Category: Healthcare Finance News

Healthcare revenue cycle management market projected to be worth $104 billion by 2025

Increasing government spending is partially driving the market’s growth, along with initiatives to encourage adoption of third-party solutions.

More than half of rural hospitals could close under a public health option

The demand for telemedicine – seen as an elixir for rural health accessibility – has put extreme demands on limited program funding, FCC says.

Charity care spending among California hospitals is plunging

The state’s general acute-care hospitals spent less than half on low-income patients in 2017 than they did in 2013, data showed.

Medical devices pose cybersecurity and patient threat

Security breaches can happen outside of the four walls of a hospital.

Allscripts pays $145 million to settle Practice Fusion civil and criminal investigation

Despite reporting strong second quarter bookings increases of 31% over the previous year, Allscripts had a second quarter net loss of $150 million.

Medicare to cover expensive CAR T-cell cancer therapy, but questions remain on full cost to hospitals

The therapy costs $375,000 or $475,000, with hospital stays due to adverse effects adding hundreds of thousands of dollars to care.

IPA, insurer launch innovative new partnership to manage social determinants of health

Healthy Alliance IPA, led by former ONC deputy Dr. Jacob Reider, will work with MVP Health Care to connect social services and healthcare providers via the Unite Us technology platform.

Humana and ADVault expand MyDirectives for advance care planning

Medicare began reimbursing physicians for advance-care planning counseling in 2016, but only about a third of adults have such a document.

Aetna helps drive CVSHealth’s 175% net income increase for quarter

CVSHealth continues to make inroads into traditional healthcare, with HealthHUBS in 1,500 locations by 2021.

CVSHealth uses analytics to expand diabetes program, launch hypertension model

The goal is to reduce the incidence of diabetes in a given population by 58% in three years.