Category: Healthcare Finance News

Mastercard introduces immediate claims payment process

Mastercard has announced a medical claims payment partnership in India using its virtual card technology.  
Mastercard has teamed with financial institutions and Remedinet, a cloud-based health tech platform that connects hospitals, insurers and third-…

Seventy percent of physicians work on vacation, contributing to burnout

Most physicians – about 70% of them, in fact – work on their days off and during vacations, while about 20% of physicians took less than one week of vacation during the previous year, research in JAMA Network Open has found.

Blue Cross NC acquiring FastMed locations in urgent care expansion

Blue Shield and Blue Cross of North Carolina is expanding its urgent care presence in the state, having officially closed a deal to nab 55 FastMed urgent care clinics, which the insurer said was meant to address the lack of providers in rural areas.
An…

Children’s National Hospital partners for expensive gene therapy

Gene therapy has made all the difference for young patients at Children’s National Hospital in Washington, D.C., according to Eric Manuel Balmir, PharmD, vice president of clinical ancillary services and chief pharmacy officer.

$250M health system initiative to launch ‘healthcare high schools’

A new initiative and partnership between public schools and major health systems will create healthcare-centric high schools in various communities around the country that will graduate students directly into high-demand healthcare jobs with sustainabl…

Premium hikes outpacing employee wages, especially for Blacks, Hispanics

Employee wages have been unable to keep pace with the rising costs of premiums in employee-sponsored coverage, and the disparity is having an outsized effect on Black and Hispanic employees in particular, a new study in JAMA Network Open has found.

Solid operating margins have hospitals looking to strategic growth, says Kaufman Hall

Hospitals in the U.S. can begin to transition from financial stability to strategic growth after a month in which operating margins and other performance metrics improved, according to the newly released Flash Report from Kaufman Hall.

Acute Hospital Care at Home data released 

The Centers for Medicare and Medicaid Services is releasing data on the Acute Hospital Care at Home initiative through the Research and Data Assistance Center.
ResDAC collected data from November 27, 2020, through March 30, 2023. As required for partic…

CMS releases Interoperability and Prior Authorization Final Rule 

Under a final rule released today, impacted payers will be required to send prior authorization decisions within 72 hours for urgent requests and seven calendar days for standard requests.

BCBSA seeks to reduce racial maternal care disparities

The Blue Cross Blue Shield Association is kick-starting an effort to reduce ethnic and racial disparities in maternity care in about 600 acute care and pediatric hospitals across the country.