Spending for retail prescription drugs reached $333.4 billion in 2017, and those rising costs represent 10 percent of overall healthcare spend.
Category: Healthcare Finance News
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
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.
Delivery robot poised to create efficiencies, save on operational costs for hospitals
Modeled after a robot from the Star Wars films, Relay offers a potential escape hatch for healthcare pros who’d rather avoid lugging stuff around.
Blue Cross North Carolina and 5 major health systems enter contract to share in outcomes and costs
The Blue Premier model ties total payments to the health systems’ ability to manage costs and overall performance, as measured by industry standards.
