Category: Healthcare Finance News

Number of cybersecurity attacks increase during COVID-19 crisis

Hackers are taking advantage of provider distraction to breach health systems.

CMS extends Next Generation deadline a year due to COVID-19

CMS also announced changes to other alternative payment models to adjust for the COVID-19 pandemic.

Interoperability can save lives, says b.well Connected Health CEO

CEO Kristen Valdes began b.well after her daughter Bailey’s near death experience.

Telehealth claim lines increased more than 4,000% in the past year

With fewer elective procedures due to widespread restrictions, the telehealth share of total medical claim lines has increased greatly.

Cerner RevWorks to be acquired by R1

R1 will pay a reported $30 million for the revenue cycle management outsourcing division, as Cerner helps the company extend its RCM tools to its client base.

Providers get additional COVID-19 distribution, but must act today to keep original funding

HHS is providing an additional $250 million, while giving hospitals until the end of the day to submit their revenue information.

AHA sends letter to HHS requesting additional emergency funding

The additional funds that are required are "substantial," the AHA said, and should be distributed in a quick and equitable manner.

Controlling labor costs can provide hospitals financial stability during pandemic

By shifting personnel to different departments, Nebraska Medicine Center has shored up labor costs and avoided furloughing workers.

Blues plans sue CVS for allegedly inflating generic drug prices

The insurers claim that CVS submitted claims for payment at artificially inflated prices and concealed the true cash price of the drugs.

CMS to enforce nursing home safety through CARES Act funding

Facilities with a one-star quality rating are more likely to have large numbers of COVID-19 cases than facilities with a five-star rating, CMS says.