The overall health of the population, more advanced medical equipment and a general lack of awareness regarding the best types of treatment can all affect costs.
Category: Healthcare Finance News
Wage gap between hospital executives and doctors is widening, study shows
Average compensation for CEOs at 22 major medical centers increased by 93 percent, while orthopaedic surgeons saw only a 26 percent increase.
Apple is developing custom health information tracking chips
The custom sensor would measure information from the body beyond heart rate, report says.
Alphabet’s $375 million investment in Oscar Health will expand insurer into Medicare Advantage
Oscar says it uses technology to lower cost: More than 60 percent of member interactions with health systems are virtual.
Racial, ethnic minorities have lower rates of Medicare preventive care visits
Lower use of the Medicare annual wellness visit by non-white patients is partially explained by income and education.
Montefiore Health scores $1.2 billion financing deal that will add $600 million to flagship hospital’s balance sheet
The financing package is a hybrid of taxable and nontaxable bonds that will, among other things, reimburse the system for more than $350 million in capital projects.
UnitedHealthcare is evaluating options after losing lawsuit over risk adjustment payments
UnitedHealthcare and Oxford Health Insurance contended the payments to New York were an unconstitutional taking of their property.
DOJ, HHS continue war on Medicare fraud with formation of new regional fraud strike force
Prosecutors for the 10 regional strike forces currently in operation have charged over 3,700 defendants in connection to more than $14 billion in false billings, DOJ says.
Mayo Clinic comes out on top as U.S. News and World Report unveils 2018-19 Best Hospitals
More than 1,100 hospitals were rated high performing in at least one common procedure or condition.
Moody’s: CMS proposed changes to Medicare’s outpatient prospective payment system could hurt hospitals
Site-neutral clinic payments, 340B drug program policy, adding procedures to covered list for ambulatory surgery centers, all hit hospital margins.
