Ashland Community Hospital in Medford, Oregon is expanding its emergency department and surgical services as part of a new strategic plan that’s meant to facilitate the hospital’s long-term sustainability.
Category: Healthcare Finance News
Children’s Mercy Kansas City names Dr. Alejandro Quiroga as president and CEO
Children’s Mercy Kansas City has announced the appointment of Dr. Alejandro Quiroga as president and Chief Executive Officer, effective January 2, 2025.
Quiroga comes to Children’s Mercy from Corewell Health in Michigan, where he served as president o…
OCR settles with UCLA over disability access
The Department of Health and Human Services’ Office for Civil Rights (OCR) has reached a Voluntary Resolution Agreement with the Regents of the University of California over its early intervention program over complaints that the program violated disab…
FTC warns against deceptive health plan marketing
The Federal Trade Commission is warning companies that market or generate sales leads for health plans not to engage in deceptive practices in an effort to stave off malfeasance in the industry.
Senate bill proposes to rein in PBMs by forcing them to sell pharmacy businesses
A proposed bipartisan, bicameral bill introduced in the Senate would prohibit an insurer or a parent company of a pharmacy benefit manager from owning a pharmacy business.
If passed, big insurers such as CVS Health, which owns Aetna; Cigna; and UnitedH…
UNC to establish AI-driven oncology center
A team of the University of North Carolina-Chapel Hill researchers has been awarded up to $10 million in Advanced Research Projects Agency for Health (ARPA-H) funding to develop the Cancer Identification and Precision Oncology Center (CIPOC).
Premiums to increase if ACA enhanced subsidies expire, CBO says
The Congressional Budget Office has estimated that the expiration of enhanced subsidies for Affordable Care Act plans – which are set to expire in 2026 – could drive up premiums in the individual market.
Brian Thompson named in lawsuit alleging insider trading
Hollywood Firefighters Pension Fund based in Florida is suing UnitedHealth Group executives, including the late Brian Thompson, for alleged insider trading.
The lawsuit, filed in May in federal court in Minnesota, also names UnitedHealth Group CEO Andr…
Not-for-profit hospital outlook upgraded to neutral
U.S. nonprofit hospitals have made some meaningful strides over the past few months – enough for Fitch Ratings to revise its outlook from deteriorating to neutral, the rating agency said this week.
Lawsuit seeks to halt Deaconess’ planned hospital acquisition
A group called Save Jennie Stuart has filed a lawsuit seeking to stop Deaconess Health’s planned acquisition of Jennie Stuart Medical Center in Hopkinsville, Kentucky.
