Category: Healthcare Finance News

Academic Medical Centers are trailing their non-AMC counterparts in cost and quality, Navigant report says

AMCs show higher cost per case statistics and were hit with more penalties from value-based programs, survey says.

Tenet reports increased earnings but delay in sale of Conifer

As a result of divestiture activity at Tenet and other customers, Conifer’s revenue decreased 3.5 percent in Q2 2018 compared to last year.

NHS launches healthcare finance innovation initiative

Chelsea and Westminster Hospital.
Chelsea and Westminster Hospital NHS Foundation Trust’s charity CW+ is looking for startups or established companies with back office tech to either develop or tune for healthcare.

CMS is allowing Medicare Advantage plans to cross negotiate Part B and D drug prices

Starting in 2019, insurers may use step therapy to choose the least expensive drug first before moving on to another prescription.

Amidst mega-merger proceedings, Lahey Health CEO announces September retirement

Howard Grant joined the system in 2010 and led it through at least two affiliations that broadened its reach and morphed it into present day Lahey Health.

Humana files suit against 37 drug makers accusing them of price fixing

The conspiracy involving secret meetings resulted in higher prices for insurers, the government and consumers, the lawsuit claims.

Why advanced clinicians are an increasingly valuable commodity, and how to attract them

Signing bonuses continue to rise in popularity as a recruiting tool, and are most prevalent among younger clinicians, survey says.

Henry Ford signs direct employer insurance plan contract with General Motors

The agreement will drive down costs through the monitoring of chronic conditions, preventative screenings, a connected EHR and virtual visit options.

CMS Administrator Seema Verma calls for an end to physician fax machines by 2020

CMS is also seeking Blue Button 2.0 app developers, Verma says at second interoperability forum hosted by the Office of the National Coordinator for Health IT in Washington, D.C.

Detroit hospital hit with $84.5 million false claims suits

The lawsuits allege Beaumont provided compensation "substantially in excess of fair market value" and in violation of Stark Law, the Department of Justice said.