Large increases in bad debt and charity care deductions during the first quarter of the year have resulted in hospitals and health systems seeing a notable rise in uncompensated care, according to the latest performance trends report from Strata.
Category: Healthcare Finance News
CMS cracking down on Medicaid funding for immigrants
The Centers for Medicare and Medicaid Services has said it will be increasing federal oversight to stop states from putting Medicaid dollars toward healthcare for people who are in the country illegally.
White House report says children are overmedicated, criticizes vaccines
A new report released by the White House outlines the current administration’s approach to child health, pinning much of the blame of childhood chronic disease on factors such as diet, physical activity and “overmedicalization,” or overmedicating.
Waltz Health, WellDyne partnering on specialty pharmacy services
Digital health outfit Waltz Health is teaming with WellDyne to enhance transparency for specialty pharmacy clients.
Powered by Waltz Connect, the collaboration brings Waltz Health’s Intelligent Specialty Engine to WellDyne’s clients, starting with a se…
Payers, providers and vendors team to boost efficiency, close care gaps
Strategic collaborations between payers, providers and health IT vendors are accelerating gains in healthcare efficiency, quality and financial performance, according to the latest KLAS Points of Light” report.
Hawaii health system expanding emergency department
Hawaii Pacific Health in Honolulu is planning on redevelopment of Straun Benioff Medical Center, and has received $4 million from the Hawaii Medical Service Association to fund the project. It’s HMSA’s largest gift to HPH and the first to Straub Benioff.
Evernorth capping out-of-pocket costs for GLP-1s at $200
Evernorth, the health services division of Cigna, is debuting a pharmacy benefit management program geared to make Wegovy and Zepbound more available to patients by capping the amount they spend monthly on GLP-1 medications.
Through negotiations with t…
Reconciliation bill with Medicaid cuts passes House
The House early Thursday morning passed President Trump’s reconciliation bill in a 215-214 vote, sending it to the Senate where some Republicans are reportedly balking at its adding $3.8 trillion to the federal deficit.
Feds seeking public input on drug price transparency
The departments of Labor, Health and Human Services and the Treasury are seeking public input on how to improve prescription drug price transparency.
Court OKs Rite Aid plan to sell pharmacies to CVS
The U.S. Bankruptcy Court of New Jersey has approved a plan for Rite Aid to sell 64 of its stores to CVS Health and the prescription files of 625 Rite Aid pharmacies across 15 states, with more details about the deal to be revealed in the coming weeks,…
