Category: Healthcare Finance News

Bill setting minimum nurse-to-patient ratios reintroduced

U.S. Senator Sherrod Brown (D-Oh) and Representative Jan Schakowsky (D-Il.), co-chair of the House Democratic Caucus Task Force on Aging and Families, have reintroduced a bill that would create minimum nurse-to-patient staffing ratios across the nation…

Northwell Health awards $1.3 million for employee-led healthcare innovations

Three employee-led projects at Northwell Health, one of New York’s largest health systems, have been awarded a total of $1.3 million as part of the system’s 2025 Innovation Challenge, with the funding going to support scientific advancement in healthcare.

CMS closing loophole it says states exploit to benefit illegal immigrants

The Centers for Medicare and Medicaid Services has issued a proposed rule to close a Medicaid tax loophole it said is exploited by some states to benefit illegal immigrants.
States inflate the federal payments and use the money to free up funds for non…

Michael Dowling stepping down as president and CEO of Northwell Health after 23 years

After leading Northwell Health for close to a quarter of a century, Michael Dowling is stepping down as president and CEO, effective October 1.
Dowling will transition to the role of CEO emeritus of New York’s largest nonprofit health system.

UnitedHealth Group CEO steps down, Hemsley appointed

UnitedHealth Group will be suspending its 2025 outlook and said CEO Andrew Witty will be stepping down from the company’s top post, citing personal reasons.

Trump order aims to lower drug prices with most favored nation policy

President Donald Trump signed an executive order Monday that would effectively link drug prices in the U.S.to the cost of drugs abroad, and tasks Department of Health and Human Services Secretary Robert F. Kennedy Jr. to negotiate new prices for the dr…

Hospital groups say Medicaid cuts threaten financial stability

Hospital groups say the GOP budget resolution would cut Medicaid coverage to millions and further hurt struggling providers.
The budget resolution released late Sunday includes at least $715 billion in cuts to Medicaid, a federal program that shares co…

Bill would expand access to digital therapeutics

Sens. Shelley Moore Capito (R-W.Va) and Jeanne Shaheen (D-N.H.) have reintroduced a bill that would expand access to software-based treatments and create a reimbursement pathway for software that treats medical conditions.

WebMD CMO Dr. John Whyte selected as new CEO of the AMA

WebMD CMO Dr. John Whyte has been chosen to lead the American Medical Association as executive vice president and CEO. 
Whyte replaces Dr. James L. Madara, whose 14-year tenure as CEO and executive VP ends June 30. Whyte’s tenure begins July 1.
Whyte u…

UCHealth to serve as Olympic medical center

UCHealth in Aurora, Colorado is extending a partnership with the U.S. Olympic and Paralympic Committee, serving as a national medical center for athletes who live and train in Colorado Springs.