Medicare Advantage insurtech company Clover Health logged an $84 million loss in the fourth quarter of 2022, much less than the $187.2 million loss it sustained during the same quarter in 2021, according to the company’s earnings report.
Category: Healthcare Finance News
Hospitals more stable to start the year, but challenges remain
Hospitals entered 2023 on more stable footing, following the worst financial year since the start of the COVID-19 pandemic. However, they still face a range of persistent challenges, including higher labor expenses, lower patient volumes and a fundamen…
Medicare Advantage sees fewer avoidable hospitalizations than original Medicare
Medicare Advantage had fewer avoidable hospitalizations for ambulatory care−sensitive conditions (ACSCs) when compared to traditional Medicare, but were more likely to have observation stays and emergency department direct discharges for the same condi…
What providers can expect when waivers expire at end of the PHE
The Centers for Medicare and Medicaid Services has released guidance for beneficiaries and providers on what to expect when the Public Health Emergency ends on Thursday, May 11.
Optum to payers: Two new Azheimer’s drugs are in the pipeline
A new Optum report highlighting upcoming medications in the drug pipeline is meant as a heads-up for payers as they track developments with a couple of therapies for Alzheimer’s disease – lecanemab and donanemab.
Plastic surgeons top list of physicians ranked by happiness
How happy are physicians? It varies according to specialty, a new Medscape report has found, with plastic surgeons apparently the most content in and out of work.
American Hospital Association voices support for telehealth expansion bill
The American Hospital Association has come out in support of bipartisan legislation, introduced in the House of Representatives, that would require the Department of Health and Human Services, Medicare Payment Advisory Commission, and Medicaid and CHIP…
Interoperability improving, though rural hospitals still lagging
Interoperability continues to improve among hospitals, according to the Office of the National Coordinator for Health Information. As of 2021, 88% of hospitals engaged in electronically sending and obtaining patient health information, through either q…
Unplanned hospital readmissions represent significant cost
Unplanned hospital readmissions in Massachusetts represent a significant cost, not only to the health system but to patients and their families, according to the findings in a Center for Health Information and Analysis report on unplanned hospital read…
NIH invests $4 million toward reproductive health access for those with disabilities
The National Institutes of Health will award $3,906,026 over five years to researchers from the Institute for Implementation Science in Population Health (ISPH) at the CUNY Graduate School of Public Health and Health Policy (CUNY SPH) to test the effic…
