Category: Healthcare Finance News

Prior authorization leads to serious adverse events for patients, AMA survey says

The prior authorization process continues to have a “devastating” effect on patient outcomes, physician burnout and employee productivity, according to a new physician survey from the American Medical Association.

Novant Health drops $320 million deal to buy two CHS hospitals

Novant Health has dropped its bid to buy two Community Health System hospitals for $320 million, citing opposition from the Federal Trade Commission.

FDA says updated COVID-19 shots should target KP.2 strain

The federal Food and Drug Administration is advising vaccine manufacturers to ensure new vaccines for 2024 and 2025 are targeting the KP.2 variant of COVID-19.
The agency’s Vaccines and Related Biological Products Advisory Committee (VRBPAC) voted unan…

CalOptima invests $526.2 million to raise reimbursement rates for Medicaid providers

The CalOptima Health Board of Directors has approved an investment of $526.2 million to increase rates paid to hospitals, physicians, community clinics, behavioral health providers and ancillary services providers in Orange County, California. 
This re…

FEMA issues extreme heat health advisory

Extreme heat throughout much of the United States is pushing temperatures into the triple digits in areas that rarely see these high temperatures this early in the year.

Medicare patients now eligible for Amazon RxPass

Amazon Pharmacy is expanding the prescription drug subscription program RxPass to Prime members who have health coverage through Medicare.
RxPass enables affordable access to common medications, free monthly delivery and the ability to connect with a p…

Uninsured rate to rise to 8.9% by 2034, CBO finds

The percentage of Americans who lack health insurance, which currently hovers around 7.2%, is projected to rise steadily through the years, hitting 8.9% by 2034, according to the latest data presented by the Congressional Budget Office.

Surescripts is being considered as a hub for data exchange under QHIN

Surescripts subsidiary Surescripts Health Information Network is seeking designation as a Qualified Health Information Network under the Trusted Exchange Framework and Common Agreement (TEFCA), according to the company’s director of product marketing T…

CMS ending accelerated and advance payments issued after Change cyberattack 

The Centers for Medicare and Medicaid Services is ending accelerated payments to providers and suppliers that were affected by the Change Healthcare cyberattack.
CMS has announced that payments under the Accelerated and Advance Payment Program for the …

CalPERS enters into contracts with Blue Shield of California, Included Health

The California Public Employees’ Retirement System (CalPERS) will be awarding two new contracts designed to lower healthcare costs. The contracts – with Blue Shield of California and Included Health – create financial incentives to provide higher quali…