Category: Healthcare Finance News

Walgreens invests $5.5B to accelerate new healthcare business segment

With the launch of Walgreens Health, the company is doubling down on its consumer-centric healthcare strategy. 
 

Medicare, Medicare Advantage enrollees have comparable healthcare experiences

Enrollment in Medicare Advantage plans is increasing rapidly, and many insurers are expanding their MA offerings in a bid to grab larger portions of the market share. Medicare Advantage touts itself as having certain advantages over traditional Medicar…

Mayo Clinic to study respiratory muscle training as long COVID treatment

Long COVID patients are more likely to utilize healthcare services after their initial infection, resulting in increased costs. 
 

Large majorities want Medicare to negotiate drug prices, poll finds

Large majorities of American voters across all political stripes favor letting Medicare negotiate drug prices, and most don’t buy into the argument that high drug prices are needed for drug companies to invest in new research, according to a new poll f…

How COVID-19 drove the need to make physicians’ lives easier

Electronic health record burnout is a global issue that, like everything else in healthcare, has been exacerbated by the COVID-19 pandemic.
The fundamental flaw for physicians from EHRs is not so much the death by 1,000 clicks that has been widely repo…

Northwell Health selects Northwell Direct’s provider network for employee benefit plan

Northwell Health has selected Northwell Direct to supply the provider network for the health system’s 2022 healthcare benefits for about 75,000 employees and dependents, eschewing the traditional approach of teaming with a private insurer.

Anthem, Providence tap Vim for value-based care platform deployment

The goal is that the technology platform will enable higher quality care and better patient experiences at a lower cost. 
 

Hospitals have spent more than $3B securing personal protective equipment during COVID-19

During the COVID-19 pandemic, hospitals across the U.S. have spent more than $3 billion to procure personal protective equipment for worker and patient safety, although PPE costs have steadily declined since the second quarter of 2020, according to dat…

OSF Healthcare buys majority stake in Illinois Kindred hospital

Kentucky-based Kindred Healthcare and OSF Healthcare have received approval from state regulators in Illinois to jointly own the Greater Peoria Specialty Hospital, which will now be known as the OSF HealthCare Transitional Care Hospital, located in Peo…

COVID-19 may have unexpected benefit of freeing up funds for rural hospitals to invest in technology

Federal provider relief funds have allowed rural hospitals to spend money that otherwise would have gone to personal protection equipment and other COVID-19 needs, to something they’ve long needed: upgraded technology.