Category: Healthcare Finance News

CMS notifies close to 1 million individuals of cyber breach

The Centers for Medicare and Medicaid Services and Wisconsin Physicians Service Insurance Corporation are mailing written notifications to 946,801 people whose protected health information or other personally identifiable information may have been comp…

Risant Health to invest $1 billion in Cone Health

Risant Health will make available a minimum of $1 billion in capital to Cone Health over the next five years to support investments in facilities, health equity and other capital projects, according to a financial filing by Kaiser Permanente.

Risant Health to invest $1 billion in Cone Health

Risant Health will make available a minimum of $1 billion in capital to Cone Health over the next five years to support investments in facilities, health equity and other capital projects, according to a financial filing by Kaiser Permanente.

Mayo Clinic launching AI education program

Minnesota-based Mayo Clinic is launching a new artificial intelligence education program using $10 million in funds from the Harper Family Foundation.
The Mayo Clinic Harper Family Foundation Artificial Intelligence Education in Medicine Program will t…

Former HHS leader joins Stanford Health Care as chief health equity officer

Stanford Health Care, based out of Palo Alto, California, has tapped Health and Human Services official Dr. Nazleen Bharmal to serve as its first chief health equity officer.
Bharmal, who begins her new role effective this month, will also join the Dep…

Prescription drug spending grew even after rebates

Speaking to a lack of transparency in pharmaceutical pricing, a new Health Affairs study has found that, over time, out-of-pocket drug prices for consumers have grown more quickly than those encountered by insurers.

Steward CEO refuses to testify before Senate committee

Steward Health Care CEO Dr. Ralph de la Torre is refusing to appear before a Senate Committee next week, despite being issued a subpoena to answer questions about the health system’s bankruptcy.
The Senate Committee on Health, Education, Labor and Pens…

UnitedHealthcare, HCA Healthcare resolve contract dispute

After months of negotiations, a contract dispute between UnitedHealthcare and HCA Healthcare has been resolved, with the two parties coming to an agreement hours before a September 1 deadline that would have interrupted network coverage in Texas, New H…

Dana-Farber CEO and president to step down

Dana-Farber Cancer Institute President and CEO Dr. Laurie H. Glimcher has announced she will step down on October 1 and assume the title of President Emerita. 
Dr. Benjamin Levine Ebert, chair of the Department of Medical Oncology, will serve as the ne…

St. Peter’s Health paying $10.8 million over alleged false claims

St. Peter’s Health, based out of Helena, Montana, will pay about $10.8 million to resolve False Claims Act allegations that it fraudulently submitted claims to federal healthcare programs for services performed by an oncology doctor.