Category: Healthcare Finance News

NVIDIA releases AI-based healthcare tools for hospitals, research organizations

Chipmaker NVIDIA announced the launch of FLARE (Federated Learning Application Runtime Environment), an open-source software platform offering a common computing foundation designed to improve collaboration on AI model development in healthcare.

Healthtech companies reap benefits of robust year in venture capital funding

Venture capital investment in global healthtech companies is projected to reach $42 billion by the end of the year, according to Silicon Valley Bank’s latest report, “The Future of HealthTech.”
The first three quarters of 2021 closed with what SVB call…

WHO declares COVID-19’s Omicron a ‘Variant of Concern’

The World Health Organization has declared the new COVID-19 variant Omicron a “Variant of Concern.” 
The WHO Technical Advisory Group on SARS-CoV-2 Virus Evolution convened on Friday to assess the variant that was first reported to WHO from South Afric…

Humana announces value-based agreement with Minnesota-based Allina Health

Insurer Humana and nonprofit healthcare system Allina Health are expanding their existing agreement to focus on value-based care for Humana’s Medicare Advantage members in Minnesota, the organizations said this week.
The multiyear agreement, which take…

Staff shortages and supply chain woes threaten profit margins

Labor shortages and supply chain challenges are a rising threat to profit margins for U.S. healthcare and pharmaceutical companies, according to a new report from Fitch Ratings.
 

Rural providers are getting $7.5 billion in American Rescue Plan funds

The average amount is $170,700, with payments ranging from $500 to $43 million.

American Society of Anesthesiologists accuses BCBS NC of abusing No Surprises Act

The American Society of Anesthesiologists has accused BlueCross BlueShield of North Carolina of abusing new federal law designed to protect patients from out-of-network bills. 

HHS announces a record number of healthcare workforce awards in rural and underserved communities

The Biden Administration, through the Department of Health and Human Services, has awarded a historically high number of health workforce loan repayment and scholarship programs due to a new $1.5 billion investment, including $1 billion in supplemental…

Surprise medical bills average $750 to $2,600, new federal report says

Millions of Americans with private health insurance experience some kind of surprise medical billing, according to a new government report released less than six weeks before the No Surprises Act goes into effect.

Newly expanded supplemental benefits in Medicare Advantage grew 43% for 2022

Medicare Advantage plans offering at least one newly-expanded supplemental benefit rose 43% from the 2021 to the ’22 coverage year, finds new analysis from the Better Medicare Alliance.