Category: Healthcare Finance News

Connecticut hospitals see expenses rise $3.5 billion post-pandemic

Due to rising medical supply costs as well as the cost of drugs and labor, total expenses for Connecticut hospitals in 2022 were $3.5 billion higher than they were before the pandemic – a more dire predicament than that seen by hospitals nationwide, ac…

Patient groups press government to do more on medical debt

Patient and consumer advocacy organizations, including the Center for American Progress and the Legal Council for Health Justice, have sent letters to the IRS and Consumer Protection Bureau pushing the Biden administration to do more to protect America…

Highmark to predict infectious disease spread with Kinsa

In the wake of a “severe illness season,” Highmark Health is teaming with Kinsa to deploy its real-time illness insights and season forecast to predict healthcare utilization, recognize staffing needs and plan emergency department and ICU bed capacity …

Healthcare leaders send joint letter supporting 2024 Advance Notice

Thirty-nine healthcare executives, public health and policy leaders, some with former ties to the Centers for Medicare and Medicaid Services, the CMS Innovation Center and the Medicare Payment Advisory Commission, have submitted a joint letter to the D…

Hospital groups urge Congress to avoid DSH cuts

Nine hospital groups have written to Congressional leadership urging lawmakers to avoid the roughly $8 billion in cuts to Medicaid disproportionate share hospital payments, which could start as soon as October 1.

LRMC pays $4M to DOJ over allegedly impermissible Medicaid donations

Lakeland Regional Medical Center (LRMC) in Lakeland, Florida, has agreed to pay the United States $4 million to resolve allegations that it made donations to a local unit of government to improperly fund the state’s share of Medicaid payments to LRMC.

Insurers had strong year, but weaker earnings are ahead, says Moody’s

Health insurers ended 2022 with earnings up from the year prior, with EBITDA growing 12% in the fourth quarter, though a new report from Moody’s Investors Service predicts that this growth will slow in 2023.

At ATA, stakeholders get say over DEA proposed rule on remote prescribing 

At a special listening session this morning at American Telemedicine Association Annual Conference  & Expo, stakeholders were invited to voice their concerns over a controversial DEA proposed rule.

Site-neutral payment policies could save Medicare $471 billion

Adopting site neutral payment policies for Medicare would yield savings for the program, for private insurance premiums and for enrollees’ out-of-pocket costs, which would total about $471 billion over the next decade, according to a new analysis from …

Walgreens again announces expansion into primary care 

Walgreens-owned VillageMD announced Friday the acquisition of Starling Physicians, a multispecialty medical group operating over 30 locations in Connecticut.
In addition to primary care, Starling Physicians offers specialty services cardiology, ophthal…