Category: Healthcare Finance News

Northwell warns of tripledemic surge fueled by holiday gatherings

Northwell Health clinical experts are warning of a potential “tripledemic” surge as people gather to celebrate Hanukkah, Christmas, Kwanzaa and the New Year.
 

HHS looks to increase healthcare ownership transparency

Prompted by President Biden’s Executive Order on promoting competition, the U.S. Department of Health and Human Services is releasing ownership data for all Medicare-certified hospitals. 

HHS increases Tamiflu access through Strategic National Stockpile

The U.S. Department of Health and Human Services, through the Administration for Strategic Preparedness and Response, is making additional supply of Tamiflu available to jurisdictions to respond to an increased demand for the antiviral during this flu …

Most Americans don’t trust health plans to provide accurate care options

More than half of Americans, 62%, don’t trust their health plan when searching for care, according to a new consumer survey report conducted by OnePoll on behalf of Ribbon Health.

Pharmacies limit sale of certain children’s medications

Due to increased demand, pharmacies are limiting the sale of children’s fever and pain medications.
Walgreens said by statement, “Retailers nationwide are experiencing supplier fulfillment challenges due to increased demand of over-the-counter pediatri…

Payers harnessing data to get ready for Transparency in Coverage requirements

One of the most important components of the No Surprises Act is the Transparency in Coverage rule, the requirements of which have been rolling out throughout the year – requiring health insurers and group health plans, including self-funded clients, to…

Omnibus bill halts PAYGO cuts to providers

The $1.7 trillion omnibus spending package expected to pass Congress this week prevents some Medicare cuts and the statutory Pay-As-You-Go sequester, to the relief of the American Hospital Association. 
Hospitals were facing cuts of more than 10% to Me…

HHS Office of Civil Rights settles HIPAA access investigation with $20K settlement

The Office for Civil Rights at the U.S. Department of Health and Human Services has announced a $20,000 settlement with Health Specialists of Central Florida, a provider in Florida that provides primary care, concerning a potential violation of the Hea…

FDA approves first-ever bladder cancer gene therapy

The U.S. Food and Drug Administration has approved Adstiladrin, which is being billed as the first gene therapy treating high-risk, non-muscle-invasive bladder cancer.

Mass General Brigham suffers $2.3 billion in financial losses

Mass General Brigham has reported a loss of $2.3 billion for the year due to challenges faced by all health systems over staffing expenses, inflation, a decline in discharges and other financial pressures.
The loss includes a nonoperating loss of $1.8 …