Category: Healthcare Finance News

CFOs confront funding challenges in long-term capital needs

Pressure is mounting for chief financial officers to meet cash flow targets in the coming years, according to a Knowtion Health’s “Race for Cash: Pivoting Your Denials Strategy for a New Era” report.

White House to award $45.1 million for expanded mental health

In an election-year push to expand mental health and substance use services, the U.S. Department of Health and Human Services, through the Substance Abuse and Mental Health Services Administration (SAMHSA), announced grant awards totaling $45.1 million…

HHS overhauling its tech, cybersecurity and AI functions

The U.S. Department of Health and Human Services has kicked off a reorganization meant to streamline and bolster technology, cybersecurity, data and artificial intelligence strategy and policy functions.

Humana’s CenterWell opening 23 primary care clinics in Walmart collaboration

CenterWell, insurer Humana’s healthcare services business, has plans to lease clinical space and open senior-focused primary care centers at 23 Walmart Supercenter retail stores in Florida, Georgia, Missouri and Texas, the company said this week.

UC Davis kicks off $3.74 billion expansion with new patient tower

Sacramento, California-based UC Davis Medical Center held a groundbreaking ceremony recently to kick off a $3.74 billion expansion that includes the 14-story California Tower, as well as a new five-story pavilion.
Hospital officials said the tower and …

Pair of bills seek to curb nursing shortage

Lawmakers in the U.S. House of Representatives have introduced a pair of bills both aimed at curbing the nursing shortage that many nurses across the country say is getting worse.

HCA Healthcare reaches $17.5 billion in revenue in Q2

Nashville, Tennessee-based HCA Healthcare brought in close to $1.46 billion in income and generated $17.5 billion in revenue during the second quarter of 2024 – both improvements over its Q2 2023 performance, during which net income was $1.19 billion a…

39 healthcare providers sue UnitedHealth Group over Change cyberattack

Thirty-nine healthcare providers, along with the National Community Pharmacists Association, have filed a class action lawsuit against UnitedHealth Group – plus subsidiaries Optum and Change Healthcare – over the Change Healthcare cyberattack that occu…

Cigna targeting disparities with health equity impact fund

Cigna’s philanthropic arm, the Cigna Group Foundation, is attempting to address health disparities through the Cigna Group Health Equity Impact Fund, through which the insurer will spend $9 million over the next three years to address inequities within…

CMS restricts broker access to Healthcare.gov

In response to a wave of consumer complaints, the Centers for Medicare and Medicaid Services has put in place rigid restrictions meant to prevent insurance brokers from switching consumers’ Affordable Care Act plans without their permission.
Starting l…