The Biden Administration on Monday announced it is requiring insurance companies and group health plans to cover the cost of over-the-counter, at-home COVID-19 tests, so people with private health coverage can get them for free starting January 15.
Category: Healthcare Finance News
Becerra tells CMS to reassess 2022 Medicare Part B premiums
Health and Human Services Secretary Xavier Becerra has directed the Centers for Medicare and Medicaid Services to reassess its recommendations for a significant increase in 2022 Medicare Part B premiums, due to a drugmaker’s 50% price reduction.
New York now requiring COVID-19 boosters for healthcare workers
COVID-19 cases and hospitalizations continue to rise in the state of New York, and in response Governor Kathy Hochul said late last week that healthcare workers would be required to get a booster shot, a mandate that’s pending approval from the New Yor…
Mortality rates dip 33% after NYU Langone Hospital-Brooklyn merger
In-hospital mortality rates dropped by 33% at a hospital serving one of the highest Medicaid populations in the country after its 2016 merger with NYU Langone Health, according to new research published in JAMA Network Open.
R1 RCM to expand revenue cycle reach in acquisition of Cloudmed
Technology company R1 RCM is acquiring Cloudmed in a further expansion of its reach into the revenue cycle management space.
The deal is expected to close in the second quarter of 2022.
It builds on R1’s previous acquisitions of VisitPay ($300M in 2021…
Humana halves 2022 Medicare Advantage enrollment outlook
Major health insurer Humana is drastically reducing its Medicare Advantage enrollment estimates for 2022 due to a large number of terminations during the last enrollment period, revealing in a new filing with the Securities and Exchange Commission that…
CMS proposed rule seeks to lower Medicare Part D prescription drug costs
In a move intended to lower out-of-pocket prescription drug costs for beneficiaries, the Centers for Medicare and Medicaid Services issued a proposed rule Thursday updating the Medicare Advantage and Medicare Part D programs, tasking the former with be…
Supreme Court Justices grill on question of emergency order for vaccine mandates
Supreme Court Justices grilled Scott Keller, who gave arguments this morning against the federal vaccine-or-testing mandate for large employers.
Keller, representing the National Federation of Independent Business, argued that the Occupational Safety a…
AMA calls CDC’s new quarantine guidelines confusing and counterproductive
The U.S. Centers for Disease Control and Prevention recently made revisions to federal COVID-19 quarantine and isolation guidance, and those revisions have drawn criticism from the American Medical Association, which said this week that the new guidanc…
Centene completes acquisition of Magellan Health
Centene Corporation has announced that it has completed its acquisition of Magellan Health, thereby enabling the health insurer to provide whole-health, integrated healthcare solutions, the company said this week.
The stated goal and expectation is tha…
