Category: Healthcare Finance News

CMS adopts payment provisions to lower costs in the 2022 marketplace

The Centers for Medicare and Medicaid Services has adopted new provisions to lower maximum out-of-pocket costs by $400 in the federal health insurance marketplaces in 2022.
The payment notice finalizes a maximum annual limitation on cost-sharing in th…

Humana purchases remaining share of Kindred at Home for $5.7B

The payer is buying the remaining interest from TPG Capital and Welsh, Carson, Anderson & Stowe in a deal that values Kindred at $8.1 billion.
 

Cigna members can now tap into mental health services via Ginger app

Interested members can download the Ginger app and provide their insurance information to gain access to the full suite of services.

CMS proposes modifications to the Promoting Interoperability Program

The agency is floating new requirements for hospitals to report on syndromic surveillance, immunization registries, electronic case reporting and electronic reportable laboratory results. It also has new plans for quality reporting.

Moderna commits funding to increase global supply of its COVID-19 vaccine

Moderna, manufacturer of one of the three main COVID-19 vaccines being circulated in the U.S., said Thursday it’s making new funding commitments to increase supply, which the company said will increase global supply of the vaccine to 3 billion doses by…

Despite beating revenue expectation, Teladoc’s net losses lead to dip in stock

Teladoc reports a net loss of $1.31 per share, a total of $199.6 million.

BCBS members receive notice of $2.7B antitrust settlement

Millions of Blue Cross and Blue Shield beneficiaries are receiving notices that they may be eligible for a share of a $2.7 billion antitrust settlement that was settled last October.
Claims must be filed by November 5.

Hospital payments increase 2.8% under CMS proposed rule

The Centers for Medicare and Medicaid Services has updated the Medicare fee-for-service payment rates and policies for inpatient hospitals and long-term care hospitals for 2022. 

CMS releases hospital quality star ratings

The Centers for Medicare and Medicaid Services on Wednesday released the overall hospital quality star ratings that now include new methodology in five measure groups.
 
CMS rated over 4,500 hospitals from 1 to 5 stars, with five representing the highe…

In his first joint address, Biden promotes giving Medicare the power to negotiate lower drug prices

President Joe Biden’s joint address to Congress tonight held promises for the future of healthcare.
Biden wants to continue the lower premiums in the Affordable Care Act that are available under the American Rescue Plan, lower deductibles in the ACA an…