Finances: Page 42
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DOJ to investigate UnitedHealth's $13B Change buy
"The parties have been working cooperatively with the DOJ and will continue to do so," Change Health said in a Friday filing with the SEC.
By Rebecca Pifer • March 29, 2021 -
Hospital margins hit hard by pandemic, but CARES Act provided huge relief, Moody's finds
Although the fiscal situation for the sector has improved, Moody's did not provide a long-term outlook for hospitals in 2021 and beyond.
By Ron Shinkman • March 26, 2021 -
Senate passes bill extending Medicare sequester cut pause
CMS instructed Medicare administrative contractors to hold all claims on or after April 1, when the pause on cuts is scheduled to end. The House is expected to take up the Senate-passed bill when it returns the week of April 13.
By Hailey Mensik • Updated March 31, 2021 -
Alex Wong via Getty Images
Hospitals flailed amid COVID-19 crisis, are unsure of future, OIG says
Executives said they were worried about their workers experiencing trauma and concerned a shrinking recruitment pool for nurses could exacerbate staffing shortages.
By Ron Shinkman • March 25, 2021 -
Permission granted by E.A. Crunden
As Medicare sequester cut extension deadline looms, AHA urges Senate to act
Without action, the 2% payment cuts to providers are slated to go back into effect April 1. The hospital lobby expects a vote this week.
By Hailey Mensik • March 24, 2021 -
Advocate Aurora bounced back to black in 2020 after rough first 6 months
The large Midwest health system was able to post both positive operating and net income even though patient visits dropped significantly year over year.
By Samantha Liss • March 24, 2021 -
Reality check: Amazon Care may not be that big of a deal
Currently, the effort is a more direct threat to employer-facing point solutions, instead of the more comprehensive offerings from entrenched vendors.
By Rebecca Pifer • March 23, 2021 -
E.A. Crunden/Healthcare Dive
House passes bill that would extend Medicare sequester cuts until December
The cuts will go back into effect March 31 and the bill now awaits action from the Senate. The hospital industry has been pushing hard for a delay.
By Hailey Mensik • March 19, 2021 -
Retrieved from C-SPAN on February 24, 2021
Becerra confirmed as HHS secretary
The 50-49 vote in the Senate was almost entirely along party lines. The only Republican to cross the aisle was Sen. Susan Collins of Maine.
By Shannon Muchmore • March 18, 2021 -
Adeline Kon/Healthcare Dive
Deep DiveAll eyes on elective care after a rollercoaster year for medtech
After shutdowns slammed procedure-dependent firms in 2020, industry and Wall Street are waiting to see when non-emergency surgeries fully return and what a comeback might look like.
By Ricky Zipp • March 18, 2021 -
Permission granted by Health Affairs
Q&AHealth Affairs' Alan Weil reflects on 1 year of COVID-19
The editor in chief of the respected industry journal spoke with Healthcare Dive about the role of equity in health research, the staying power of telemedicine and how to effectively communicate important public health messages.
By Shannon Muchmore • March 18, 2021 -
Adeline Kon/Healthcare Dive
Deep DiveIndependent primary care docs more financially stable, but fed up with vaccine exclusion
For the private practices that survived 2020, things have improved. But even as volumes recover, front-line physicians are still facing fresh challenges, including worries about downstream effects from delayed care.
By Rebecca Pifer • March 16, 2021 -
Courtesy of Doctor On Demand
Doctor on Demand, Grand Rounds merge to create multibillion-dollar digital health company
The tie-up, expected to close in the first half of this year, is an all-stock deal with no capital from outside investors.
By Rebecca Pifer • Updated March 17, 2021 -
Courtesy of Walmart
CMS hikes COVID-19 vaccine pay, broadens scope of providers to give jab
The AMA praised the boosted reimbursement, intended to speed up distribution of the three currently available shots.
By Shannon Muchmore • March 16, 2021 -
adeline kon/Healthcare Dive, data from Adeline Kon / Healthcare Dive
COVID-19: 1 year later
For the healthcare industry, much has changed, and some of those alterations may be permanent. Hope is beginning to bloom as three coronavirus vaccines have been authorized for emergency use in the U.S.
March 15, 2021 -
S&P says risk of hospital operator defaults plummet from last year's highs
Officials credit coronavirus relief legislation for getting providers through the most difficult tumult of COVID-19 and keeping them financially stable even though patient volumes are still depressed.
By Ron Shinkman • March 12, 2021 -
Deep DiveHospitals lift curtain on prices, revealing giant swings in pricing by procedure
The eye-popping variations demonstrate "the total insanity of American healthcare pricing," Niall Brennan, CEO of the Health Care Cost Institute, said.
By Samantha Liss , Nami Sumida • March 11, 2021 -
4 key elements of the COVID-19 relief legislation for providers and payers
President Joe Biden signed the legislation Thursday afternoon, but provider groups immediately called on Congress to pass a new bill extending the pause on Medicare sequester cuts.
By Shannon Muchmore , Samantha Liss , Rebecca Pifer • Updated March 12, 2021 -
Non-operating income helps Providence claw back into black for 2020
The system, which operates 51 hospitals spanning seven states, posted drastic losses in the first half of 2020 due to the COVID-19 pandemic, but closed out the year on more stable financial footing.
By Rebecca Pifer • March 9, 2021 -
Countering payers, drugmakers say net prices declined in 2020
Reports from three large pharmaceutical companies indicate increasing rebate payments and discounts to insurers more than offset the average price increases they took on their medicines.
By Jonathan Gardner • March 8, 2021 -
Coronavirus relief bill with rural hospital aid passes Senate
The nearly $2 trillion bill also includes billions for COVID-19 testing and contact tracing as well as extra subsidies to help people buy health coverage through the Affordable Care Act marketplaces.
By Shannon Muchmore • March 8, 2021 -
Trinity's Chicago Mercy Hospital enters deal to avert closing doors
The safety net hospital entered a nonbinding agreement to be acquired by Insight, which operates a small hospital and biotechnology venture outside of Detroit, after filing for bankruptcy last month.
By Ron Shinkman • March 5, 2021 -
Mayo Clinic's 2020 profit down, but net assets increase considerably
In December, the nonprofit system returned nearly half of the federal coronavirus relief funds it received. That's on top of sending back advanced Medicare payments earlier in the year.
By Ron Shinkman • March 1, 2021 -
One Medical denies COVID-19 vaccine favoritism, gives 'muted' outlook
News reports last week alleged the primary care company let friends and family of company leadership, along with younger, healthier people, get the shot.
By Rebecca Pifer • March 1, 2021 -
Hospitals likely upcoding severity levels for Medicare patients, OIG says
The most expensive hospital stays increased 20% over the six years studied, which were before the COVID-19 pandemic began, according to the report.
By Ron Shinkman • Feb. 26, 2021
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