Category: Healthcare Finance News

HHS is releasing additional $10B to hospitals in COVID-19 hot spots

These funds are from the $175 billion relief package from Congress

HHS to provide COVID-19 tests to every nursing home in the U.S. starting with hotspot facilities

They will be sent enough tests to screen each resident and staff member weekly, as well as visitors if appropriate for the facility.

Former Kaiser CEO George Halvorson promotes universal healthcare through ‘Medical Advantage’ for all

Halvorson envisions an integrated system which unites healthcare payment, improvement and racial and economic equity. 

Up to 10 million Americans could lose employer-sponsored healthcare due to COVID-19 job losses

About 48 million nonelderly Americans will be part of a household in which someone loses a job due to COVID-19.

Health system leaders attribute telehealth, communication and planning to financial recovery

Executives spoke about navigating through the pandemic during the Healthcare Financial Management Association Digital Annual Conference.

COVID-19 is reducing physician compensation, job options

Demand for physicians, as gauged by the number of new search engagements, has declined by over 30% since March 21.

White House to hospitals: Bypass CDC, report COVID-19 data directly to HHS

Centers for Disease Control and Prevention Director Dr. Robert Redfield says the controversial new process, which calls on hospitals to send capacity and utilization data to HHS, was made with CDC support.

Class action lawsuit claims UnitedHealthcare diverts plan funds to settle unrelated disputes

UnitedHealthcare does not deny the practice and claims it makes healthcare more affordable.

C. Duane Dauner, former California Hospital Association CEO, dies in car crash

Dauner helmed the CHA for more than three decades and was instrumental in developing the Affordable Care Act.

Hospitalized care for COVID-19 averages $34,662 to $45,683, varying by age

Nationally, people aged 51 to 60 were charged the most, according to the FAIR Health study.