After adopting a unique labor and delivery initiative in the fall of 2022, Cleveland Clinic is expanding its TeamBirth model to three additional hospitals, citing higher patient satisfaction and a reduction in Cesarean section rates.
Category: Healthcare Finance News
HFMA: The top issues facing CFOs
LAS VEGAS – Value-based care and reimbursement challenges, higher costs and especially margin improvement were on the minds of CFOs who spoke about their top concerns during a panel discussion at the HFMA Annual Conference.
Optum drops out of Steward deal
Optum is no longer pursuing a deal to buy the Steward Health Care physician group, according to the Massachusetts Health Policy Commission.
Optum has informed the Health Policy Commission that it is no longer working to finalize an agreement with Stewa…
Walgreens to shutter up to 25% of retail stores nationwide
Walgreens plans to shutter up to 25% of its retail stores that are unprofitable, CEO Tim Wentworth said June 27 during the business’s Q3 earnings call.
Walgreens stores drive $27 billion of retail sales, Wentworth said.
Dialysis providers get a 2.2% payment boost
The Centers for Medicare and Medicaid Services is giving renal dialysis services a 2.2% pay increase for 2025 in a proposed rule under the End-Stage Renal Disease Prospective Payment System.
The challenges facing children’s and rural hospitals
LAS VEGAS – Children’s and rural hospitals have the same challenges as any other health system and face issues specific to them.
RCM accelerates cash and secures financial health
Financial pressures are forcing healthcare leaders to evaluate their revenue cycle management and how digital transformation can help.
Arkansas sues Optum, Express Scripts and others over opioid epidemic
The state of Arkansas is suing Optum, OptumRx and parent company UnitedHealth Group, Cigna’s Evernorth and its pharmacy benefit manager Express Scripts, and others over the opioid epidemic.
The complaint was filed June 24 in the Circuit Court of Pulask…
HHS announces cost savings for 64 prescription drugs
The Department of Health and Human Services through the Centers for Medicare and Medicaid Services has announced that some Medicare enrollees will pay less for 64 drugs available through Medicare Part B.
Lawmakers ask CMS for greater oversight of MA coverage decisions
A bipartisan group of lawmakers is asking the Centers for Medicare and Medicaid Services Administrator Chiquita Brooks-LaSure for greater oversight of Medicare Advantage coverage decisions.
