiciary Committee Chairman Chuck Grassley is calling for the Federal Trade Commission to examine “potentially anticompetitive contracting practices between insurers and hospital systems” that could be driving up costs for consumers.
Walgreens and LabCorp to open 600 in-store testing sites
Walgreens plans to partner with diagnostics giant LabCorp to open at least 600 testing centers inside Walgreens retail locations over the next four years.
Study: High-deductible employer plans contribute to financial burden for low-income patients
Nearly half of low-income adults with chronic health conditions and a high-deductible insurance plan sponsored by their employer are facing crushing financial burdens from health costs, according to a new study.
Banner Health, Ascension executives join hundreds of hospital CEOs defending 340B program
CEOs from more than 700 hospitals sent a letter to Congressional leaders, calling on them to protect the 340B drug discount program.
