Category: Healthcare Finance News

75% of U.S. adults have now received at least one COVID-19 shot, says CDC

More than 73% of those ages 12 to 18 have received one shot, while 92.4% of those older than 65 have received at least one dose.

CMS provides additional ARP funding to states to promote insurance affordability

States with 1332 reinsurance waivers will have more pass-through funding to implement the waivers.

PhRMA battles Biden on proposal for Medicare to negotiate drug prices

If passed, the proposal would reduce revenue of the pharmaceutical industry by 40%, according to PhRMA.

AHIP wants more time for insurers to implement the interim final rule on surprise billingĀ 

AHIP is concerned about the timeline for an interim final rule on surprise billing and has asked the Department of Health and Human Services and other agencies for safe harbor for insurers to implement provisions in the rule through 2023, rather than t…

Centene consolidating Medicare Advantage plan branding under WellCare

Major insurer Centene said Thursday it will consolidate all of its Medicare Advantage brands under its wholly-owned subsidiary, WellCare. Centene acquired WellCare Health Plans in January 2020 for about $17 billion.
Centene said the move will better al…

Arizona investing additional $60 million to support hospital staffing amidst COVID-19 surge

The funding is expected to decrease stress on hospital staff, increase hiring opportunities and decrease the risk of COVID-19 hospitalizations.

COVID-19 increased the number of healthcare-acquired infections

Central line infections increased by at least 46%, compared to 2019.

Moderna seeks FDA approval for booster shots of its COVID-19 vaccine

Initial data shows that a third dose of its vaccine boosted antibody levels to a higher degree than the previous round.

Nurses urge HHS to declare the staffing shortage a national crisis

The ANA cited the Delta variant of COVID-19 as a complicating factor that has exacerbated workforce shortage challenges.

CareFirst, Highmark debut labor union health insurance offering

Powered by data analytics, the new offering will pinpoint union members’ need to proactively manage their care.