Category: Healthcare Finance News

Monkeypox reported in four states

Monkeypox has been reported among five men in four states: Massachusetts, New York City, Florida and Utah, which has reported two individuals infected.
All of the cases reported in the United States involve recent travel outside of the United States. I…

Blue Cross Blue Shield Massachusetts launches Health Equity Business Accelerator

In 2020, fewer than 3% of venture capital funding went to companies with Black or Latinx founders, according to  Blue Cross Blue Shield of Massachusetts.
In an attempt to address these disparities, the insurer has launched a Health Equity Business Acce…

AHA presses Department of Justice to investigate routine denials from health insurers

The American Hospital Association has sent a letter to the U.S. Department of Justice asking it to investigate routine denials from major health insurance companies.

Hospitals connect climate change to health and health equity

Seema Wadhwa is executive director for environmental stewardship for Kaiser Permanente. The title is relatively unique in healthcare, but not the concept. Increasingly hospitals are making green efforts as part of an overall strategy that acknowledges …

AHIP advocates for transparency for healthcare private equity firms

In letters sent to Congress and the White House this week, health insurance group AHIP called for bringing transparency to what it called private equity firms’ “monopoly power” in air ambulance, emergency and certain speciality services delivered under…

HHS announces $1.5B in State Opioid Response grant funding

In response to the ongoing opioid addiction and overdose epidemic, the U.S. Department of Health and Human Services, through the Substance Abuse and Mental Health Services Administration (SAMHSA), has rolled out a State Opioid Response (SOR) grant fund…

Proposed 3.2% hospital payment increase falls short of labor expenses, Premier says

A Premier study shows that proposed Medicare inpatient payment updates are not keeping pace with spikes in labor costs.
The PINC AI analysis shows that the proposed 3.2% hospital payment increase will not cover the more than 6.5% increase in labor rates.

Shareholders approve Anthem’s rebrand as Elevance Health

Anthem announced plans to rebrand as Elevance Health back in March, but one component still needed to be finalized: shareholder approval. The insurer received that approval this week, as shareholders gave the green light to the change at its annual mee…

Value-based care creating a new era of interoperability

Interoperability in healthcare, it would seem, is at an important inflection point.

PhRMA wins lawsuit challenging final rule on drug cost assistance

The Pharmaceutical Research and Manufacturers of America has won its lawsuit against the Department of Health and Human Services challenging a portion of a final rule that required drug manufacturers to ensure that patient financial assistance is provi…