Federal spending on healthcare increased 36% in 2020 in response to the COVID-19 pandemic. This compares to growth of 5.9% 2019.
Category: Healthcare Finance News
HHS distributing $9 billion in COVID-19 relief funds to providers this week
The U.S. Department of Health and Human Services, through the Health Resources and Services Administration (HRSA), said it’s distributing about $9 billion in Provider Relief Fund payments to providers, with a particular focus on smaller providers.
Banner Health unifies patient engagement strategies into one platform
The new digital strategies are allowing the provider to change care delivery because the technology is no longer siloed.
Walgreens and VillageMD opening nine full-service primary care practices in San Antonio
Walgreens Boots Alliance and VillageMD have signaled plans to expand into San Antonio, Texas with the opening of nine Village Medical at Walgreens primary care practices over the next year.
Patients still approve of telehealth, but its popularity has waned, survey finds
The COVID-19 pandemic has seen telehealth evolve from a niche curiosity to a mainstream care model, and while it still enjoys widespread popularity, its appeal has dimmed somewhat, finds a new Rock Health report.
Supreme Court rejects challenge to New York healthcare worker vaccine mandate
The Supreme Court on Monday paved the way for New York to continue with a COVID-19 vaccine mandate for the state’s healthcare workers, rejecting two emergency requests to block the mandate from doctors, nurses and other care workers.
The 6-3 decision w…
Babyscripts and Health New England partner on virtual maternity care
A new partnership between provider, payer and a pregnancy app is bringing virtual care to obstetrics.
Babyscripts, a virtual care platform, has partnered with health plan Health New England for the Babyscripts Virtual Maternity Care application now bei…
CVS Health projecting $304 billion in revenue next year
CVS Health has projected a healthy chunk of revenue in 2022 to the tune of at least $304 billion, and during its Investor Day the company said it may take in as much as $309 billion.
Massachusetts orders hospitals to cut non-urgent procedures by 50%
The Commonwealth of Massachusetts has decreed that hospitals with limited capacity cut their non-urgent procedures by 50% starting Wednesday, December 15, in response to ongoing staffing issues.
FDA approves Pfizer booster for 16- and 17-year-olds
The U.S. Food and Drug Administration has amended the emergency use authorization for the Pfizer-BioNTech COVID-19 vaccine, authorizing the use of a booster dose for 16-and-17-year olds at least six months after completion of the primary vaccine.
