Accountable Care Organizations are struggling to find specialists to improve value-based care, although it is a top priority Centers for Medicare and Medicaid Services.
Category: Healthcare Finance News
HIMSSCast: Revolutionizing the Medicare program
Brookings Institution Visiting Fellow Wendell Primus spent 18 years working on Capitol Hill as a senior policy advisor on health and budget issues for former House Speaker Nancy Pelosi.
Now with Brookings Institution Research Assistant Parish Rich Bing…
Elevance reports 12.2% increase in earnings for Q1
Elevance Health on Thursday reported net income of $2.25 billion in the first quarter of 2024, a 12.2% from the $2 billion reported in the same quarter for 2023.
The insurance giant formerly known as Anthem reported no significant impacts to operations…
CVS, inVio creating South Carolina ACO through REACH
CVS Accountable Care Organization, a division of CVS Health, and inVio Health Network, a collection of more than 5,600 South Carolina providers, are collaborating to create a new accountable care organization through the ACO REACH program.
ACO REACH f…
Pennsylvania health systems sue Aetna claiming breach of contract
Bridges Health Partners has filed a lawsuit against Aetna Network Services, citing multiple breach-of-contract claims from its 2023 agreement.
AHA concerned over penalties for cybersecurity standards
In a statement to the Committee on Energy and Commerce Subcommittee on Health, the American Hospital Association said it was concerned over potential penalties for hospitals and other healthcare facilities that fall short of the Biden administrat
AI facilitating collaboration among Stanford nurses and physicians
Artificial intelligence has demonstrated value as an assistant for physicians, helping care teams via disease-identifying algorithms and large language models that record notes during patient visits. But a new study from Stanford Medicine shows the pot…
House subcommittee scrutinizes Change cyberattack
The House Subcommittee on Health and witnesses slammed insurers Tuesday for continuing to make money during the Change cyberattack crisis while hospitals and health systems suffer revenue losses and some physician practices are on the brink of bankruptcy.
Four mega mergers help increase M&A in Q1
The first quarter of 2024 saw a significant uptick in merger and acquisition activity, with 20 announced transactions – which, according to Kaufman Hall, represents the strongest first quarter since Q1 2020, just before the start of the COVID-19 pandem…
Elevance teams with private investment firm on primary care
Elevance Health and private investment firm Clayton, Dublier and Rice (CD&R) have agreed to form a strategic partnership meant to accelerate innovation in primary care delivery, with an eye toward improving experience and outcomes.
The effort will brin…
