Category: Healthcare Finance News

AHA wants Express Scripts to rescind 340B claims reporting policy

The American Hospital Association has sent a letter to Express Scripts asking the pharmacy benefit manager to rescind a policy requiring contract pharmacies to apply a unique code for claims under the 340B drug discount program.

Anthem joins CivicaScript initiative to lower the cost of certain generic drugs

Civica Rx, the non-profit organization founded in 2018 by health systems Intermountain, the Mayo Clinic, Providence St. Joseph Health and others to address generic drug shortages and high costs, has announced the addition of Anthem to its initiative.

Cleveland Clinic, IBM, Aetna and Anthem partner to form blockchain firm Avaneer Health

Major healthcare companies Cleveland Clinic, IBM, Aetna and Anthem have joined forces to create a new blockchain health firm, Avaneer Health, which will be housed in Chicao and work to use blockchain to increase efficiency in healthcare and reduce admi…

Humana acquiring onehome in effort to expand value-based home care

Major insurer Humana has signaled its intent to acquire One Homecare Solutions, or onehome, in an effort to grow its presence in the value-based home healthcare space. Financial terms of the deal were not disclosed, though the insurer expects it will n…

Federal judge dismisses anti-vax lawsuit brought by Houston Methodist employees

A federal judge has dismissed a lawsuit brought by 117 employees at Houston Methodist Hospital who had sought an injunction against the hospital’s mandate to get vaccinated against COVID-19 or face termination.

Providence, Kaiser Permanente announce plans to build new hospital in Southern California

Expected to open in 2026, the new hospital will replace the Providence St. Mary Medical Center in Apple Valley.

HHS giving hospitals more leeway in using COVID-19 relief funds

The U.S.

Young people drove ER utilization for suicide attempts during the COVID-19 pandemic

Emergency department utilization has spiked this year due in large part to suspected suicide attempts by peple ages 12-17, many of them girls, according to the Center for Disease Control and Prevention’s Morbidity and Mortality Weekly Report.
During 20…

Revenue cycle directors deal with a competitive market for staff as elective care returns

COVID-19 created a new remote administrative workforce. Now, nearing the end of the pandemic, bringing staff back in-house may not be ideal, especially during a competitive environment for coding and billing talent.
All but those on the front end of th…

HHS providing $424 million to rural health clinics for COVID-19 testing

As part of the American Rescue Plan, the U.S. Department of Health and Human Services, through the Health Resources and Services Administration, is providing $424.7 million in funding to more than 4,200 Rural Health Clinics for COVID-19 testing and mit…