Category: Healthcare Finance News

Over 200 healthcare organizations ask HHS to keep direct contracting

More than 200 healthcare organizations have asked Health and Human Services Secretary Xavier Becerra to keep the Global and Professional Direct Contracting Model as some Democrats speak out against the Trump-era Medicare program.

Cigna’s Evernorth teaming with Monument on alcohol use disorder

Evernorth, a subsidiary of major insurer Cigna, is teaming with telehealth company Monument in an effort to make it easier for customers to access alcohol use disorder (AUD) treatment through the latter’s virtual platform.

CMS delays the release of hospital star ratings due to a calculation error

The Centers for Medicare and Medicaid Services is delaying the release of the hospital star ratings from April until June due to an error in one of the measures.

Mayo Clinic halts scheduling of out-of-network Medicare Advantage patients

The Mayo Clinic in Minnesota is no longer scheduling appointments for patients in most Medicare Advantage plans, and has been gradually notifying patients throughout the year, in a move that could have consequences for insurers operating plans in the a…

California lawmakers introduce bill to mandate vaccinations in workplaces

A group of California lawmakers, led by District 15 Assemblymember Buffy Wicks, have introduced a bill proposing that all businesses in the state mandate COVID-19 vaccinations for their employees.

Kaiser Permanente’s net income increases in 2021, but operating margins fall sharply

Kaiser Permanente experienced mixed financial results in 2021, with an increase in net income for the year but steep declines in operating income and operating margin, the company recently revealed.

HIMSS22 theme Reimagine Health echoes healthcare’s transformation since COVID-19

The healthcare industry has survived, adapted and innovated its way through two years of the COVID-19 pandemic.
This year, the HIMSS22 Global Health Conference & Exhibition is echoing that transformation in its theme, Reimagine Health.  

AHA urges Congress to increase financial support

At an American Hospital Association virtual policy briefing last week, hospital and health system leaders told congressional staff about the continued challenges their organizations are facing as a result of the COVID-19 pandemic and why additional sup…

Pfizer delays seeking emergency use authorization for vaccine for young children

Pfizer and BioNTech have delayed plans to seek emergency use authorization for a COVID-19 vaccine for children 6 months to 4 years old.
The companies on Friday announced plans to extend their rolling submission to the Food and Drug Administration due t…

Sentara invests $125 million in pay increases, benefits for employees

Sentara Healthcare, the largest integrated health system in Virginia and one of its largest employers, announced recently it will offer employees $110 million in pay increases and $15 million in benefit enhancements in 2022.