Category: Healthcare Finance News

New York-based Montefiore Medical Center fined for workplace violence violations

Montefiore Medical Center, an academic medical center in New York City that’s part of the Montefiore Health System, has been hit with a fine from the U.S. Labor Department’s Occupational Health and Safety Administration after it found that numerous emp…

HHS awards $103 million to fight workforce burnout and promote mental health

Forty-five organizations are getting the American Rescue Plan funds over three years.

Optum and MarinHealth form strategic partnership

MarinHealth Medical Center has become the latest health system to form a strategic relationship with Optum, announcing a partnership to advance its operational objectives in the revenue cycle and facilitate the patient experience for people living in M…

Omicron likely to peak in mid-February, Fauci says

Omicron will likely peak in most states by mid-February, according to Dr. Anthony Fauci, chief medical advisor to the president. 

UnitedHealth Group earned $17.3B in 2021, according to earnings report

After posting a $4.1 billion in profit in the fourth quarter of 2021, UnitedHealth Group ended the year with $17.3 billion in total profit, according to the payer’s latest earnings report.

Bristol Myers Squibb restricting 340B discounts to safety net hospitals

Bristol Myers Squibb will become the 12th drugmaker to restrict 340B discounts after it signaled its intent to limit such discounts for safety net hospitals’ contract pharmacies, according to a recent letter the company sent out to hospitals.

Public health emergency extended another 90 days

The Department of Health and Human Services has renewed the public health emergency for the eighth time due to the COVID-19 pandemic.
On Friday, HHS Secretary Xavier Becerra issued the renewal for another 90 days.

People placing more trust in pharmacists for care management

Staffing shortages among healthcare providers are having numerous downstream effects on everything from patient care to reimbursement and thinning margins. But they’re also causing a shift in public perception: More people now trust pharmacists to play…

Massachusetts governor releases emergency orders to ease strain on the healthcare system

In response to ongoing staffing shortages across the healthcare industry, Massachusetts Governor Charlie Baker has directed the commonwealth’s Department of Public Health to release a number of emergency orders meant to ease strain on the healthcare sy…

CMS sets March 15 deadline for healthcare workers to get vaccinated

The Centers for Medicare and Medicaid Services has set a deadline of March 15 for healthcare workers to get vaccinated.