A few stakeholders recommended removing or suspending the overall star ratings from Hospital Compare until changes are made.
Category: Healthcare Finance News
Drug price forecast projects 4.5 percent increase in hospital drug spending for 2020
Pharmaceutical costs are already a large share of most health organizations’ budgets and this year’s inflation rate may increase drug budgets.
St. Elizabeth Healthcare, Anthem Blue Cross and Blue Shield target high cost claims
St. Elizabeth’s five hospitals are the first in the state to participate in the voluntary agreement to reduce charges by as much as 45 percent.
CMS to display the star ratings for Affordable Care Act exchange plans
The price of plans will be included to create competition in the market that opens for 2020 starting November 1.
CashMD launches price transparency tool
Users can search for the price of a procedure at providers in their area and then book an appointment through the app.
Up to 14% of internal medical residents have been bullied during training, Johns Hopkins found
Those who reported harassment said bullying resulted in burnout, depression and other ill health effects.
U.S. spends more on healthcare, but not on social services spending, study finds
Countries that spent more on social services tended to spend more on health care, even after adjusting for poverty and unemployment rates.
Majority of providers fall short of compliance with HIPAA access requirements
The primary reason for noncompliance was that most providers don’t send records electronically even when so requested.
Insurers’ collective premium rate increases are less than 1% for 2020 ACA plans
Numerous states reported requested rate decreases and only three have double-digit increases.
Tufts and Harvard Pilgrim to merge, creating large nonprofit insurer
The new organization, yet to be named, will be one of the largest nonprofit health organizations in Massachusetts and the surrounding region.
