Category: Healthcare Finance News

Cigna raises financial forecast for 2021 despite the ongoing COVID-19 pandemic

Major health insurer Cigna beat financial expectations during the first quarter with a $1.2 billion profit, and has adjusted its 2021 outlook to reflect renewed optimism, despite the difficulties created by the ongoing COVID-19 pandemic.

UnitedHealth launching post-discharge home program for group Medicare Advantage plans

UnitedHealthcare will soon be launching UnitedHealthcare Healthy at Home, the insurer said last week, an offering that’s designed to help retirees safely transition back home after being discharged from a hospital or skilled nursing facility.

Pfizer and BioNTech apply for full FDA approval of COVID-19 vaccine

Pfizer and BioNTech announced today they have submitted an application to the Food and Drug Administration for full approval of their COVID-19 vaccine.
The companies also said they want to expand the current emergency use authorization for their vaccin…

CMS increases Medicare payment for COVID-19 monoclonal antibody infusions

The Centers for Medicare and Medicaid Services has increased the Medicare payment rate for administering monoclonal antibodies to treat beneficiaries with COVID-19, continuing coverage under the Medicare Part B COVID-19 vaccine benefit. Beneficiaries p…

AHA urges HHS to let providers use relief funds until COVID-19 ends

The American Hospital Association sent a letter to the U.S. Department of Health and Human Services this week asking the agency to allow providers to use their COVID-19 relief fund grants past the current deadline, which is set for June 30.

CMS worked ‘to keep hospital payments as steady as possible’ in inpatient rule

Healthcare experts, such as Caitlin Sheetz, director and head of Analytics for ADVI, are still combing through everything in the Center for Medicare and Medicaid Services’ Hospital Inpatient Prospective Payment System and Long Term Care Hospital propos…

Biden administration to waive intellectual property protections for COVID-19 vaccines

President Joe Biden’s administration this week said it will support the waiver of intellectual property protections for COVID-19 vaccines, allowing developing nations to produce vaccines created by pharmaceutical companies in an effort to further limit…

Hospital leaders urge vaccinations to protect children as COVID-19 cases surge in Michigan

Michigan is currently experiencing a rise in COVID-19 cases, and in response, leaders from 14 hospitals in the state have published a letter urging the public to get vaccines for children who aren’t able to, citing the high number of children who have …

CEO Coalition commits to physical, psychological and emotional workplace safety

Ten hospital and health system CEOs have created a Declaration of Principles to protect their healthcare workforce.

Telehealth can increase nurse workloads, study shows

The use of in-home monitoring for Type 2 diabetes and hypertension patients led to twice as many activities completed by nurses.