Category: Healthcare Finance News

Vanguard Healthcare to pay $18 million due to False Claims Act allegations

The DOJ said Vanguard and its skilled nursing facilities delivered "worthless" services to residents between 2010 and 2015.

One more reason to focus on retaining physicians: They generate $2.4 million for their hospitals

Family physicians and internists also represent significant ROI, generating $2.1 million and nearly $2.7 million in net revenue, respectively.

St. Luke’s revenue cycle benefits by offering patients a discounted price for paying upfront

The health system is keeping up with CMS mandates for price transparency, requirements that will only grow over time, senior Finance VP says.

Investing in consumerism and technology requires scale, wise allocation of investments

Health systems should be allocating more resources to technologies that further the mission of creating a consumer-centric industry.

Travel and wait times for healthcare are the worst among professional sectors, Altarum report says.

When travel and wait times were quantified using hourly wage to measure "economic cost of time spent" the costs averaged $89 billion dollars annually, the analysis said.

Senate Finance Committee wants pharma commitment for lower list prices on drugs

End rebates for both Medicare and commercial plans, and they will lower list prices, pharmaceutical executives say.

How healthcare mergers and acquisitions may actually harm patient satisfaction

Clinical quality itself doesn’t seem to suffer much, but patient perceptions can take a hit from market consolidation.

ACA’s pre-existing condition and age clauses had immediate impact on people with diabetes

The rise from 2014 to 2016 in the percentage of people with private health insurance coverage who had diabetes was sharpest among people in their 50s.

UConn Health, UW Medicine reveal major cyber incidents affecting more than 1 million patients

UConn Health incidents stemmed from illegal access to employee email accounts; UW Medicine detected a vulnerability on a website server that exposed protected internal files.

Seven big pharma executives are being asked to explain drug prices before Senate Finance Committee

On Tuesday morning, executives from seven pharmaceutical companies will face …