Category: Healthcare Finance News

Decision Diagnostics CEO indicted on charges of securities fraud and making false statements

During the time which Berman is accused of defrauding investors, Decision Diagnostics’ stock rose by over 1,500%.
During the time which Berman is accused of defrauding investors, Decision Diagnostics’ stock rose by over 1,500%.

Medical groups generated a profit in 2019 while health system-affiliated groups took losses

The numbers don’t necessarily reflect worse performance among system-affiliated groups, but rather a different mix of expenses and services.

Significant disparities found in telehealth use, especially among older patients

Inequities were found by race/ethnicity, socioeconomic status, age, and when someone used a language other than English.

Judge signs off on Concord Hospital’s acquisition of LRGHealthcare

LRGHealthcare filed for bankruptcy in October after years of being in a "precarious financial state."

Confusion about flu shot, efficacy of COVID-19 vaccines may slow adoption

Roughly 40% of Medicare beneficiaries plan to get a coronavirus vaccine, the highest percentage among all groups.

Phase 3 trial of Novavax investigational COVID-19 vaccine opens

The investigational vaccine is made from a stabilized form of the coronavirus spike protein using recombinant protein nanoparticle technology.

Making seniors comfortable with telehealth will be a goal for healthcare in 2021

Access and communication are the main barriers to entry for older Americans seeking to utilize virtual care.

Sun River Health shifts 67% of its visits to telehealth

Protecting its patients from COVID-19, the 64-site health center moved from very limited telemedicine capabilities to wide-ranging virtual care supported by an FCC grant.

Highmark and Boehringer Ingelheim value-based arrangement yields cost savings for diabetes patients

An individual diabetes patient can expect to pay about $9,600 each year on diabetes medical costs alone.

CareFirst BlueCross BlueShield to cover all costs for COVID-19 vaccines

The company is working with state and local leaders to help support community vaccination and distribution efforts.