Category: Healthcare Finance News

17 health systems invest in Truveta Genome Project

Seventeen health systems have launched the Truveta Genome Project to create what Truveta is calling the largest and most diverse database of genotypic and phenotypic information ever assembled. 
The health systems, with Illumina and Regeneron, have inv…

Medicare Part D drug prices up nearly 100%

The brand-name drugs covered under Medicare Part D have nearly doubled in price, and 25 of them are now up 98% since they debuted in the market, a new AARP Public Policy Institute analysis has found.

CMS finalizes new rule to safeguard Affordable Care Act coverage

The Centers for Medicare and Medicaid Services has issued a rule for additional safeguards to protect consumers from unauthorized changes to their healthcare coverage in the Affordable Care Act marketplace.

CMS announces financial incentives for nursing home staffing

The Centers for Medicare and Medicaid Services is offering eligible nursing homes a shot at applying for Financial Incentive Administrator designation as part of its recently announced Nursing Home Staffing Campaign.

AI driving uptick in venture capital investment in healthcare

Venture Capital investment in healthcare grew to $23 billion in 2024, up from $20 billion in 2023, as artificial intelligence established itself more firmly in the healthcare sector, according to the latest market insights report from Silicon Valley Ba…

Medicare Advantage plans get proposed 4.3% pay hike

Medicare Advantage plans get a 4.3% pay hike in a proposal released by the Centers for Medicare and Medicaid Services on Friday.
If finalized, the proposed 2026 Advance Notice would result in a net increase of over $21 billion to MA plans in 2026.

IU Health says data compromised in cyberattack

Indiana University Health Affiliated Covered Entity (IU Health) said last week that it detected unusual activity linked to a team member’s email account, which resulted in some information being compromised, specifically a limited number of Social Secu…

Walgreens posts $265 million net loss in Q1

Citing lower retail sales, Walgreens said it has lost $265 million in its first fiscal quarter, which ended November 30 – a sharp decline

Duke Health and Abridge partner on AI for clinical documentation

Duke Health is the latest health system to partner with Abridge on generative AI for clinical documentation.
Duke Health, headquartered in North Carolina, and Abridge signed an enterprise-wide agreement in late December to deploy the AI platform to 5,0…

Cincinnati Children’s undergoing $365 million expansion

Cincinnati Children’s Hospital plans a major expansion at its Liberty Campus, which will double inpatient capacity and add surgical operating rooms as part of a $365 million project.
The project will also include construction of a large medical office …