Category: Healthcare Finance News

Kaiser Permanente hit by pandemic but remains in the black in 2020

Year-end financials are being watched closely as the healthcare system gets a handle on the full impact of COVID-19.

The top ten things CEOs got right during the pandemic

CEOs and CFOs had to become more agile overnight and shared many of the same best practices.

U.S. healthcare system could save $16.3B through workflow automation

Prior authorization continues to be the area with the lowest adoption rate, with only 21% of medical plans having fully electronic transactions.

How to prepare for the next health crisis? Epic, Teladoc and others have ideas

Doctors in PPE looking at a computer screen
More than 100 stakeholders, including AMA, AHA and Mayo Clinic, have convened to release policy and regulatory recommendations to improve the country’s disaster preparedness.

Healthcare employment falls for the first time since last April

Between December and January, hospitals lost more than 2,000 jobs.

Cigna eliminates prior authorization requirements for some CT exams

Prior authorization is also eliminated for 3D image post-processing, including the evaluation of cardiac structure and function.

Johnson & Johnson submits its COVID-19 vaccine for EAU

Following authorization, Johnson & Johnson says it expects to supply 100 million doses to the U.S. in the first half of 2021.

Biden orders a review of the public charge rule and rescinds Trump memorandum

The rule has been criticized for causing immigrants to disenroll from public programs like Medicaid.

Humana posts $274 million in losses in the fourth quarter

The organization still managed a $3.1 billion profit for the year, a significant 25% increase from 2019.

Andrew Witty becomes CEO of UnitedHealth Group as David Wichmann retires

Sir Andrew Witty has been named CEO of UnitedHealth Group.
From April to December 2020, Witty took an unpaid leave of absence to serve as a Global Envoy WHO’s COVID-19 efforts.