Category: Healthcare Finance News

Keeping up with the pace of technological change

ORLANDO – Keeping up with the pace of change of technology is a challenge for health systems, said digital information officers speaking during the Executive Summit at HIMSS24.
While the pace has changed, the financing for technology has lagged, accord…

Interoperability of behavioral health data a priority for 2024

ORLANDO – Behavioral health integration is an increasingly high priority for both the healthcare industry and the federal government, and with the focus on is expected to increase throughout the year, leaders at the Office of Policy of the National Coo…

Change expects to start testing and restoring service on March 18

UnitedHealth Group said it expects to begin testing and reestablish connectivity to its claims network and software on Monday, March 18, restoring service through that week. 
All major pharmacy claims and payment systems are back up and functioning, UH…

Feds launch $50M rural opioid treatment initiative

Through the U.S. Department of Health and Human Services’ Health Resources and Services Administration (HRSA), the Biden administration has earmarked nearly $50 million for HRSA’s Rural Opioid Treatment and Recovery Initiative.

Philips to showcase the Silent Patient Room at HIMSS24

Philips is partnering with high tech manufacturers for a Silent Patient Room, especially in the ICU, and will demonstrate the new technology at HIMSS24.
For an ICU to be silent, there has to be interoperable device integration and that’s not an easy th…

In fiery address, Biden announces plan to extend prescription drug program

In a fiery, campaign-style State of the Union Address last night, President Joe Biden proposed lowering prescription drug discounts beyond the Medicare program.
Biden wants to extend the current insulin cap of $35 a month for Medicare beneficiaries to …

Insurance coverage improves opioid use disorder treatment retention

At a rate of 72.3%, patients receiving opioid treatment through in-network insurance overwhelmingly stayed in treatment for at least 180 days in comparison to those who were either out-of-network or uninsured and paying for treatment with cash, a new s…

Spending bill gives physicians 1.68% pay increase but overall decrease remains

A House bill that passed on Wednesday importantly would lessen the cut to physician payment. 
A 3.34% physician payment reduction began January 1. The legislation  proposes a prospective increase of 1.68% to Medicare physician reimbursement effective M…

How generative AI can revolutionize clinician experiences

As CEO of health IT company Augmedix, Manny Krakaris knows how much AI can benefit clinicians. He also knows its current limitations.
“AI’s been overhyped,” Krakaris said of recent buzz around generative AI. “Technology can do the heavy lifting but it …

St. Luke’s completes affiliation with Aspirus Health

St. Luke’s, based in Duluth, Minnesota, has officially completed its affiliation with Wausau, Wisconsin-based Aspirus Health. 
The expanded health system now operates 19 hospitals and 130 outpatient locations with nearly 14,000 team members, including …