As the cost of healthcare in the U.S. continues to rise, many employers are rethinking their plan designs instead of passing the added expenses onto workers, found a report from global advisory and broking firm WTW.
Category: Finance, Business
Health system operating margins declined in August
Performance metrics were mixed for many healthcare organizations in August, with patient demand stalling as expenses continued to rise, according to new data from Strata Decision Technology.
Advocate Health forgives medical debt linked to real estate liens
Advocate Health, the nation’s third-largest non-profit health system, will begin canceling all judgment liens previously placed on homes and real estate as part of its efforts to collect unpaid medical bills, and will also forgive the outstanding debts…
Mass General, Tampa General deepen affiliation to advance specialty care
Tampa General Hospital and Boston-based Mass General Brigham have said they’re “deepening” their affiliation with the development of new programs and services, including a bone marrow transplant program and CAR-T therapy program, at TGH.
Employers expect benefit costs to rise 5% for third straight year
Total health benefit cost per employee is expected to rise 5.8% on average in 2025, even after accounting for planned cost-reduction measures, according to an analysis based on a survey by Mercer.
UnitedHealthcare, HCA Healthcare resolve contract dispute
After months of negotiations, a contract dispute between UnitedHealthcare and HCA Healthcare has been resolved, with the two parties coming to an agreement hours before a September 1 deadline that would have interrupted network coverage in Texas, New H…
Walgreens, BARDA team to strengthen clinical trials
Walgreens is partnering with the Biomedical Advanced Research and Development Authority (BARDA) – part of the Administration for Strategic Preparedness and Response in the Department of Health and Human Services – to increase innovation in decentralize…
Healthcare bankruptcies on the decline
Healthcare bankruptcies are on a gradual decline, showing signs of slowing down over the past three fiscal quarters, according to data published by healthcare advisory firm Gibbons Advisors.
The report analyzed healthcare sector Chapter 11 bankruptcy c…
Kaiser Permanente reports $908M in Q2 operating income
Kaiser Permanente showed year-to-year financial improvement in Q2, reporting an operating income of $908 million (up from $741 million in Q2 2023), and an operating margin of 3.1% (up from 2.9% a year ago).
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