Category: Healthcare Finance News

Connecticut AG secures $5M in prejudgement over defunct nursing school

Connecticut Attorney General William Tong has announced the state has secured a $5 million prejudgment remedy against Stone Academy, a now-defunct for-profit nursing school.

HHS response to cash flow concerns from Change cyberattack inadequate, providers say

The Department of Health and Human Services is offering flexibilities to hospitals, physicians, pharmacies and other stakeholders to help ease cash flow concerns caused by the Change Healthcare cyberattack and resulting disruption of services.
Provider…

Medicare Advantage seeing enrollment gains, but growth is slowing

Despite strong enrollment gains, market growth for Medicare Advantage seems to be slowing, according to the 2024 Medicare Advantage competitive enrollment report released by Chartis and HealthScape Advisors.

White House receives counteroffers from drug companies

All manufacturers participating in the first cycle of Medicare drug price negotiations have responded with counteroffers, according to the Department of Health and Human Services. 
The news comes after HHS sent initial offers on February 1, as the agen…

UnitedHealth reportedly pays $22M ransomware

UnitedHealth Group paid $22 million to recover access to data and systems encrypted by the Blackcat ransomware gang, according to Reuters.

Highmark unveils Alloyed Works in portfolio consolidation

Highmark Health has introduced Alloyed Works, which will unite its diversified business offerings in a single portfolio.

Hospital smart rooms take the pressure off of bedside nurses

Hospital smart rooms take the pressure off of nurses doing tasks at bedside that can be done virtually.
The technologies that make up a smart room – remote patient monitoring, virtual care, computer vision technology and a BioIntelliSense button to mea…

Primary care struggling, underinvested, report finds

The primary care workforce is struggling to meet the population’s demands, and doesn’t receive enough investment despite diminishing supply and growing demand, a new report has found.

UnitedHealth’s ‘bandaid’ payment for Change disruption falls short, hospitals say

UnitedHealth Group’s Temporary Funding Assistance Program to resume payment operations for hospitals dealing with the aftermath of Change Healthcare’s disruptive cyberattack “is not even a band-aid on the payment problems you identify,” the AHA

White House strengthens religious liberty protections for social services beneficiaries

Nine federal agencies are now tasked with advancing the White House’s call for religious freedom and equity by finalizing a rule that restores religious liberty protections for beneficiaries of federally funded social services, such as job training and…