Category: Healthcare Finance News

Mental health inequities resulting in billions in expenses, Deloitte finds

Mental health inequities may not only harm individuals but also hinder economic prosperity.
A new Deloitte analysis projects mental health inequities could total about $478 billion in avoidable costs throughout the rest of this year.

Over 100 medical organizations want clarity in Change cyberattack

The American Medical Association and more than 100 other medical organizations are asking for official affirmation that providers are not responsible for HIPAA reporting requirements due to the Change Healthcare cyberattack.

Cleveland Clinic to pay $7.6 million after False Claims Act allegation

The Cleveland Clinic is paying $7.6 million to resolve allegations that it violated the False Claims Act by submitting federal grant applications and progress reports to the National Institutes of Health that failed to disclose information about a key …

Quantum Health makes push to streamline pharmacy navigation

Healthcare navigation and care coordination company Quantum Health has expanded its specialty pharmacy services with a new Premier Pharmacy navigation offering aimed at employers.
Premier Pharmacy leverages the expertise of an in-house clinical pharmac…

Optum announces plant closing and layoffs

Optum is closing a plant in Ohio, laying off 129 employees, according to a May 16 letter from Optum to the Rapid Response Program Administrator in that state.
Optum gave the mandated WARN notice, the federal Worker Adjustment and Retraining Notificatio…

Mayo Clinic, Mercy partner to de-identify clinical data

Minnesota-based Mayo Clinic and St. Louis-based Mercy have formed a partnership in which the two organizations will de-identify patient data as they search for new ways to diagnose, treat and prevent disease.

HIMSSCast: Biden’s executive order on AI is just the beginning

President Biden’s Executive Order on AI released last fall is one of the broadest steps ever taken on AI safety and security, said Jennifer Walsh, director of Public Affairs at Foley & Lardner. It has national security implications as well as patient a…

Children’s Health and UT Southwestern receive $100 million for pediatric campus

Children’s Health and UT Southwestern Medical Center have announced a gift of $100 million from the Jean and Mack Pogue family in support of the new $5 billion Dallas pediatric campus that was unveiled earlier this year.
The gift from the Pogue Foundat…

Ascension faces class action lawsuits for Black Basta ransomware attack

Ascension is facing two class action lawsuits for the May 8 ransomware attack that reportedly continues to disrupt operations due to disconnection from the Epic EHR and is causing long ER wait times for some of the health system’s 140 hospitals.

Lawmakers push for payment reform for primary care

U.S. Senators Sheldon Whitehouse (D-RI) and Dr. Bill Cassidy (R-LA) have introduced legislation, the Pay PCPs Act, to better support and improve pay for high-quality primary care providers by reforming how they get paid through Medicare.
The lawmakers …