Category: Healthcare Finance News

New York City nurses threaten strike over staffing, working conditions at Montefiore, Mount Sinai, New York Presbyterian

The strike, if it happens would affect more than 10,000 nurses and would likely prove costly for the systems involved.

Amazon health venture Haven hires Dr. Sandhya Rao from Partners as VP of Clinical Strategy

CEO Atul Gawande has hired an expert in population health and risk-based contracts to help lead clinical strategy.

Efficient hospitals operate on -2% margins in Medicare payments, MedPAC reports

MedPAC recommends removing the $1 billion in financial penalties hospitals incur each year under two incentive programs.

New risk adjustment model may reduce financial penalty for safety net hospitals

The new model could reduce the burden for at least half of all safety net hospitals as they care for patients regardless of insurance status or ability to pay.

Hospital employees are clicking on phishing emails, and that’s a problem, JAMA study shows

More than 2.9 million simulated emails were sent to employees at six hospitals, and nearly one in seven were clicked on, the study said.

Drug that prevents lung problems in older preemies also lowers costs

Pairs who received betamethasone had average costs of $4,681, versus the $5,379 spent on the pairs who didn’t get the treatment.

Two major Blue insurers, Cambia, BCBS North Carolina, combine in strategic alliance

Former CMMI Director Patrick Conway to be CEO of both, in a non-merger to align investments and eliminate redundant costs.

Physicians for Fair Coverage proposes ban on surprise medical bills for out-of- network care, creation of reimbursement standards

Proposal creates a national protocol for alternative dispute resolution, which would prohibit surprise bills and establish reimbursement standards.

Interdisciplinary education helps hospital patients better understand their medications, could reduce readmissions

Readmissions dipped at a participating facility after implementing a new medication education program.

How the ‘A’ in ‘AI’ can stand for ‘Assistive,’ and what that means for providers and patients

As AI and machine learning become a bigger component of care delivery, maintaining the human touch will be vitally important.