Category: Healthcare Finance News

Cleveland Clinic launches AI program

In a new initiative that blends quantum computing technologies and artificial intelligence with clinical applications, Cleveland Clinic and the Novo Nordisk Foundation have launched the Cleveland Clinic – Denmark: Quantum-AI Biomedical Frontiers Fellow…

CVS Health launches initiative to track extreme heat

CVS Health is spearheading an environmental health impact initiative meant to help people who are the most vulnerable to extreme weather events such as prolonged stretches of intense heat, which can worsen existing chronic conditions.

Cigna CEO David Cordani: ‘Biosimilars represent a force of change and opportunity for continued growth’

Cigna’s profits increased to $1.9 billion during the second quarter, compared to $1.8 billion during the same quarter in 2023, according to the company’s earnings report released August 1.
The growing specialty pharmacy business is one reason for the i…

Mayo Clinic teams on AI with 3D imaging outfit

Minnesota-based Mayo Clinic is joining forces with 3D imaging startup JelloX Biotech on artificial intelligence-powered imaging analysis technology.
JelloX previously participated in the fifth cohort of the Mayo Clinic and Arizona State University Alli…

Hospitals get 2.9% payment increase in final rule

The Centers for Medicare and Medicaid Services is increasing payment to inpatient hospitals by 2.9%, a rate the American Hospital Association said is unsustainable.

One in five physicians experienced PTSD during the COVID-19 pandemic

Physicians experienced post-traumatic stress disorder at a rate three times higher than the general population during the COVID-19 public health emergency, with one in five exhibiting PTSD symptoms over the course of the pandemic, according to a JAMA N…

Inpatient rehab facilities get 3% payment increase

In a new rule this week, the Centers for Medicare and Medicaid Services finalized an update to Medicare payment policies and rates under the Inpatient Rehabilitation Facility (IRF) Prospective Payment System (PPS) and the IRF Quality Reporting Program …

Hospice 2.9% increase ‘falls short’

A 2.9% payment increase for hospice providers “falls short,” according to Katie Smith Sloan, president and CEO of LeadingAge, an association of nonprofit providers of aging services.
Sloan was responding to the Centers for Medicare and Medicaid Service…

Hospital star ratings lower as data includes COVID-19 fallout

Fewer hospitals earned 5 stars and more received the lowest ranking of 1 star in the Overall Hospital Quality Star Ratings for 2024 released by the Centers for Medicare and Medicaid Services.

CMS updates SNF payments in new rule

The Centers for Medicare and Medicaid Services has issued a final rule updating Medicare payment policies and rates for skilled nursing facilities under the Skilled Nursing Facility Prospective Payment System for fiscal year 2025, resulting in a net in…