Category: Healthcare Finance News

CMS reweighing MIPS data for physicians and extending deadline

The Centers for Medicare and Medicaid Services is allowing more time for doctors participating in the Merit-Based Incentive Payment System to utilize an excessive and uncontrollable circumstance (EUC) waiver order that limits the negative impact of hig…

DOJ will name a prosecutor for pandemic fraud, Biden says in State of the Union address

The Department of Justice will soon name a chief prosecutor for pandemic fraud, President Joe Biden said in his State of the Union address Tuesday.
“We are going to go after the criminals who stole billions of relief money meant for small businesses an…

How one CIO built a COVID-19 data collection system from the ground up

When the number of COVID-19 cases began ramping up in California as they did elsewhere across the country in March 2020, San Francisco Department of Public Health CIO Eric Raffin was tasked with tracking cases, test counts and hospitalizations.

Primary care physician turnover leads to almost $980M in excess healthcare costs

Nearly one billion dollars in annual excess health care expenditure are due to turnover of primary care physicians, and work-related burnout is a significant driver of those costs, according to a new American Medical Association-led study published in …

Cigna to increase venture spending on startups, digital technologies

CIgna will direct another $450 million into its venture fund, Cigna Ventures, in a bid to increase spending on startup businesses and digital health, the company said this week.

Walgreens partnering with online delivery service Shipt

Walgreens is looking to expand its on-demand delivery services, and will seek to do so through a collaboration with Shipt, an online marketplace that offers home delivery.

Using technology to align incentives across the care continuum 

Care coordination is key in acute care as well as for patients making the transition from hospital to home, or to an assisted living facility, or even back to the primary care provider for follow-up.

Trinity Health’s operating income down more than half due to labor costs

During the first six months of Trinity Health’s fiscal year 2022, which ended on December 31, operating income fell by more than half due to labor costs caused by staffing shortages and wage inflation, recent financial documents show.

AHA warns hospitals of potential cyberattacks due to Russia’s invasion of Ukraine

The American Hospital Association is warning U.S. hospitals of potential cyberattacks due to Russia’s invasion of Ukraine.

CDC relaxes indoor mask guidance, including for schools

The Centers for Disease Control and Prevention is relaxing indoor mask standards, including for schools, for the 70% of communities deemed to have medium or low COVID-19 levels.