Category: Healthcare Finance News

Tenet Healthcare completes sale of six California hospitals

Dallas-based Tenet Healthcare Corporation has completed the sale of six hospitals in California, the organization said this week.

ONC releases Health IT Strategic Plan

A new draft 2024–2030 Federal Health IT Strategic Plan has been released by the Department of Health and Human Services through the Office of the National Coordinator for Health Information Technology (ONC), which outlines federal health IT goals that …

HIMSSCast: Direct contracting streamlines prior authorization

Jaja Okigwe is CEO of First Choice Health, headquartered in Seattle. The company is a benefits administration business that has one of the largest direct-contracted networks in the Upper West with nearly 1 million members in its network. 
It’s a provid…

Inpatient psychiatric facilities get proposed 2.7% increase

The Centers for Medicare and Medicaid Services has issued a proposed rule to update Medicare payment policies and rates for the Inpatient Psychiatric Facilities Prospective Payment System (IPF PPS) for fiscal year 2025, with CMS proposing to update the…

Proposed rule gives skilled nursing facilities a 4.1% increase 

Skilled nursing facilities get a 4.1% payment increase for 2025, according to a proposed rule released by the Centers for Medicare and Medicaid Services under the Skilled Nursing Facility

Of $236B in ‘improper payments,’ $100B was from Medicare, Medicaid

The federal government reported an estimated $236 billion in “improper payments” during fiscal year 2023, and of that amount, more than $100 billion came from Medicare and Medicaid, according to the U.S. Government Accountability Office.
Such payments …

Inpatient rehab facilities get a 2.8% proposed increase for 2025

Inpatient rehabilitation facilities get a payment rate increase of 2.8% for 2025 in a proposed rule released late Wednesday.
The amount is  based on a proposed market basket update of 3.2%, less a proposed 0.4% point productivity adjustment.

HHS overturns Trump’s extended short-term plan coverage

The Department of Health and Human Services, joined by other departments, are cracking down on what they call junk insurance plans, in a final rule released today.

Kaiser Permanente, Town Hall Ventures launch Habitat Health

Kaiser Permanente and Town Hall Ventures are launching an organization called Habitat Health, which is designed to help older adults overcome the challenges of aging at home.
Operating as a Program of All-Inclusive Care for the Elderly, Habitat Health …

Nonprofit hospitals’ charity care falling behind tax breaks, report shows

About 80% of all nonprofit hospitals’ charity care falls behind tax breaks, according to a new Lown Institute report – and some are short by hundreds of millions of dollars.
Of the 2,425 nonprofit hospitals that were evaluated, 80% spent less on financ…