Category: Healthcare Finance News

Healthcare industry is grappling with the emergence of counterfeit PPE in the COVID-19 battle

A “gray market” for bogus products has emerged, with profiteers hoping to benefit from hospitals’ need for PPE.

New telehealth technology uses the TV set

A team from the VA visited MedSign and talked about the company becoming a vendor of the U.S. government, CEO says. 

CMS proposes coverage updates for artificial hearts and ventricular assist devices

About 6.5 million Americans live with heart failure and these technologies can save their lives, according to CMS.

Reused and out-of-date N95 masks still effective at preventing COVID-19

NIOSH-rated masks can also be subjected to sterilization with hydrogen peroxide or ethylene oxide without compromising efficiency.

Sentara Healthcare, Cone Health seek merger estimated to be worth $11.5 billion

There would be no cash involved in the transaction, with combined reserves and assets allowing more funds for new projects.

CMS announces a new value-based payment model for rural healthcare providers

Rural providers can pursue care transformation such as expanding telehealth to allow the beneficiary’s place of residence to be an originating site.  

AMA and others struggling to perform testing urge HHS to reprioritize COVID-19 guidelines

Strains in the supply chain include reagents, swabs, plastics, viral transport media and personal protection equipment.

COVID-19 is the likely cause of death for 922 healthcare workers to date

A majority of those who have been confirmed to have died from the coronavirus are people of color, many born outside the U.S.

Healthcare M&A transactions see large decline from Q1 to Q2

The drop in M&A activity is especially pronounced year-over-year, with long-term care and physician medical groups among the hardest hit.

HHS announces new eligibility for providers seeking Provider Relief Fund distributions

The new deadline applies to newly eligible providers as well as the eligible Medicaid, Medicaid managed care, CHIP, and dental providers.