Wednesday, August 9, 2023

Bright Health slashes annual revenue guidanceBright Health slashes annual revenue guidanceBright Health slashes annual revenue guidance

Bright Health slashes annual revenue guidance

Bright Health Group narrowed its net loss 56% to $125 million as revenue nearly doubled to $298 million during the second-quarter.



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CMS updates HCAHPS survey amid declining scoresCMS updates HCAHPS survey amid declining scoresCMS updates HCAHPS survey amid declining scores

CMS updates HCAHPS survey amid declining scores

The modifications to the Hospital Consumer Assessment of Healthcare Providers and Systems survey have been years in the making.



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Tuesday, August 8, 2023

Oscar Health eyes exchanges expansion in 2024, Bertolini saysOscar Health eyes exchanges expansion in 2024, Bertolini saysOscar Health eyes exchanges expansion in 2024, Bertolini says

Oscar Health eyes exchanges expansion in 2024, Bertolini says

Oscar Health narrowed its net loss 86.2% to $15.4 million as revenue grew 49.6% to $1.5 billion during the second quarter, the health insurer reported Tuesday.



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US COVID-19 hospitalizations are on the rise again, but not like beforeUS COVID-19 hospitalizations are on the rise again, but not like beforeUS COVID-19 hospitalizations are on the rise again, but not like before

US COVID-19 hospitalizations are on the rise again, but not like before

With an updated vaccine still months away, this summer bump in new hospitalizations might be concerning, but the number of patients is far lower than before.



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Only 6% of health systems have generative AI strategy: reportOnly 6% of health systems have generative AI strategy: reportOnly 6% of health systems have generative AI strategy: report

Only 6% of health systems have generative AI strategy: report

Around 75% health system executives say generative AI has reached a turning point in its ability to reshape the industry.



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Monday, August 7, 2023

Babylon’s proposed deal to go private falls throughBabylon’s proposed deal to go private falls throughBabylon’s proposed deal to go private falls through

Babylon’s proposed deal to go private falls through

Babylon Health, an AI company, announced a proposed deal in June to combine with MindMaze, a digital health company focused on brain health.



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CMS pauses surprise billing arbitration after court rulingCMS pauses surprise billing arbitration after court rulingCMS pauses surprise billing arbitration after court ruling

CMS pauses surprise billing arbitration after court ruling

The fourth surprise billing-related lawsuit from the Texas Medical Association resulted in another win for providers. 



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Bright Health receives credit lifeline to keep afloatBright Health receives credit lifeline to keep afloatBright Health receives credit lifeline to keep afloat

Bright Health receives credit lifeline to keep afloat

Financially strapped Bright Health Group now has the means to stay in business while it completes a deal to sell its final insurance assets to Molina Healthcare.



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Mass General Brigham bets big on hospital-at-homeMass General Brigham bets big on hospital-at-homeMass General Brigham bets big on hospital-at-home

Mass General Brigham bets big on hospital-at-home

Mass General Brigham has ambitious plans to expand its hospital-at-home offerings. They may hinge on what the Centers for Medicare and Medicaid Services does next.



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