Category: Healthcare Finance News

Aetna drops lawsuit against Mednax

Health insurance giant Aetna voluntarily dismissed its overbilling lawsuit against medical group Mednax on July 14, ending the legal process it initiated in 2018.
The suit alleged that Mednax, based in Sunrise, Florida, racked up more than $50 million …

AHA calls for mandatory vaccinations for hospital and health system employees

The American Hospital Association supports mandatory vaccinations for hospital and health system employees, according to a policy statement adopted by the AHA Board of Trustees on Tuesday.

HHS is dedicating $103 million from ARP to address workforce burnout

The U.S. Department of Health and Human Services, through the Health Resources and Services Administration, is earmarking roughly $103 million from the American Rescue Plan  over three years to reduce burnout and promote mental health among the healthc…

Medical debt soars to $140 billion and is examined as a social determinant by JAMA 

Unpaid healthcare bills are one of the largest sources of debt for Americans, reaching $140 billion last year, nearly double the amount previously thought.
This was the conclusion of a study published Tuesday in JAMA, in which researchers examined 10% …

DaVita and former CEO Kent Thiry indicted in healthcare hiring conspiracy 

Outpatient medical care center operator DaVita and its former CEO, Kent Thiry, were indicted by a federal grand jury in Denver on charges of conspiring with competing employers in no-poach agreements, according to the Department of Justice.

Providers, payers see direct contracting’s capitation as an important move to value-based care

Over the past several years, the big trend in healthcare has been to inch away from fee-for-service reimbursement and toward value-based care, in which a provider’s reimbursement is tied more to clinical quality than to volume.

Some nonprofit hospitals shirk community investment obligation

The majority of nonprofit hospitals are failing to follow through on expected charity commitments, despite the generous tax breaks they receive, according to a report from the Lown Institute.
 

CMS proposes penalty increase for hospitals that fail to comply with price transparency rule

The Centers for Medicare and Medicaid Services is proposing to increase the penalty for hospitals that do not comply with the Hospital Price Transparency final rule.  
CMS wants to set a minimum civil monetary penalty of $300 per day for smaller hospit…

Just 5.6% of hospitals are compliant with price transparency rule

More than 94% of the nation’s hospitals are not in full compliance with the price disclosure rule mandated by the Centers for Medicare and Medicaid Services, according to new data from PatientsRightsAdvocate.org.

As COVID-19 cases rise, ‘This is becoming a pandemic of the unvaccinated,’ CDC director says

Just as the nation seemed like it was turning a corner in the pandemic, COVID-19 infections are on the rise once more, and it’s targeting a very specific population: Those who remain unvaccinated.
According to data from the U.S. Centers for Disease Con…