Friday, May 5, 2023

Kaiser Permanente reports financial rebound in first quarterKaiser Permanente reports financial rebound in first quarterKaiser Permanente reports financial rebound in first quarter

Kaiser Permanente reports financial rebound in first quarter

Oakland, California-based Kaiser Permanente on Friday reported net income of $1.21 billion in the first quarter of 2023.



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Cigna prepared for PBM crackdown, CEO saysCigna prepared for PBM crackdown, CEO saysCigna prepared for PBM crackdown, CEO says

Cigna prepared for PBM crackdown, CEO says

Cigna's net income rose 5.8% to $1.2 billion in the first quarter on a 5.7% increase in revenue, the health insurance company reported Friday.



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WHO declares COVID pandemic no longer a global emergencyWHO declares COVID pandemic no longer a global emergencyWHO declares COVID pandemic no longer a global emergency

WHO declares COVID pandemic no longer a global emergency

The U.N. health agency's officials said that even though the emergency phase was over, the pandemic hasn't come to an end.



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State tax incentives entice doctors to train medical studentsState tax incentives entice doctors to train medical studentsState tax incentives entice doctors to train medical students

State tax incentives entice doctors to train medical students

Georgia and six other states offer tax incentives to create mentorship opportunities for medical students and forge career pipelines in underserved communities.



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Thursday, May 4, 2023

How Amwell, Privia fared in Q1How Amwell, Privia fared in Q1How Amwell, Privia fared in Q1

How Amwell, Privia fared in Q1

Amwell suffered a goodwill impairment charge in the first quarter of 2023 while Privia Health said it paused a contract with a health insurer.



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Idaho's strict abortion ban forces OB-GYN exodusIdaho's strict abortion ban forces OB-GYN exodusIdaho's strict abortion ban forces OB-GYN exodus

Idaho's strict abortion ban forces OB-GYN exodus

At least two Idaho hospitals are ending labor and delivery services, with one citing the state’s “legal and political climate."



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1 dead, 4 injured in Atlanta medical building shooting1 dead, 4 injured in Atlanta medical building shooting1 dead, 4 injured in Atlanta medical building shooting

1 dead, 4 injured in Atlanta medical building shooting

The suspect had an appointment at a Northside Medical building and opened fire shortly after arriving in an attack that lasted about two minutes.



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Nursing school enrollment takes a dip—AACNNursing school enrollment takes a dip—AACNNursing school enrollment takes a dip—AACN

Nursing school enrollment takes a dip—AACN

For the first time in more than 20 years, nursing schools experienced a year-over-year decline in students in 2022, though overall enrollment is still high.



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Wednesday, May 3, 2023

Option Care Health to acquire Amedisys for $3.6 billion in all-stock dealOption Care Health to acquire Amedisys for $3.6 billion in all-stock dealOption Care Health to acquire Amedisys for $3.6 billion in all-stock deal

Option Care Health to acquire Amedisys for $3.6 billion in all-stock deal

The all-stock transaction will create a mammoth provider of post-acute care services, that also will include hospital-at-home and palliative care.



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Illinois aims to build its own Obamacare marketplaceIllinois aims to build its own Obamacare marketplaceIllinois aims to build its own Obamacare marketplace

Illinois aims to build its own Obamacare marketplace

Pritzker-backed legislation aims to insulate the state's program in the event future federal leaders ever look to roll back parts of the landmark law.



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CVS cuts profit forecast after Signify, Oak Street dealsCVS cuts profit forecast after Signify, Oak Street dealsCVS cuts profit forecast after Signify, Oak Street deals

CVS cuts profit forecast after Signify, Oak Street deals

CVS Health finalized its deals to acquire Signify Health and Oak Street Health sooner than expected, accelerating spending related to the transactions and squeezing profits for the year.



