Category: Healthcare Finance News

Premier considering moves to increase value, including possible sale

Tech-driven healthcare company Premier is considering a number of potential strategic alternatives to enhance the value of the company for stakeholders, including the sale of all or part of the company, according to an announcement this week.

HCA Healthcare investing $300M in nurses’ training, education

HCA Healthcare has said it’s pledging more than $300 million in investments to support the education and training of nurses. This includes more than $200 million towards the expansion of Galen College of Nursing and approximately $136 million towards t…

Humana, Longevity Health partner on Medicare special needs plans

Health insurer Humana and Longevity Health Plan have joined forces to expand special needs health plan offerings that support the requirements of Medicare-eligible patients living in skilled nursing and senior living facilities.
The two companies have …

OIG finds $580 million in improper psychotherapy Medicare payments

The popularity and utility of telehealth has made it a more common form of healthcare delivery since the start of the COVID-19 pandemic, and telepsychiatry is one of the most used applications for the remote care technology. 

CDC Director Rochelle Walensky submits resignation days ahead of end of PHE

Dr. Rochelle Walensky, director of the Centers for Disease Control and Prevention has announced her intent to depart the agency at the end of June. 

Cigna logs $1.3B profit in Q1, promises transparency around PBMs

Health insurer Cigna has reported $1.3 billion in profit for the first quarter of this year, and has pledged more transparency around its pharmacy benefit manager business, which plays heavily into the company’s Evernorth subsidiary.
Cigna Chairman and…

HIMSSCast: Patient sitters free up clinician time, helping to alleviate workforce shortages 

Trained patient sitters are taking some of the burden off of licensed nurses, says Lauren Prepchuck, head of Patient Observation for Crothall Healthcare.

HIMSS23: Lack of care access requires automation and technology

CHICAGO – Lack of patient access because of a shortage of doctors and nurses is a global issue that can only be solved by technology, according to Rich Birhanzel, senior managing director, Accenture.
“It’s creating a financial resilience challenge,” sa…

Senators push DEA to permanently extend telehealth prescribing ability

Six U.S. Senators have penned a letter to the Drug Enforcement Agency imploring it to make permanent the flexibilities allowing physicians to prescribe controlled substances through telehealth without a face-to-face evaluation.

Virtual supervision ends, but virtual nurses should remain at end of PHE

At the end of the public health emergency on Thursday, virtual supervision by doctors and clinical staff is going away, to be replaced by a return to traditional care of having a physician in the room. 
Another type of virtual care that increased drama…