Category: Healthcare Finance News

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.

Omicron spreads to 21 states but may be less severe

A little more than a week after Omicron was first detected in the United States and two years after the first coronavirus case was reported in China, 21 states have confirmed cases of the new COVID-19 variant.
This variant may be less severe, according…

Changes to Medicaid asset limits could improve eligibility for vulnerable seniors

In a new analysis in the December issue of Health Affairs, University of Pittsburgh Graduate School of Public Health scientists propose four solutions states could implement to improve Medicaid eligibility for seniors, particularly for Medicare enrolle…

Medicare physician spending dropped 14% ahead of fee schedule cuts

Medicare spending on physician services totaled $82.9 billion in 2020, down from $95 billion the year prior, data shows.

Cleveland hospitals delay surgeries due to COVID-19 spike

Three Cleveland area hospital systems – Cleveland Clinic, University Hospitals and MetroHealth – will be postponing some surgeries due to a spike of COVID-19 cases in the area, turning the clock back to the height of the pandemic when many facilities p…

HHS appeals block on healthcare worker vaccine mandate

Unhappy about a federal court decision that put the brakes on the Centers for Medicare and Medicaid Services’ national vaccine mandate for healthcare workers, the Department of Health and Human Services has filed an appeal in the U.S. Court of Appeals …

HHS shows 63-fold increase in Medicare telehealth use during the pandemic

Telehealth utilization increased 63-fold during the pandemic, according to a new report from the U.S. Department of Health and Human Services.
Behavioral health providers saw the highest telehealth utilization in a 32-fold increase, HHS said.