Category: Healthcare Finance News

Hospitals are turning to telehealth to manage scarce physician resources

The healthcare industry is on the cusp of significant change in telehealth as both Congress and CMS have come around to virtual health’s power to decrease costs.

Intermountain Healthcare-led generic drug venture CivicaRx garners new members including NYU Langone, Memorial Hermann, Oschner

Including the original founding members, Civica Rx now represents nearly 750 participating hospitals, the company says.

Hospitals posting prices online is first step, CMS Administrator Seema Verma says

CMS wants to make the rule actionable so that consumers and physicians consider price, creating comparison shopping that creates provider competition.

Mergers and acquisitions continue to grow, reshaping the healthcare landscape, says Kaufman Hall

There has also been growth in mergers across state borders, as health systems from different geographies come together to form regional health systems.

As hospitals post sticker prices online, most patients will remain befuddled

As of Jan. 1, in the name of transparency, the Trump administration required that all hospitals post their list prices online.

How to make bundled payments work? Start by engaging patients

Froedtert Health saved $1.5 million in CMS’s joint replacement model by involving patients in bite-sized activities on a daily basis.

Majority supports allowing small businesses to offer cost-saving, ‘large company’ health plans

Large company health insurance is typically less expensive than small group and individually purchased health plans.

Blue Cross Blue Shield of Massachusetts adds digital health solutions

The digital offerings focus on chronic back and joint pain and cancer care.

Healthcare executives forecast big growth in 2019 and not just from M&A

Growing other lines of business will also fuel growth for healthcare organizations but execs fear new reimbursement rules and regs and see challenges in recruitment.

Medical marketing skyrockets over past two decades, but oversight remains limited

The most rapid increase was in direct-to-consumer advertising, which increased from $2.1 billion in 1997 to $9.6 billion in 2016.