Category: Healthcare Finance News

Oscar launches virtual primary care in planned 2021 expansion

The insurer also plans to expand individual and family plans to 19 states and 47 markets, including 19 new markets.

HHS official says turnaround times for COVID-19 tests are faster than reported

HHS Assistant Secretary Admiral Brett Giroir says the media is incorrectly reporting how long it takes for tests to be returned.

Trump’s proposed executive orders on drug pricing may hinder R&D and drug development

The proposals, made during a global pandemic, will likely have little political support and may stifle innovation, experts say.

CMS announces two payment initiatives for COVID-19 drug treatment and counseling

One tracks the effectiveness of COVID-19 drug therapies and the other pays for counseling to slow the spread of the virus.

HHS calls on Congress to end surprise medical billing

A new report by HHS Secretary Alex Azar is calling for congressional action to combat surprise billing and to promote price transparency.

Medicare beneficiaries aren’t confident in government COVID-19 response

Over half of beneficiaries said they have “low confidence” or “no confidence” in the government’s pandemic response.

Drug price forecast estimates 3.29% increase in hospital drug spending for 2021

The top 10 COVID-19 medications have seen a combined spend increase of $200 million, showing big increases in March and April.

A large racial divide exists in the concern over ability to pay for COVID-19 treatment

Non-white adults say they’re either “extremely concerned” or “concerned” about the potential cost of care.

Pharma, biotech companies are in testing phase for a COVID-19 vaccine

Many Pfizer/BioNtech sites are in diverse communities that have been disproportionately affected by COVID-19.

Humana invests $100M into Heal’s house call and telehealth platform

The strategic investment will help Heal expand its services into Chicago, Charlotte, Houston and other new regions.