Category: Healthcare Finance News

Bundled payment programs in healthcare becoming more common despite lack of comprehensive IT solution

CMS’ renewed interest in mandatory bundled payments includes the possibility of additional participation for oncology and other providers.

Massachusetts General Hospital plans massive $1 billion expansion that will add a million square feet, 450 beds

Expansion will be located within the current MGH campus and will include a 12-story pair of connected towers; funding efforts are already underway.

More than half of consumers lack confidence in their ability to properly take new medications as directed

Spending for retail prescription drugs reached $333.4 billion in 2017, and those rising costs represent 10 percent of overall healthcare spend.

Arizona is eighth state to require Medicaid beneficiaries to work or take part in community service

Arizona is the first state to exempt members of federally-recognized tribes.

How Kaiser Permanente saved $8.6 million sharing medical equipment and reimagined asset management

Ronald K. Loo
The system’s equipment sharing program saved $500,000 in its first year but Ronald Loo, who came up with the idea, said it’s become about much more than the money.

Cancer survivors face significant hardships related to medical bills

Having a high deductible health plan without a health savings account was associated with greater hardship compared with low deductible insurance.

Ascension Healthcare CEO Pat Maryland, two other key executives, are leaving health system

The position of CEO of Ascension Healthcare will be eliminated effective July 1.

Payments to physicians may increase opioid prescribing, study shows

The Medicare population is estimated to have the highest and fastest growing prevalence of opioid use disorder in the U.S.

Loyola Medicine, Palos Health expand partnership with plans to fully merge

The two systems have signed a non-binding letter of intent and due diligence is expected to take several months.

Part D plans take on more risk in new CMMI model

CMS also updates Medicare Advantage value-based insurance design, offering more benefits to attract beneficiaries and increase competition.