Category: Healthcare Finance News

How Children’s Mercy Kansas City increased its bond rating through the pandemic

The COVID-19 pandemic, followed by continued workforce costs and inflationary and workforce costs, has financially strained hospitals and health systems. 

BCBS Michigan debuts Maven-powered family building, maternal program

Ahead of this year’s open enrollment, Blue Cross Blue Shield of Michigan is teaming with Maven Clinic to launch a new family building and maternity support program.
It includes a personalized digital care app to help guide members through family planni…

Health equity requires community

Community care managers make connections, says Dr. Cheryl Rucker-Whitaker, founder and CEO of Complete Care Management Partners.

CDC revises guidance on COVID-19 isolation, testing

The guidance around COVID-19 continues to evolve, with the Centers for Disease Control and Prevention now saying that isolation is no longer necessary for a person exposed to someone with the coronavirus. This applies to anyone, whether vaccinated or not.

Intermountain CEO and President Marc Harrison is stepping down this fall

Intermountain Healthcare has announced that this fall Dr. Marc Harrison will leave his post as the company’s president and CEO, a position he has held since 2016.
Harrison has accepted a leadership position to run a healthcare platform business for Ame…

GoHealth lays off 20% of workforce after poor second quarter

Health insurance broker GoHealth has laid off 20% of its workforce after a rough financial quarter, in which the company’s net loss increased nearly six-fold.

UnitedHealthcare announces $11M in grants to expand access to care, address SDOH

UnitedHealth Group subsidiary UnitedHealthcare is donating $11 million in grants through its Empowering Health program across 11 states to expand access to care and address the social determinants of health, focusing on uninsured people in underserved …

BCBS $2.7 billion settlement receives final approval

A long-running $2.7 billion antitrust settlement against Blue Cross Blue Shield has been finalized in federal court.
U.S. District Court Judge R. David Proctor in Alabama handed up the order on Tuesday, with the settlement to go into effect in 30 days.

FDA authorizes EUA for monkeypox vaccine to increase supply

The U.S. Food and Drug Administration has issued an emergency use authorization for the JYNNEOS vaccine, allowing healthcare providers to use the vaccine by intradermal injection for those 18 and older who are at high risk for monkeypox infection.
This…

Cerner will pay $1.8 million in racial discrimination case

Cerner has agreed to pay $1.8 million in back pay and interest after the U.S. Department of Labor claimed the healthcare and information technology company discriminated against hiring Black and Asian applicants from 2015 to 2019.