Medicare Advantage plan payments are expected to get an 8.5% revenue increase for 2023. This is an increase over the 7.98% proposed in the February advance notice.
Category: Healthcare Finance News
UCare taps HealthSparq to power price transparency tech
UCare, a nonprofit health plan serving Minnesota and western Wisconsin, has tapped healthcare guidance and transparency technology company HealthSparq on a price transparency solution months before the Centers for Medicare and Medicaid Services rule go…
HHS: People with Medicaid, CHIP now eligible for postpartum coverage
Beginning late last week, the Biden Administration extended postpartum healthcare coverage to as many as 720,000 pregnant and postpartum people across the U.S., who are now assured Medicaid and Children’s Health Insurance Program (CHIP) coverage for a …
HHS to stop reimbursing providers for vaccine administration
Providers are bracing for the end of government funds to administer COVID-19 vaccines.
Patients struggle with aspects of rural healthcare despite high satisfaction
More than 90% of patients in a new survey say they’re satisfied with the service provided by local healthcare providers, but they’re frustrated with certain aspects of their care, including wait times and price transparency.
CVS Health strikes $484 million opioid settlement with Florida
CVS Health has entered into an agreement with the State of Florida to pay the state $484 million to resolve claims dating back more than a decade related to prescriptions for opioid medications that were filled at Florida CVS Pharmacy locations.
Inpatient psychiatric facilities to get 2.7% payment rate update under proposed rule
Inpatient psychiatric facility payments are expected to increase by 1.5%, or $50 million next year under Medicare’s Inpatient Psychiatric Facility Prospective Payment System proposed rule for fiscal year 2023.
Geisinger gets Type 2 diabetes under control
Geisinger, an integrated health system of over 3 million patients in the central, northeastern section of Pennsylvania, had a problem faced by hospitals and patients nationwide: Type 2 diabetes.
Hospital operating margins continued to struggle during first quarter
Operating margins at hospitals and health systems have been hit hard by the pandemic, and the Omicron surge was an additional setback as the healthcare industry continued to struggle at the beginning of the year.
AHA urges FTC, Justice Department to update merger guidelines
The American Hospital Association is prompting the Federal Trade Commission and the U.S. Department of Justice to update its merger guidelines, in response to a request by the two federal agencies for comments and suggestions on how to overhaul the mer…
