The fine is the largest ever imposed on any company for violating consumers’ privacy, according to the FTC.
Category: Healthcare Finance News
Healthcare’s number one financial issue is cybersecurity
The cost of a healthcare breach is about $408 per patient record and that doesn’t include the loss of business, productivity and reputation.
Senate Finance drug pricing bill faces opposition in full Senate
Prescription Drug Pricing Reduction Act passes in bipartisan effort in committee, but full Senate approval may mean bill modifications.
CMS proposed rule requires hospitals to make public their payer-specific negotiated charges
CMS Administrator Seema Verma says administration is not afraid of legal push-back from providers or payers.
Women and minorities underrepresented in emergency medicine, new research shows
Less than a quarter of newly certified paramedics are female, and only about 5 percent of EMTs self-identify as black.
Volume and value of healthcare mergers and acquisitions increase during second quarter
Despite the robust quarter, none of the transactions were considered "mega-deals," valued at $5 billion or more.
Massachusetts global payment experiment yields encouraging results on medical spending, quality
One of the largest private insurance plans to use population-based global budgets achieved success in slowing spending growth.
Patient satisfaction survey needs to be overhauled, hospital groups say
Patient response rates have been declining over the years; the response rate was 33% in 2008 but just 26% in 2017.
Insurance linked to hospitals’ decision to transfer kids with mental health emergencies
Children without insurance were 3.3 times more likely to be transferred than those covered under private insurance.
Health systems allocate just 5-10% of total spending on primary care, despite benefits
Increased primary care spend associated with lower emergency room and hospital costs.
