Category: Healthcare Finance News

Medicaid expansion resulted in decreased postpartum hospitalizations

Medicaid expansion appears to be a boon to the Biden administration’s push to improve maternal health, with a 17% decline in postpartum hospitalizations in states that elected to expand the federal program.

HHS will begin negotiating 10 Part D drug prices this year 

Starting this year, the Department of Health and Human Services will begin negotiations with drug companies to lower the price of Part D drugs in Medicare, according to HHS Secretary Xavier Becerra.
The 10 Part D drugs that will be negotiated will be p…

HHS extends public health emergency for 12th time

Three years after the federal government announced the first public health emergency due to COVID-19, Health and Human Services Secretary Xavier Becerra has again extended the PHE.
Becerra announced the extension Wednesday morning.
This is the 12th tim…

Medicare inpatient spending highly concentrated, finds Commonwealth Fund

As a result of the trend toward more consolidation in healthcare, Medicare inpatient spending was highly concentrated among just two health systems in most regions, according to a new analysis from the Commonwealth Fund.
To understand where Medicare be…

CMS awards new Medicare-funded residency slots to hospitals in underserved communities

The Centers for Medicare and Medicaid Services has awarded the first 200 of 1,000 Medicare-funded physician residency slots meant to support the healthcare workforce and fund additional positions in hospitals serving underserved communities. 
About thr…

Amazon Business offers hospitals a supply chain alternative

Ochsner Health System’s supply chain partnership with Amazon Business has allowed the New Orleans-based health system to have financially stable pricing on non-medical purchases.

BCBS companies form collective to tackle medication affordability

A group of Blue Cross Blue Shield-affiliated companies have founded a new medication contracting organization called Synergie Medication Collective, which is designed to serve both Blues and select independent health plans.
Synergie is focused on impro…

Optum, Northern Light form strategic partnership

Optum, a subsidiary of UnitedHealth Group, has partnered with Northern Light Health to manage revenue cycle management, information systems, inpatient care management, analytics, project management office and supply chain for the Maine health system.

HIMSSCast: To cut expenses, hospitals should look at indirect spend

Hospitals are looking to cut expenses in the midst of financial pressure from inflation, workforce costs and other challenges to already thin margins.
LogicSource CEO and founder David Pennino and Healthcare Managing Partner Brian White, who work with …

FDA rejects petitions on use of abortion pill mifepristone

The Food and Drug Administration has rejected two petitions on the use of the abortion pill mifepristone.