It’s the first time that CMS has formally outlined how states should calculate budget neutrality for demonstration projects in order to strengthen fiscal accountability.
Category: Healthcare Finance News
Healthcare mergers and acquisitions result in modest supply chain savings, report shows
Hospitals, on average, save about 1.5 percent per year on common expenses in the supply chain, far lower than most pre-merger estimates.
Amazon hires renowned Massachusetts General cardiologist Maulik Majmudar, MD
Majmudar’s role within the company has yet to be announced, but he arrives from the Healthcare Transformation Lab.
Andy Slavitt and AVIA to lead new Medicaid Transformation Project
The organization aligned 17 health systems to work toward decreasing Medicaid costs and improving care.
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.
