Category: Healthcare Finance News

Providers get additional COVID-19 distribution, but must act today to keep original funding

HHS is providing an additional $250 million, while giving hospitals until the end of the day to submit their revenue information.

AHA sends letter to HHS requesting additional emergency funding

The additional funds that are required are "substantial," the AHA said, and should be distributed in a quick and equitable manner.

Controlling labor costs can provide hospitals financial stability during pandemic

By shifting personnel to different departments, Nebraska Medicine Center has shored up labor costs and avoided furloughing workers.

Blues plans sue CVS for allegedly inflating generic drug prices

The insurers claim that CVS submitted claims for payment at artificially inflated prices and concealed the true cash price of the drugs.

CMS to enforce nursing home safety through CARES Act funding

Facilities with a one-star quality rating are more likely to have large numbers of COVID-19 cases than facilities with a five-star rating, CMS says.

Electronic health records fail to detect up to 33% of medication errors

While showing minor improvements over the years, EHR systems consistently failed to detect errors that could injure or kill patients.

Cigna is waiving copays, deductibles and coinsurance for primary, specialty and behavioral care

Customers who were eligible to pick a Medicare Advantage plan earlier this year, but could not because of the pandemic, are entitled to a special enrollment period.

COVID-19 impact on hospitals worse than previously estimated

Factors such as how many patients would need ICU treatment, average length of stay and fatality risk are straining hospital resources.

COVID-19 has accelerated adoption of non-contact patient monitoring technology, says Frost & Sullivan analysis

Report predicts shift away from wearables to video analytics and mobile platforms.

Insurers face uncertainty in setting 2021 premiums

Insurers need to project the future cost of delayed elective procedures and total expenses of COVID-19 care.