Category: Healthcare Finance News

CMS announces 1.66% rate hike for Medicare Advantage plans

AHIP says it is concerned that several proposals could undermine choice, benefits and costs and diminish the value of the program.

Strategies allow health leaders to plan for critical care surge during coronavirus pandemic

Creative thinking will be needed to carve out the necessary critical care capacity to address the surge in COVID-19 patients.

Hospitals furlough staff, reduce physician salaries waiting for CARES Act funds

AHA urges Trump Administration for release of $100 billion to hospitals as soon as possible.

COVID-19: Shortages of protective equipment, insufficient tests plague hospitals, OIG finds

Various hospital challenges are feeding off each other as three out of four hospitals treat patients with coronavirus symptoms, OIG report says.

Trump Administration wants to use hospitals’ $100 billion to cover uninsured

The American Hospital Association is urging for other options, such as opening up a special enrollment period of the Affordable Care Act.

United Health Foundation donates $5 million to support the homeless, food insecure, during COVID-19 crisis

UnitedHealth Group previously announced $50 million to fight COVID-19 by supporting healthcare workers, seniors and hard-hit communities.

Horizon BCBS New Jersey gives $2.5 million for personal protection equipment

Providers continue to face critical shortages of critical care staff, ventilators, masks and other personal protection equipment.

AHIP supports federal regulation of PBMs in Supreme Court case

Should states win their case to regulate how PBMs contract with pharmacies, plan costs will rise, AHIP says.

Coronavirus is impacting the financial health of nonprofit hospitals, but CFOs have some options

Revenue is tanking while expenses are going up as organizations prepare for big surges in coronavirus cases.

To combat COVID-19, FCC’s Ajit Pai proposes $200M telehealth investment program

The proposal would fully fund telehealth services and devices for eligible healthcare providers, although some aren’t pleased with its exclusion of for-profit hospitals.