Category: Healthcare Finance News

Senate HELP Committee votes to hold Steward CEO in contempt

In an unanimous bipartisan vote on Thursday, the Senate Committee on Health, Education, Labor and Pensions held Steward Health CEO Dr. Ralph de la Torres in civil and criminal contempt for his failure to comply with a subpoena to appear before the comm…

Feds grant $100 million to grow healthcare workforce

The Health Resources and Services Administration, an agency of the Department of Health and Human Services, has announced nearly $100 million in awards to grow the national healthcare workforce and improve access in high-need areas.

Interoperability in healthcare moving forward despite challenges

Interoperability has been a longstanding goal for healthcare: The promise of being able to exchange data seamlessly between health information networks has been a goal the industry has been working toward for years, and now payers and healthcare organi…

HRSA warns Johnson & Johnson of consequences of 340B rebates

The Health Resources & Services Administration has sent a letter to Johnson & Johnson warning the company of the consequences if it proceeds with its planned 340B rebate proposal.

Express Scripts sues Federal Trade Commission over PBM report

Express Scripts by Evernorth, a Cigna company, is suing the Federal Trade Commission, demanding that it retract a July report on the pharmacy benefit manager industry.

Cigna launching E-Treatment virtual care through MDLIVE

Cigna Healthcare, the health benefits division of The Cigna Group, has launched an E-Treatment option through MDLIVE by Evernorth
Beginning this month, Cigna members can connect for urgent care from board-certified doctors without any direct interactio…

CHS to acquire 10 urgent care centers in Arizona

Community Health Systems’ subsidiary Northwest Urgent Care will acquire 10 Arizona urgent care centers from Carbon Health.
Northwest Urgent Care in Tucson, Arizona, is part of Northwest Healthcare’s integrated healthcare network serving Tucson and surr…

Insurers will make $11.8 billion in Medicare quality bonus payments this year

After increasing by more than 400% between 2015 and 2023, federal spending on Medicare Advantage bonus payments will decline by $1 billion to $11.8 billion in 2024 – an 8% decline – following the expiration of pandemic-era policies that temporarily inc…

Steward CEO faces criminal contempt resolution by Senate committee

The Senate Help, Education, Labor & Pensions Committee is scheduled to meet in an executive session on Thursday at 10 a.m., on a Contempt Resolution against Steward Health CEO Dr. Ralph de la Torre.

Telehealth utilization increased nationally in June

In June, telehealth utilization increased nationally and in the West, Northeast and South, but decreased in the Midwest, according to FAIR Health’s Monthly Telehealth Regional Tracker.