Category: Healthcare Finance News

Demand is high for healthcare workers while labor numbers stagnate

Employment numbers for April showed little change in healthcare jobs or in any sector of the economy except for leisure and hospitality, according to the U.S.Bureau of Labor Statistics in figures released on May 7.
A boost in 21,000 jobs in ambulatory …

HHS awards $40 million in ARP funding to support emergency home visiting assistance

The U.S. Department of Health and Human Services, through the Health Resources and Services Administration, has awarded about $40 million in emergency home visiting funds through the American Rescue Plan to states, territories and Washington D.C. to su…

Hospitals urge HHS to distribute billions that remain in the COVID-19 relief fund

Hospitals and provider groups, including the American Hospital Association and America’s Essential Hospitals, are requesting that the U.S. Department of Health and Human Services distribute billions of dollars that remain in a $178 billion COVID-19 rel…

FDA grants Pfizer authorization for COVID-19 vaccine for children ages 12 to 15 

The Food and Drug Administration has approved Pfizer’s coronavirus vaccine for children ages 12 to 15, making it the first COVID-19 vaccine shot available for this age group. 

One million Americans have gotten covered during the special enrollment period

More than one million consumers have signed up for coverage on HealthCare.gov during the Special Enrollment Period, according to Health and Human Services Secretary Xavier Becerra. 

Telehealth reimbursement parity spurs insurer concerns of overutilization

Cigna says it expects demand for virtual care, especially for behavioral health services, to remain high post-pandemic.

Northwell sends relief to India as coronavirus cases overwhelm hospitals and the supply chain

Northwell Health, in conjunction with the American Association of Physicians of Indian Origin, is shipping 1 million KN95 respirators, 35 ventilators and 1,000 oxygen concentrators to India, which is facing a catastrophic second wave of COVID-19.
The i…

Report: Healthcare leaders have an optimistic outlook beyond COVID-19

As Philips released the “Future Health Index 2021” report, industry leaders convened to discuss AI, sustainability and how the healthcare landscape has grown in the face of the pandemic.

Cigna raises financial forecast for 2021 despite the ongoing COVID-19 pandemic

Major health insurer Cigna beat financial expectations during the first quarter with a $1.2 billion profit, and has adjusted its 2021 outlook to reflect renewed optimism, despite the difficulties created by the ongoing COVID-19 pandemic.

UnitedHealth launching post-discharge home program for group Medicare Advantage plans

UnitedHealthcare will soon be launching UnitedHealthcare Healthy at Home, the insurer said last week, an offering that’s designed to help retirees safely transition back home after being discharged from a hospital or skilled nursing facility.