Category: Healthcare Finance News

HHS Secretary Xavier Becerra releases proposal to lower prescription drug costs

The underlying principles behind the plan, according to HHS, are competition, innovation and transparency.

Biden mandates vaccines for private sector, federal employees, healthcare staff and more

President Biden today took steps to increase the number of Americans who are vaccinated by mandating shots for healthcare workers and also for the private sector.
Biden’s plan requires all employers with 100-plus employees to ensure their workers are v…

DOJ files lawsuit against Texas over abortion law

The federal government wants SB8 declared invalid and the court to issue a preliminary and permanent injunction.

Executives have yet to fully commit to digital, consumer-centric care, Kaufman Hall finds

Hospitals need to focus on digital investment to compete with other hospitals and retail and technology companies.

Shifting common outpatient procedures to ASCs shows cost savings

Hospital outpatient departments perform routine procedures and surgeries such as colonoscopies and cataract removals for commercially insured individuals at substantially higher prices than Ambulatory Surgery Centers, according to new findings publishe…

CMS releases evaluation of Vermont all-payer model, with promising early results

The APM achieved statistically significant Medicare gross spending reductions at both the ACO and state levels.

75% of U.S. adults have now received at least one COVID-19 shot, says CDC

More than 73% of those ages 12 to 18 have received one shot, while 92.4% of those older than 65 have received at least one dose.

CMS provides additional ARP funding to states to promote insurance affordability

States with 1332 reinsurance waivers will have more pass-through funding to implement the waivers.

PhRMA battles Biden on proposal for Medicare to negotiate drug prices

If passed, the proposal would reduce revenue of the pharmaceutical industry by 40%, according to PhRMA.

AHIP wants more time for insurers to implement the interim final rule on surprise billing 

AHIP is concerned about the timeline for an interim final rule on surprise billing and has asked the Department of Health and Human Services and other agencies for safe harbor for insurers to implement provisions in the rule through 2023, rather than t…