Category: Healthcare Finance News

HIMSSCast: Despite high healthcare spending, outcomes worse in US than other developed nations

A Health Affairs Council on Health Care Spending and Value Executive Summary released in February shows that since the 1970s, healthcare growth has outpaced economic growth. 
The number one reason, according to the report, are advancements in care and …

Average pay for doctors dipped 2.4% in 2022, finds Doximity

The average pay for doctors declined 2.4% in 2022, coming at a time when U.S. healthcare workers are facing significant challenges, including economic strains, a growing physician shortage and high rates of work-related burnout.

Interest expense will rise 20% for most low-rated healthcare companies in 2023, Moody’s says 

Interest expense will rise 20% for most low-rated healthcare companies in 2023 and the metrics would further weaken if rates continue to rise, according to a new report by Moody’s Investors Service.

To meet interoperability mandates, providers and payers should build API expertise

The recent Centers for Medicare and Medicaid Services proposed Interoperability and Patient Access proposed rule is designed to provide patients with easier, more useful access to their health information, according to Drew Ivan, chief strategy officer…

Coalition decries legal challenges to No Surprises Act

A number of healthcare organizations, including AHIP and the American Benefits Council, have banded together to criticize legal challenges to the No Surprises Act, the 2020 law that aimed to take patients out of billing conflicts between providers and …

DOJ, states drop appeal of Optum and Change merger

The Department of Justice and states of Minnesota and New York have dropped their appeal of the $13.8 billion merger between Optum and Change Healthcare, according to a filing Monday in the District of Columbia Circuit Court.
The plaintiffs asked for t…

Physicians, administrators don’t see eye-to-eye on retirement

An aging physician workforce means many healthcare professionals are considering retirement. 
But physicians have different reasons for retirement, and different expectations, then their administrators, found a new survey from Jackson Physician Search.

Highmark Health reaches $26 billion in revenue

Highmark Health has announced consolidated financial results for the 2022 fiscal year, reporting $26 billion in revenue, an operating gain of $440 million and a net loss of $346 million.
Without factoring in the impact of unrealized investments, HIghma…

CMS issues revised guidance for independent dispute resolution process

The Centers for Medicare and Medicaid Services has issued revised guidance for the independent dispute resolution (IDR) process that is part of the No Surprises Act implementation.

Montana tops list of best states to work as a physician

Doctors and physicians have many options on where to work, but not all locales are created equally when it comes to the best places in which to practice. Factors such as opportunity, competition and the overall medical environment can result in differe…