Category: Healthcare Finance News

Government Accountability Office asks CMS to assess telehealth quality for Medicaid beneficiaries

The U.S. Government Accountability Office is asking the Centers for Medicare and Medicaid Services to gauge the effect that an increase in telehealth utilization is having on the care quality experienced by Medicaid beneficiaries.
The GAO cited statist…

Hospital spending growth to average 5.7% through 2030, according to CMS

Despite the increased demand for patient care in 2021, the growth in national healthcare spending is estimated to have slowed to 4.2%, from 9.7% in 2020, according to the 2021-2030 National Health Expenditure report released by the Centers for Medicare…

Medicare Advantage plans to get 8.5% revenue boost in 2023 

Medicare Advantage plan payments are expected to get an 8.5% revenue increase for 2023. This is an increase over the 7.98% proposed in the February advance notice.

UCare taps HealthSparq to power price transparency tech

UCare, a nonprofit health plan serving Minnesota and western Wisconsin, has tapped healthcare guidance and transparency technology company HealthSparq on a price transparency solution months before the Centers for Medicare and Medicaid Services rule go…

HHS: People with Medicaid, CHIP now eligible for postpartum coverage

Beginning late last week, the Biden Administration extended postpartum healthcare coverage to as many as 720,000 pregnant and postpartum people across the U.S., who are now assured Medicaid and Children’s Health Insurance Program (CHIP) coverage for a …

HHS to stop reimbursing providers for vaccine administration

Providers are bracing for the end of government funds to administer COVID-19 vaccines.

Patients struggle with aspects of rural healthcare despite high satisfaction

More than 90% of patients in a new survey say they’re satisfied with the service provided by local healthcare providers, but they’re frustrated with certain aspects of their care, including wait times and price transparency.

CVS Health strikes $484 million opioid settlement with Florida

CVS Health has entered into an agreement with the State of Florida to pay the state $484 million to resolve claims dating back more than a decade related to prescriptions for opioid medications that were filled at Florida CVS Pharmacy locations.

Inpatient psychiatric facilities to get 2.7% payment rate update under proposed rule

Inpatient psychiatric facility payments are expected to increase by 1.5%, or $50 million next year under Medicare’s Inpatient Psychiatric Facility Prospective Payment System proposed rule for fiscal year 2023. 

Geisinger gets Type 2 diabetes under control

Geisinger, an integrated health system of over 3 million patients in the central, northeastern section of  Pennsylvania, had a problem faced by hospitals and patients nationwide: Type 2 diabetes.