Two rural Catholic hospitals in Illinois are closing all operations as of Friday, June 16, due in part to a 2021 cyberattack.
Category: Healthcare Finance News
A cyberattack is partly to blame for St. Margaret’s Health closing all operations
Two rural Catholic hospitals in Illinois are closing all operations as of Friday, June 16, due in part to a 2021 cyberattack.
HHS urges governors to adopt new flexibilities to keep Medicaid members covered
Health and Human Services Secretary Xavier Becerra has sent a letter to governors urging them to adopt new flexibilities to minimize avoidable Medicaid coverage losses among children and families.
AI can help hospitals bill complete medical record
Billing inaccuracies are estimated to cost hospitals billions annually, but physician-trained artificial intelligence can help hospitals recover millions in lost revenue by reducing denials, according to Dr. Michael Gao, CEO and cofounder of SmarterDx….
CMS expands Extra Help program for savings on Medicare Part D premiums and cost-sharing
Beginning January 1, 2024, eligible seniors and people with disabilities will be eligible for additional benefits to lower prescription drug costs through the expansion of the Extra Help program, according to the Department of Health and Human Services.
Walgreens Boots Alliance sells remaining shares of Option Care Health
In the midst of layoffs and two opioid settlements, Walgreens Boots Alliance has announced the sale of its remaining shares of Option Care Health for approximately $330 million
Better behavioral health ecosystem can improve outcomes
While 50% of adults with a behavioral condition do not receive treatment, a robust ecosystem inclusive of early identification, along with personalized care pathways with patient to provider matching, can result in improved outcomes, according to new r…
Medicare members to pay less for 43 prescription drugs whose prices rose faster than inflation
The Centers for Medicare & Medicaid Services today released the list of 43 prescription drugs for which Medicare Part B beneficiaries’ coinsurances may be lower starting July 1 through September 30.
Top Stories: Mount Sinai develops AI for electrocardiograms
Artificial intelligence has a new use case in healthcare. What is it, exactly? We’ll shine a light on that and other new in this week’s Top Stories, including a look at Medicaid disenrollments and Apple’s new Watch update.
For more news and features fr…
Injunction keeps ex-Cigna exec Bricker from joining CVS
A federal judge in St. Louis has issued a preliminary injunction that effectively bars former Cigna executive Amy Bricker from working for CVS Health. Meanwhile, a lawsuit over her non-compete clause is set to move forward.
