Category: Healthcare Finance News

Beth Israel Deaconess, Lahey Health say merger will save up to $270 million a year, contradicting state report

Estimates from the two health systems counter those from the Massachusetts Health Policy Commission, which said the merger would increase annual spending.

AHIP supports requirement for drug companies to put prices in consumer ads

The amendment would give funding to the Department of Health and Human Services to require drug pricing in direct-to-consumer advertising.

Physical violence more common in healthcare facilities than hacking and cyber attacks, survey shows

Almost a quarter of healthcare security directors at hospitals think their facilities are unprepared for incidents involving a shooter.

Drug companies rein in prices in response to President Trump’s pharma pricing blueprint, HHS report says

The pharma industry is skating to where they know the puck is going on drug price transformation, HHS Secretary Alex Azar says.

Healthcare executives anticipate predictive analytics will save 15 percent or more

Providers were more likely to anticipate savings than were payers, with 75 percent of provider execs foreseeing that kind of return, compared to 44 percent of payers.

Anthem, Walmart, announce Medicare Advantage over-the-counter drug joint program

Eligible consumers will be able to use their over-the-counter allowance on medications and health-related items such as first- aid supplies, support braces, and pain relievers.

Medicare Advantage plans can implement non-medical benefits around chronic care in 2020

Bipartisan Policy Center recommends CMS give MA plans flexibility in targeting supplemental benefits to members with chronic care conditions.

Here’s what Walmart says about non-traditional companies moving into healthcare

David Hoke
David Hoke, who focuses on healthcare for the retail giant, said he’s never seen anyone code empathy and for that reason warns developers against being seduced by AI.

Factors that may explain the increase in physician burnout in healthcare

Electronic health records play a big part and the problem is especially prevalent in emergency medicine, family medicine, internal medicine and pediatrics.

CMS to dole out $8.6 million in funding to states to help stabilize health insurance markets

Funding is part of $250 million provided by the ACA for state rate review grants meant to improve the process for how states review proposed health insurance rates.