The State of Texas has sued the Department of Health and Human Services over its mandate is
Category: Healthcare Finance News
HHS orders additional 2.5 million doses of monkeypox vaccine
The federal government has ordered another 2.5 million doses of Bavarian Nordic’s JYNNEOS vaccine to respond to the current monkeypox outbreak. This follows a July 1 order for 2.5 million doses that will begin arriving in the Strategic National Stockpi…
UnitedHealthcare eliminating out-of-pocket costs for insulin, other drugs
On the heels of a strong financial quarter in Q2, UnitedHealthcare has said it will eliminate out-of-pocket costs for insulin and other medications for eligible members, offering a zero cost share for five drugs in its fully insured group plans.
Pendin…
CMS releases Medicare OPPS and ASC proposed rule
The Centers for Medicare and Medicaid Services is proposing actions meant to advance health equity and improve access to care in rural communities by establishing policies for Rural Emergency Hospitals (REH) and providing for payment for certain behavi…
Medicare Advantage profit structure under scrutiny in new report
As enrolment in the Medicare Advantage (MA) program grows, so are concerns and uncertainly over the profits providers are reaping and whether or not “overpayment” is an issue.
Megadeals push healthcare merger activity to $19.2 billion in Q2
Healthcare mergers and acquisitions had a banner quarter in the second quarter of this year, with a record high of $19.2 billion in total transacted revenue, driven by a couple of “megadeals” that led to double the transacted revenue posted in Q1.
Optum helps UnitedHealth Group post $5.1 billion in Q2 profit
UnitedHealth Group posted $5.1 billion in profits while raking in $80.3 billion in revenues in the second quarter of the year, showing 13% growth year-over-year, driven by double-digit growth at Optum and UnitedHealthcare, the company’s provider and in…
More than 1/5 of revenue cycle leaders outsource outpatient services
About 22% of revenue cycle leaders who manage their inpatient revenue cycle management already outsource some of their outpatient RCM, and 12% have ambitions to do so in the future, finds a new survey conducted by the Healthcare Financial Management As…
LA ordinance raises minimum wage for private healthcare workers to $25 per hour
Los Angeles Mayor Eric Garcetti signed an ordinance into law that raises the minimum wage for healthcare workers to $25 per hour at eligible private healthcare facilities.
Blue Cross NC, Headway team on mental health for children and the underserved
Blue Cross and Blue Shield of North Carolina is joining forces with Headway, a mental health company that works with insurers to deliver behavioral healthcare, to address what it sees as a serious problem: A shortage of mental health professionals in t…
