As many as 3 million people lost their employer-based coverage between March and September of 2020.
Category: Healthcare Finance News
Mercy Hospital and Medical Center of Chicago files for bankruptcy after months of losses
During the first six months of FY 2021, Mercy lost an average of $5 million a month.
Medicare fee-for-service utilization decreased dramatically during the COVID-19 pandemic
Utilization among whites decreased more than among the Black or Hispanic populations but the largest utilization decreases were among Asians.
Hospitals need vaccine supply predictability ‘all the way to the loading docs’
Executives say they also need more funding and better reporting efficiency across states.
The role of health systems in empowering communities
Organizations must reorient to care for patients in and out of the clinical setting, according to Anjali Taneja, executive director of Casa de Salud.
Biomaterials could mean better vaccines, virus-fighting surfaces in hospitals
These developments may decrease the likelihood that future pandemics will match COVID-19’s disruption to the U.S. healthcare system.
Humana joins with IBM Watson Health on AI tool
Humana is also working with CMS on a demonstration program for a hospice benefit for MA members.
Department of Justice tells Supreme Court it supports Affordable Care Act
Under the Biden Administration, the DOJ says the ACA can stand even though there is no longer a tax penalty for not having health insurance
Northwell Health sues property insurers for denial to pay losses suffered due to COVID-19
Northwell says it provided documentation to the insurers of hundreds of millions of dollars of covered costs and losses.
RWJBarnabas furthers partnership with Rutgers University by joining clinical practices
RWJBarnabas has begun a number of partnerships in recent months, including with Saint Peter’s Healthcare System and Trinitas Regional Medical Center.
