Kaiser Permanente is establishing a new Center for Gun Violence Research and Education that will focus on gun violence prevention, part of the health system’s response to shootings in Uvalde, Texas and elsewhere.
Category: Healthcare Finance News
Health insurers’ earnings up 3.7%, outlook stable, says Moody’s
After a strong first quarter, health insurers can expect earnings growth and a stable credit outlook, Moody’s Investors Service has found.
Average earnings growth before interest, taxes, depreciation and amortization growth in the first quarter was 3.7…
HHS creates Office of Environmental Justice
The Department of Health and Human Services has announced it is establishing an Office of Environmental Justice to help protect the health of disadvantaged communities and vulnerable populations on the frontlines of pollution and other environmental he…
Hospital margins affected by urgent care, PCPs, telemedicine competition
More than two years after being on the front lines of the COVID-19 pandemic, hospitals and health systems continue to struggle financially due to its effects, according to Kaufman Hall’s National Hospital Flash Report.
Cleveland Clinic’s $282 million quarterly loss due to rising expenses
Despite more than $3 billion in revenue during the first quarter, the Cleveland Clinic saw a $282 million loss in the three-month period ending March 31, largely due to rising expenses, according to the system’s recently released financial documents.
Senator asks HHS to keep Laguna Honda Hospital open after losing Medicare funding
In a letter to the Department of Health and Human Services, California Senator Diane Feinstein asked the agency to reverse a decision by the Centers for Medicare and Medicaid Service
HHS announces projected Part B premium price drop due to Aduhelm pricing
Medicare beneficiaries are expected to see lower Part B premiums in 2023 due to the lower price of Alzheimer’s drug, Aduholm.
Today, Department of Health and Human Services Secretary Xavier Becerra said 2002 Medicare Part B premiums should be adjusted …
Leapfrog urges CMS not to suppress hospital safety data
In a statement this week directed at the Centers for Medicare and Medicaid Services, the Leapfrog Group urged the federal agency to nix a proposal that would put an end to the public reporting of data on medical and surgical complications.
Senate panel seeks to expand telehealth for Medicare mental health services
The Senate Finance Committee, led by Chair Ron Wyden (D.Ore.), is seeking to make permanent some of the telehealth flexibilities enacted during the COVID-19 pandemic that pertain to mental health services.
HHS withdraws Trump-era SUNSET rule
The Department of Health and Human Services has withdrawn a Trump-era rule that mandated the sunset of any rule more than 10 years old unless it was reviewed within five years.
