Category: Healthcare Finance News

Over $1.4 billion awarded for COVID-19 vaccine clinical trials and therapeutics

The federal government is releasing $1.4 billion to support clinical trials, coronavirus antibodies and what the Department of Health and Human Services is calling transformative technologies to fight COVID-19. 

Medicare Advantage should glean info on post-acute care, study finds

New data shows that Medicare Advantage beneficiaries generally use fewer post-acute care services than enrollees in fee-for-service Medicare, and also experience worse outcomes. For that reason and others, authors of a new study in JAMA Health forum sa…

Florida health agency sued over Medicaid terminations

A pair of Florida families have filed a class-action lawsuit against the Florida Agency for Health Care Administration and the Florida Department of Children and Families, claiming that low-income patients in the state are losing Medicaid coverage and …

Industry awaits names of 10 drugs subject to federal price negotiation

On or before September 1, the Centers for Medicare and Medicaid Services will release the names of the 10 Part D drugs subject to negotiated prices in Medicare starting in 2026.

Morris Hospital informs 248,000 patients of data breach

Morris Hospital and Healthcare Centers in Morris, Illinois is in the process of mailing notices to current and former patients and employees to inform them that a recent cybersecurity incident may have involved their personal information.

Healthcare staffing firms push to have temporary nurses recognized as employees

A group of 30 healthcare staffing firms has jointly penned a letter to the U.S. Department of Labor asking for guidance on the latter’s classification of temporary nurses as independent contractors – saying this in fact violates the Fair Labor Standard…

Medicare beneficiaries get prescription payment plan under new draft guidance

The Centers for Medicare and Medicaid Services has released draft guidance that would allow Medicare beneficiaries to pay for prescription drug coverage in monthly payments spread out over a year.

Select Health teams with Kroger on co-branded Medicare Advantage plans

Select Health and Kroger Health, the grocer’s healthcare division, have announced a co-branding relationship for Medicare Advantage plan offerings effective January 1, 2024.
These new co-branded plans will be offered in select counties in four states: …

Most Medicare beneficiaries concerned about program’s long-term sustainability

According to a new survey of more than 3,500 Medicare beneficiaries, about 74% are worried about the program’s long-term sustainability, a trend that holds across political lines.

Allina’s medical billing practices under investigation by Minnesota AG’s office

The Minnesota Attorney General’s office has announced an investigation into Allina Health’s billing practices.