Following recent guidance from the Biden Administration, health insurers in the commercial market are covering the costs of over-the-counter COVID-19 tests.
Category: Healthcare Finance News
AHA is asking Congress to release remaining provider relief funds
The American Hospital Association wants Congressional action to distribute the remaining provider relief funds and to take other measures to help alleviate the financial strain caused by COVID-19.
New York-based Montefiore Medical Center fined for workplace violence violations
Montefiore Medical Center, an academic medical center in New York City that’s part of the Montefiore Health System, has been hit with a fine from the U.S. Labor Department’s Occupational Health and Safety Administration after it found that numerous emp…
HHS awards $103 million to fight workforce burnout and promote mental health
Forty-five organizations are getting the American Rescue Plan funds over three years.
Optum and MarinHealth form strategic partnership
MarinHealth Medical Center has become the latest health system to form a strategic relationship with Optum, announcing a partnership to advance its operational objectives in the revenue cycle and facilitate the patient experience for people living in M…
Omicron likely to peak in mid-February, Fauci says
Omicron will likely peak in most states by mid-February, according to Dr. Anthony Fauci, chief medical advisor to the president.
UnitedHealth Group earned $17.3B in 2021, according to earnings report
After posting a $4.1 billion in profit in the fourth quarter of 2021, UnitedHealth Group ended the year with $17.3 billion in total profit, according to the payer’s latest earnings report.
Bristol Myers Squibb restricting 340B discounts to safety net hospitals
Bristol Myers Squibb will become the 12th drugmaker to restrict 340B discounts after it signaled its intent to limit such discounts for safety net hospitals’ contract pharmacies, according to a recent letter the company sent out to hospitals.
Public health emergency extended another 90 days
The Department of Health and Human Services has renewed the public health emergency for the eighth time due to the COVID-19 pandemic.
On Friday, HHS Secretary Xavier Becerra issued the renewal for another 90 days.
People placing more trust in pharmacists for care management
Staffing shortages among healthcare providers are having numerous downstream effects on everything from patient care to reimbursement and thinning margins. But they’re also causing a shift in public perception: More people now trust pharmacists to play…
