Category: Healthcare Finance News

Medicare Part D premiums on two year decline with projected drop in 2019, CMS says

Announcement comes less than two months after a scathing report from the Office of the Inspector General showing skyrocketing Medicare Part D drug spending.

Poor communication between doctors and nurses can lead to costly mistakes

One barrier to good communication is that the hospital hierarchy puts nurses at a power disadvantage, and many are afraid to speak the truth to doctors.

Former MetroHealth COO, interim CEO convicted in elaborate maze of kickback, fraud schemes

Former COO/CEO Edward R. Hills as well as MetroHealth dentists were convicted for running bribery and kickback schemes that even involved dental residents, DOJ says.

New methods of assessing drug benefits can help cut healthcare costs

There may be multiple drugs on the market that have already been shown to be better than the standard, and drugs may even be approved without any comparisons.

Northwell Health eyes $12 million in savings through new in-house pharmacy service for employees

Express Scripts is being replaced by in-house pharmacy service; Boost in volume to be mitigated through new fulfillment center and pharmacy robots.

Emergency room errors caused largely by faulty cognitive processes, study finds

Doctors may have the right information, but may not act on it in the best way.

Hospitals are lacking in safety practice adoption that saves lives of birthing mothers, investigation finds

Despite expert guidance on tracking blood loss and high blood pressure, hospitals are lagging behind in adopting life-saving practices, report says.

Reinsurance in Wisconsin expected to stabilize individual market

Under the Wisconsin Health Care Stability Plan, the state pays for 50 percent of the cost of claims between $50,000 and $250,000.

Pennsylvania hospitals showing big financial surpluses, especially in Lancaster County

The reason remains a mystery as statewide, average hospital margins have trended in the 4 to 6 percent range.

Northwell starts food insecurity program to address social determinants of health

Hospital giving certain patients a nutrition consultation, two-day supply of fresh produce and a prescription for two refills.