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Tuesday, May 2, 2023

Medicare Advantage growth, higher fees drag Community Health Systems' Q1 resultsMedicare Advantage growth, higher fees drag Community Health Systems' Q1 resultsMedicare Advantage growth, higher fees drag Community Health Systems' Q1 results

Medicare Advantage growth, higher fees drag Community Health Systems' Q1 results

Changes to payer mix and higher specialist fees took a toll on Community Health Systems' bottom line.



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Pure Health makes $500M investment in Ardent Health ServicesPure Health makes $500M investment in Ardent Health ServicesPure Health makes $500M investment in Ardent Health Services

Pure Health makes $500M investment in Ardent Health Services

Pure Health said the deal is part of a larger strategy to expand its international portfolio and build connections with U.S. healthcare providers.



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Georgia takes over health insurance market through new lawGeorgia takes over health insurance market through new lawGeorgia takes over health insurance market through new law

Georgia takes over health insurance market through new law

The law is one of three changes that could affect Georgians who get subsidized health insurance through the state and federal government.



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UnitedHealth loses Envision Healthcare pay lawsuitUnitedHealth loses Envision Healthcare pay lawsuitUnitedHealth loses Envision Healthcare pay lawsuit

UnitedHealth loses Envision Healthcare pay lawsuit

UnitedHealth Group agreed to pay $91.2 million to settle claims it underpaid Envision Healthcare providers.



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CVS completes $10.6B Oak Street Health acquisitionCVS completes $10.6B Oak Street Health acquisitionCVS completes $10.6B Oak Street Health acquisition

CVS completes $10.6B Oak Street Health acquisition

The deal adds more than 170 Oak Street Health primary care clinics to CVS Health's expanding portfolio.



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How health systems can take strategic action on ESGHow health systems can take strategic action on ESGHow health systems can take strategic action on ESG

How health systems can take strategic action on ESG

Here's everything you need to know about Modern Healthcare’s ESG: The Implementation Imperative Summit.



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Monday, May 1, 2023

Feds declared hospitals that deny emergency abortions broke the lawFeds declared hospitals that deny emergency abortions broke the lawFeds declared hospitals that deny emergency abortions broke the law

Feds declared hospitals that deny emergency abortions broke the law

The findings are a warning to hospitals as they struggle to reconcile dozens of new state laws that ban or severely restrict abortion.



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Health systems in limbo as Medicaid redeterminations get underwayHealth systems in limbo as Medicaid redeterminations get underwayHealth systems in limbo as Medicaid redeterminations get underway

Health systems in limbo as Medicaid redeterminations get underway

The federal government allowed people to remain on Medicaid during the COVID-19 pandemic, even when their income should’ve excluded them from the program. 



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CMS may reimburse for virtual reality treatmentsCMS may reimburse for virtual reality treatmentsCMS may reimburse for virtual reality treatments

CMS may reimburse for virtual reality treatments

A recent CMS ruling represents the first signal that clinicians will get reimbursed for virtual reality services by Medicare, but there are still challenges.



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Health systems ‘taking a breath’ on major construction projectsHealth systems ‘taking a breath’ on major construction projectsHealth systems ‘taking a breath’ on major construction projects

Health systems ‘taking a breath’ on major construction projects

Some systems have opted to renovate rather than break ground, according to participants in Modern Healthcare’s 2023 Construction and Design Survey.



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Prime Healthcare’s Sunitha Reddy on revenue cycle, patient experiencePrime Healthcare’s Sunitha Reddy on revenue cycle, patient experiencePrime Healthcare’s Sunitha Reddy on revenue cycle, patient experience

Prime Healthcare’s Sunitha Reddy on revenue cycle, patient experience

Modern Healthcare spoke to Prime Healthcare's Sunitha Reddy about her career journey and her main priorities at the organization.



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Sunday, April 30, 2023

Confronting challenges in addiction treatmentConfronting challenges in addiction treatmentConfronting challenges in addiction treatment

Confronting challenges in addiction treatment

Addiction treatment experts Dr. Kenneth Stoller and Marvin Ventrell discuss ongoing barriers to access.



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