Category: Healthcare Finance News

Humana taps Veda to improve accuracy of provider directories

Humana has partnered with health technology company Veda to improve the accuracy of its provider information and ensure that seniors have real-time details about in-network providers.

Blackcat ransomware gang reportedly behind Change cyberattack

The Blackcat ransomware gang is behind the Change Healthcare cybersecurity attack last week that has affected prescription deliveries, according to Reuters.

Waltz Health enters Medicare Advantage space with SCAN collaboration

Digital health company Waltz Health, which focuses on technology-enabled ways to price, distribute and prescribe medications, will be entering into the Medicare Advantage arena.
The company will offer health plans that support Medicare beneficiaries cu…

False Claims Act judgments for healthcare totaled $1.8 billion in 2023, DOJ says

Settlements and judgments under the False Claims Act exceeded $2.68 billion in the fiscal year ending Sept. 30, 2023, and of that total, more than $1.8 billion related to matters that involved the healthcare industry – including managed care providers,…

CHS under investigation by DOJ

Community Health Systems is under investigation by the Department of Justice, the company revealed in a filing last week with the Securities and Exchange Commission.

‘Nurse burnout’ Googled most in Arizona, survey finds

Nurse burnout can be measured in a number of ways, but a new survey has examined the 10 states in which nurses Googled the term “burnout” the most – and based on that metric, Arizona is the state in which nurses are currently experiencing the highest l…

Change cybersecurity attack is a ‘threat-to-life’ crime, says AHA

Fallout from Wednesday’s cybersecurity attack on Change Healthcare continued into the weekend, with no reported end to the disruption to its own and other healthcare systems.
On Friday, AHA President and CEO Rick Pollack called such cyberattacks, “thre…

Mercyhealth’s revenue cycle benefitted from putting staffers in the right roles

Kimberly Scaccia of Mercyhealth Systems, has focused on her staff since she took on the position as vice president for Revenue Cycle at the health system in March 2020, just as the pandemic was taking hold.
COVID-19 meant sending staff home to work whi…

Ethical application of AI in healthcare in the spotlight

Artificial intelligence in healthcare has the potential to improve patient outcomes, but with that comes an imperative to deliver AI-enabled products responsibly. 
That means discussing the ethical and regulatory considerations about data privacy. Ente…

Walgreens closing 60 VillageMD clinics in bid to cut costs

In a bid to increase profitability, Walgreens is implementing a cost-saving strategy it hopes will save $1 billion, and one of the main components of that strategy is the closing of roughly 60 VillageMD clinics that the company has deemed underperformi…