Category: Healthcare Finance News

Tenet Healthcare to sell its urgent care locations to FastMed Urgent Care

With the agreement, FastMed will add 87 CareSpot and MedPost centers to their 104 locations in North Carolina, Arizona and Texas.

Walgreens begins administering the COVID-19 vaccine in select states

Walgreens and CVS are leading the effort for vaccinations of staff and residents of long-term care facilities.

FDA advisory committee approves Moderna vaccine for emergency use authorization

Today, pharmacies began administering Pfizer vaccine to residents and staff of long-term care facilities. 

CMS creates direct contracting model to serve individuals dually eligible for Medicare and Medicaid

The new opportunity will test how financial risk-sharing can reduce Medicare expenditures while preserving the quality of care for beneficiaries.

Costs, COVID-19 risk and delays top older adults’ concerns about seeking emergency care

Eighty-six percent cited risk of COVID-19 as something they’d take into account when deciding whether to seek emergency care.

HHS will provide additional COVID-19 tests to states and vulnerable populations in 2021

HHS is allocating an additional 30 million Abbott BinaxNOW tests for vulnerable groups such as nursing homes, HBCUs, tribes and more.

For-profit hospitals’ financial outlook is stable heading into 2021 despite COVID-19, Moody’s says

Patient volumes, adjusted admissions and federal funding contribute to the outlook, although outside factors could change this.

70,000 providers to get $24.5 billion to cover lost revenue and expenses

Congress continues to debate a $900 billion relief bill that would include funds for vaccine distribution and testing and relief for hospitals.

FDA advisory committee today is expected to scrutinize Moderna on vaccine reaction 

Sandra Lindsay, a critical care nurse at Long Island Jewish Medical Center, receives the first Pfizer-BioNTech vaccine in the U.S. on Dec. 14. (Photo courtesy Northwell Health.)
The FDA is recommending surveillance of Bell’s palsy after four Moderna trial participants developed the temporary facial paralysis.

Pharmacy giants ramp up logistical assistance for COVID-19 vaccine rollout

Walgreens, Costco, CVS and others said they would use existing IT systems to help customers track their vaccination dosage schedule.