Category: Healthcare Finance News

Massachusetts orders hospitals to cut non-urgent procedures by 50%

The Commonwealth of Massachusetts has decreed that hospitals with limited capacity cut their non-urgent procedures by 50% starting Wednesday, December 15, in response to ongoing staffing issues.

FDA approves Pfizer booster for 16- and 17-year-olds

The U.S. Food and Drug Administration has amended the emergency use authorization for the Pfizer-BioNTech COVID-19 vaccine, authorizing the use of a booster dose for 16-and-17-year olds at least six months after completion of the primary vaccine.

Clover Health and Cricket Health partner to target chronic kidney disease 

Medicare Advantage insurer Clover Health has launched a new clinical program targeting chronic kidney disease in an effort to minimize the time between diagnosis and treatment to improve outcomes for seniors.

AHA, AMA and others file lawsuit over No Surprises Act implementation

The American Hospital Association, American Medical Association and other provider organizations have sued the Department of Health and Human Services and other federal agencies over impl

Cancer patients potentially overlooked in COVID-19 vaccine rollout

Almost two-thirds of U.S. states failed to prioritize cancer patients for COVID-19 vaccinations, despite recommendations from the Centers for Disease Control and Prevention, according to a study presented this week at the annual meeting of the Radiolog…

Physician income declines when hospitals acquire practices, study shows

Hospital acquisition of independent physician practices is linked to a small drop in physician compensation, with a 0.8% drop in average income, according to new findings published in Health Affairs. This suggests hospitals may not benefit financially …

Nonprofit hospitals can manage Omicron’s effects on operations and cash flows, finds Fitch

While the Omicron variant of COVID-19 will likely cause challenges for the nation’s hospitals, nonprofit hospitals in particular will be able to manage these challenges without outsized effects on operations and cash flows, finds a new report by Fitch …

Jury orders UnitedHealthcare to pay TeamHealth more than $60M for underpaying clinicians

On Tuesday, a Clark County, Nevada jury awarded $60 million in punitive damages to three Nevada-based TeamHealth affiliates in their case against UnitedHealthcare for unfair payment and reimbursement tactics. 

HHS debuts $30M grant program meant to curb opioid epidemic

While it may be overshadowed by the COVID-19 pandemic, the opioid epidemic is still in full effect in the U.S., and on Wednesday the Department of Health and Human Services announced a harm reduction grant program to support community harm reduction se…

House averts massive Medicare cuts to hospitals and physicians

Medicare payment cuts that would have affected reimbursement to hospitals and physicians have again been averted by a last-minute deal in the House.