Insurers have been pushing back against a Medicare Advance Notice on payment rates and a Risk Adjustment Data Validation (RADV) final rule they say will affect consumers and taxpayers.
Category: Healthcare Finance News
Healthcare and technology groups support proposed interoperability and prior authorization rule
Healthcare and technology groups want Medicare Advantage plans included in the Centers for Medicare and Medicaid Services’ proposed rule to expand access to health information and improve the prior authorization process.
AHIP helms coalition to avoid Medicaid redetermination coverage lapses
A new coalition fronted by insurer group AHIP is pushing to avoid lapses in coverage for people who may be dropped from the Medicaid program once states restart redeterminations.
Senators push CMS to close price transparency loopholes
Senators Maggie Hassan (D-NH) and Mike Braun (R-IN) are pressing the Centers for Medicare and Medicaid Services to update its regulations and close loopholes they say allow health insurers to avoid price transparency requirements.
Providence reports $1.7 billion operating deficit in 2022
Providence St. Joseph Health reported a $1.7 billion deficit of revenues over expenses from operations for 2022.
The large Catholic health system, with headquarters in Renton, Washington and Irvine, California, said operating losses were impacted by ec…
Nurses faring better despite still-high rates of burnout
Nurses nationwide are feeling slightly better about their jobs these days, with a new nurse.org survey showing that 60% still love being a nurse. But 62% are still concerned about the future of nursing.
Hospitals’ labor costs increased 258% over the last three years
Contract labor expenses for hospitals shot up 258% from 2019 to 2022, which is linked to long-standing labor shortages in the industry, according to data published by Syntellis and the American Hospital Association.
Top Stories: Best Buy, Atrium developing hospital-at-home offerings; Microsoft and MITRE develop automated adversarial attack library
A tech retailer is moving into the remote patient monitoring space. What are the details? We’ll suss out those details and more in this week’s Top Stories, including Microsoft and MITRE’s new collaboration on a cybersecurity tool, and hospital groups’ …
HIMSS Cast: About 40-50% of hospital patient balances go unpaid, says Cedar President Seth Cohen
The Hospital Price Transparency Final Rule that went into effect in 2021 does nothing to help patients who want to know what they’ll be paying out-of-pocket for services, according to Seth Cohen, president of patient billing experience company Cedar.
Weight Watchers enters telehealth space with Sequence acquisition
Weight Watchers, which now goes by the designation “WW,” is entering into the telehealth prescription drug space, having entered into a definitive agreement to acquire Sequence for $132 million.
The subscription telehealth platform offers access to he…
