Category: Healthcare Finance News

Patient, physician trust gap with AI persists

While most patients welcome the use of artificial intelligence for administrative tasks, such as making appointments or checking in, their comfort with AI drops – and the gap with healthcare professionals grows – when its use shifts into clinical areas…

Value-based care expected to see revenue increases this year, survey finds

Sixty-four percent of healthcare organizations say they expect higher revenue this year from value-based care arrangements as compared to last year, finds a new report from Innovacer and the National Association of Accountable ACOs.

Court rejects drugmakers replacing 340B upfront payments with rebates

A federal court has rejected a lawsuit by several drugmakers that sought to change the 340B Drug Pricing Program from an upfront payment model to a backend rebate structure.

Oracle, Cleveland Clinic, G42 collaborate on AI platform

Oracle Health, Cleveland Clinic and G42 have teamed up to develop an artificial intelligence-based healthcare delivery platform that seeks to improve care and public health management.

AdventHealth investing $1 billion into its Orlando campus

AdventHealth is putting more than $1 billion into its Orlando campus, with the funds earmarked for construction of a new 14-story patient tower as well as expanded services.

HIMSSCast: Scaling integration for pediatric care

Danish Qureshi created his third startup, Zarminali Pediatrics, using $40 million in seed funding led by General Catalyst.
But the CEO had more personal reasons for creating the Chicago-based pediatrics company that has since expanded to four states wi…

RFK Jr. faces criticism, protest over $715B in Medicaid cuts

Robert F. Kennedy Jr. faced pushback on the Health and Human Services budget during two congressional hearings on Wednesday and protest during one that reportedly resulted in the arrest of Ben and Jerry’s cofounder Ben Cohen.

Bills seek to tighten oversight of private equity hospital deals

Two Pennsylvania Democratic lawmakers, State Senator Tim Kearney, D-Pa, and State Representative Lisa Borowski D-Pa, have reintroduced companion bills to strengthen oversight of healthcare mergers and acquisitions in Pennsylvania.

UnitedHealth Group reportedly under investigation for criminal Medicare Advantage fraud

UnitedHealth Group is under investigation by the U.S. Department of Justice for alleged criminal healthcare fraud, according to The Wall Street Journal, citing anonymous sources familiar with the investigation.

$715B Medicaid cut passes House committee in reconciliation bill

The House Committee on Energy and Commerce on Wednesday passed the budget reconciliation text by a vote of 30 to 24.
The committee approved the bill following a marathon 26-hour markup. The resolution will now go to the full House.
The House Budget Com…