Category: Healthcare Finance News

Pending approvals, the merger will form a 33-hospital system that employs 58,000 caregivers and provides insurance to roughly 1 million people. 
 

Certain safety net hospitals are charging insurers an average of 3.8 times more than the acquisition costs for oncology drugs, although depending on the drug, the markup can be much higher — up to 11 times the purchase price, a new report has found.

A 30-year-old federal law is preventing many managed Medicaid plans from communicating with their members in the way most consumers prefer to get information: by text.

Aetna says it wrongly denied requests to cover fertility treatments for certain individuals and that it would rectify its mistake.

Insurer Independent Health and a subsidiary, DxID, are under fire from the U.S. Department of Justice for allegedly submitting unsupported diagnosis codes to inflate Medicare Advantage reimbursements.
The alleged violation of the federal False Claims A…

Northwell Health and Walgreens have announced a five-year strategic affiliation in New York State.
The digital agreement makes Northwell telehealth providers accessible on the Walgreens Find Care platform, expanding community member access to virtual e…

Due to a surge in COVID-19 cases, Intermountain Healthcare is postponing all non-urgent surgeries and procedures requiring a hospital admission in its trauma and community hospitals.
Staff are needed for the ICUs and acute care units, Intermountain said.

Between June and August, unvaccinated COVID-19 patients racked up $5.7 billion worth of preventable hospital care. 

Value-based care provider Cityblock Health, which focuses on Medicaid and lower-income Medicare beneficiaries, has expanded its collaboration with Tufts Health Plan to offer personalized medical, behavioral and social care to Tufts Health Unify members…

There are numerous issues that can cause food insecurity, ranging from high medical costs to social isolation, and one major insurer has set aside funding for a large-scale clinical study it hopes will help to address food insecurity among its at-risk …