Senate Democrats have carved out a deal on legislation that would attempt to lower prescription drug costs for Americans by allowing Medicare to negotiate for lower drug prices.
Category: Healthcare Finance News
COVID-19 accounted for 17% of 45-54-year old deaths
COVID-19 was the leading cause of death for people between the ages of 45 and 54 in 2021, accounting for 16.8% of all deaths in that age group, found a study in JAMA Internal Medicine. It was the third leading cause of death during the height of the pa…
Cigna divests life, accident and supplemental benefits businesses in Asia
Cigna has divested its Asia-based life, accident and supplemental benefits business, selling it to Chubb in a transaction estimated at about $5.4 billion.
Cigna chairman and CEO David M. Cordani said the transaction allows the insurer to focus on growi…
Inflation, lingering effects of COVID-19 will impact 2023 premiums
Several factors are expected to impact premiums in 2023, including global inflation, the lingering effects of COVID-19 and the end of enhanced subsidies for plans on the exchange, according to a new report from the American Academy of Actuaries.
Children’s uninsured rate fell during COVID-19
The annual rate of uninsured children fell from 5.1% in 2019 to 4.1% in 2021, representing about 700,000 fewer uninsured children during the COVID-19 pandemic, according to new data released by the Urban Institute.
HHS awards more than $155 million to expand training for primary care residents
The federal government is making a push to expand residency programs, with the Department of Health and Human Services announcing more than $155 million in awards for 72 teaching health centers that operate primary care medical and dental residency pro…
House members urge CMS to expand Medicare dental coverage
Lawmakers from the U.S. House of Representatives are asking the Centers for Medicare and Medicaid Services to expand the definition of medically necessary dental coverage for Medicare beneficiaries, saying the agency currently has the regulatory author…
Hospitals see challenges around price transparency, technology and resources
Jason Considine, Experian Health chief commercial officer, said regulations around price transparency and the No Surprises Act were among the topics discussed at the Healthcare Financial Management Association annual conference in Denver last week.
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Integrated Highmark and Allegheny team with Cedar Health to align the billing experience
Highmark Health, the integrated health network and Allegheny Health Network, which is part of Highmark, have collaborated with Cedar Health to improve the patient’s financial journey in a program slated to go-live in September.
Comparative analytics give CFOs insight into the cost of care
Financial planning, performance and analysis is what CFOs want to do, but much of their time is spent moving data around, according to Frank Stevens, vice president of Financial Planning at Strata Decision Technology.
