Category: Healthcare Finance News

HIMSSCast: The next wave of automation will save healthcare $30 to $40B

Edifecs, founded in 1996, focuses on interoperability and automation in workflows. Over the last 20 years, the healthcare industry has seen 90 to 95% automation, saving avoidable costs of about $150 billion, according to CEO Venkat Kavarthapu.
What’s n…

New Calibrate CEO seeks to strengthen partnership with Optum Rx

Rob MacNaughton has been named new chief executive officer of Calibrate, a clinician-guided, value-based obesity treatment program, and one of his first missions will be to solidify a relationship with Optum Rx as a strategic partner during the company…

FDA considers extending RSV vaccine to adults in their 50s

Vaccinations for respiratory syncytial virus (RSV), an upper respiratory virus that typically thrives in colder weather, may soon extend to adults in their 50s thanks to a priority review granted by the U.S. Food and Drug Administration.

Increased Medicare Advantage utilization likely credit neutral, finds Fitch

Rising Medicare Advantage utilization among older U.S. adults, as well as rate cuts for 2025, are likely to be credit-neutral to the healthcare industry, according to analysts at Fitch Ratings.

Former CVS executive named U.S. Healthcare president at Walgreens

Walgreens Boots Alliance has appointed former CVS executive Mary Langowski as executive vice president and president, U.S. Healthcare. 
Langowski replaces current executive vice president and president, U.S. Healthcare, John Driscoll, who will transiti…

ACL final rule updates to Older Americans Act regulations

The Administration for Community Living has released a final rule that updates regulations for implementing its Older Americans Act (OAA) programs for the first time since 1988, aiming to better support the national aging network that delivers OAA serv…

Telehealth utilization on the rise nationally

Telehealth utilization increased nationally and in every U.S. census region in November 2023, according to FAIR Health’s Monthly Telehealth Regional Tracker. The widespread increases followed a month of varied changes in October.

HRSA seeking to reform organ transplant system

The Health Resources and Services Administration is leveraging new legal authority proposed in the President Biden’s Fiscal Year 2024 budget, issuing requests for proposals in advance of executing multiple different contract awards meant to increase co…

Amazon reportedly to cut hundreds of healthcare jobs

Amazon is reportedly cutting over 100 jobs at One Medical and Amazon Pharmacy, according to a letter to employees from Amazon Healthcare Services executive Neil Lindsay.

Vermont ACO model ties payer and provider payment to quality of care

Nestled between New Hampshire and upstate New York, Vermont is a quiet, mostly rural state. 
But it’s the site of a federal test of an alternative payment model in which the most significant payers from throughout the state – Medicare, Medicaid, and co…