Category: Healthcare Finance News

Senators call inhaler prices ‘outrageous,’ pressure drugmakers

Four U.S. senators led by Bernie Sanders, I-Vt., have sent letters to the four largest inhaler manufacturers – AstraZeneca, Boehringer Ingelheim, GlaxoSmithKline (GSK) and Teva Pharmaceuticals – informing them of an investigation into inhaler prices, w…

Two of Devoted Health’s MA plans earned 5 stars during a difficult year for star ratings

“We take our members and treat them really, really nicely,” says CMO Neil Wagle.

Marshfield Clinic Health System, Essentia Health call off merger talks

Marshfield Clinic Health System (MCHS) and Essentia Health have called off their merger talks and will not be moving forward with their proposed integration, the organizations said.
The two entities have “engaged in meaningful discussion” over the last…

CVS appoints Tim Cowhey as permanent CFO

CVS Health Senior Vice President of Corporate Finance Tom Cowhey has been serving as the company’s interim chief financial officer since October, and has now been appointed as permanent CFO, CVS recently announced.
CEO of Oak Street Health and interim …

Mask mandates return at some hospitals as COVID-19 cases rise

Mask mandates have returned in at least four states as cases of COVID-19, flu, RSV and other respiratory infections rise.
Healthcare facilities in New York, California, Illinois and Massachusetts have made masks mandatory among patients and providers, …

Elevance Health eyes acquisition of Paragon Healthcare

Elevance Health is looking to expand, entering into an agreement late last week to acquire Paragon Healthcare, a company specializing in infusible and injectable therapies.

HIMSSCast: Devoted Health’s 5-star rating success is due to its ‘prime directive,’ backed by tech

This past October, when some of the bigger Medicare Advantage plans failed to get the 5 stars they had previously earned, the Massachusetts-based Devoted Health had two plans that earned the top rating.

AHA joins chorus against information blocking rules

The American Hospital Association has joined voices urging the Centers for Medicare and Medicaid Services and the Office of the National Coordinator not to finalize a proposed rule on information blocking.

Texas Children’s Hospital gets data to clinical teams bedside to improve outcomes

Texas Children’s Hospital, one the largest pediatric hospitals in the United States that also serves women, achieved HIMSS Stage 7 designation in the delivery of patient care and won a Davies Award for significantly improving clinical care outcomes.

Americans pay more for brand name drugs than in other countries

A report released today by The Commonwealth Fund confirms what has long been the common wisdom about drug prices in this country: Americans pay more for brand-name prescription medications than do residents of most other countries.