Category: Healthcare Finance News

CMS releases 2024 Medicare Parts A and B premiums and deductibles

The Centers for Medicare and Medicaid Services has released the 2024 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B and the 2024 Medicare Part D income-related monthly adjustment amounts.
WHAT’S THE IMPACT: PART B Pre…

Patient care threatened by ever-increasing cyberattacks

Patient care is under threat from cyberattacks, particularly supply chain and business email compromise (BEC) attacks, as more and more healthcare organizations are grappling with the cost and headache associated with them, finds a new survey on health…

Hospital spending is projected to increase by 9.3% this year

Healthcare spending projections for 2030 are now 21% below what the Centers for Medicare and Medicaid Services expected a decade ago, according to a study by Peterson Center on Healthcare and KFF.

BCBS Michigan, Vermont affiliation receives green light

Blue Cross Blue Shield of Michigan and Blue Cross Blue Shield of Vermont have received formal approval from the Vermont Department of Financial Regulation to affiliate, which will enable both organizations to begin sharing resources and expertise to br…

Humana CEO to step down, hand reins to replacement in 2024

Health insurer Humana has named healthcare industry veteran Jim Rechtin as its president and chief operating officer effective January 8, 2024, as part of a long-planned CEO transition. He will report to CEO Bruce Broussard until the latter half of 202…

Evernorth acquires Bright.md in bid to enhance MDLIVE

Evernorth Health Services, the pharmacy, care and benefits division of The Cigna Group, has revealed that it intends to enhance MDLIVE’s virtual care by acquiring the technology and clinical capabilities of Bright.md, which focuses on asynchronous care…

Walgreens to launch direct virtual care to consumers

Walgreens will be offering direct to consumer virtual services starting later this month.
Insurance is not being accepted for these visits, Walgreens said. Most Walgreens Virtual Healthcare chat visits will be priced at $33 out-of-pocket, with pricing …

Employer coverage of GLP-1 weight loss drugs expected to double

While 81% of human resource decision-makers feel their employees would be interested in GLP-1 weight loss medications, only 25% cover GLP-1s currently – but that figure is expected to double next year, according to a new survey from Accolade.
GLP-1 med…

Telehealth filling critical need for pediatric mental health, study finds

Pediatric telehealth for mental health needs filled a critical deficit in the immediate period following the emergence of COVID-19, and continues to account for a substantial portion of pediatric mental health service utilization and spending, accordin…

Upstate New York health systems seek approval to merge five hospitals 

Upstate New York health systems Cayuga Health System and Arnot Health are seeking state regulatory approval to affiliate as members of a parent company. 
Under the new structure, the new organization of five hospitals will oversee one billion dollars o…