The model has resulted in just over a 3 percent reduction in costs, and analysts forecast this will increase as the model matures.
Category: Healthcare Finance News
ACA enrollment down by 3 percent, but numbers show steady signups in a good economy, CMS says
When open enrollment began November 1, there were more than 2 million jobs added to the economy compared to 2017.
Advocate Aurora Health pledges system will operate on 100% renewable energy by 2030
Advocate Aurora Health aiming for cut of 392,657 metric tons to annual carbon emissions, equal to removing over 84,000 passenger cars from the road each year, system says.
CHS finalizes sale of two South Carolina hospitals in ongoing efforts to address debt
The goal is to reduce the company’s debt, and while it still owns four hospitals in South Carolina, that’s expected to change soon.
Cerner and CoverMyMeds integrate prescription prices and a patient’s ability to pay within EHR
The CoverMyMeds’ RxBenefit Clarity solution leverages information from pharmacy network and payers on patient pay and benefits.
Hurricane Michael-ravaged Bay Medical Sacred Heart announces merger, layoffs as it reopens inpatient services
Ascension plans to acquire the facility early next year; meanwhile 635 employees will be laid off come February.
Healthcare groups urge Congress to protect patients from surprise billing
The AHA and FAH said they believe a policy solution to resolve such surprise bills should prohibit balance billing and limit patients’ cost-sharing.
Advocate Aurora Health uses predictive analytics to overhaul care management program
The health system’s predictive modeling platform uses 30 to 40 sources of claims data married to EHR data to reduce hospitalizations, ER visits, and lengths of stay.
Tenet and Cigna reach multi-year contract agreement
Negotiations have been ongoing for close to a year over payment rates.
Cleveland Clinic fires doctor who posted anti-semitic comments, threats on social media
Cleveland Clinic confirmed Dr. Laura Kollab no longer works there and stressed that no reports of patient harm have arisen in connection with her work.
