Category: Healthcare Finance News

How COVID-19 has changed the mindset around work and retirement

Workforce shortages, partly caused by retirement, has expanded the CFO role, says eHealth CFO Christine Janofsky. 

National Kaiser Permanente workers’ strike avoided with tentative agreement

On Saturday, Kaiser Permanente and the Alliance of Health Care Unions reached a tentative agreement on a four-year contract, covering nearly 50,000 Kaiser Permanente healthcare employees in 22 local unions, thereby avoiding a potential nationwide strik…

Medicare Part B premiums are increasing by 14.5%

The Centers for Medicare and Medicaid Services has increased Medicare Part B premiums, deductibles and coinsurance for next year in what will be a significant hike.
The standard monthly premium for Medicare Part B enrollees will be $170.10 for 2022, an…

Advocate Aurora Health raises minimum wage to $18/hour

Advocate Aurora Health, among the largest employers in Illinois and Wisconsin, has announced that it will raise its minimum wage to $18 an hour beginning December 5. 
Advocate Aurora is among the first health systems in the country to do so, according …

New spending from Build Back Better would outweigh cuts in DSH payments, finds Urban Institute

Earlier this year, President Joe Biden proposed a framework called Build Back Better that would, among other things, expand Medicaid.

AMA argues against blocking the federal vaccination mandate

Workplace transmission is high and vaccination is the most effective mitigation measure, physician group says.

CMS rescinds final rule for ‘breakthrough’ medical devices

The Centers for Medicare and Medicare Services is rescinding a final rule that would have granted expedited Medicare coverage for certain “breakthrough” devices.
The decision to rescind the Medicare Coverage of Innovative Technology and Definition of “…

HFMA’s first Black chair tells finance leaders to focus on diversity, inclusion and health equity

Healthcare Financial Management Association Chair Tammie L. Jackson called on healthcare finance leaders to focus on reducing healthcare disparities and promoting health equity, during HFMA’s Annual Conference held this week in Minneapolis and online.

Nonprofit health plans focus on reducing premiums, expanding benefits

Nonprofit payers have used a variety of strategies to address plan affordability throughout the next year, including reducing premiums by as much as 10% in some instances, finds a new report from the Alliance of Community Health Plans.

Anthem to acquire long-term care plan Integra Managed Care

Anthem announced Wednesday that it has entered into an agreement to acquire Integra Managed Care, a managed long-term care plan in New York that provides assistance to adults with long-term care needs and disabilities — ideally allowing them to live s…