Wednesday, February 23, 2022

Omada Health achieves 'unicorn' status with Fidelity investmentOmada Health achieves 'unicorn' status with Fidelity investmentOmada Health achieves 'unicorn' status with Fidelity investment

Omada Health achieves 'unicorn' status with Fidelity investment

The virtual care company is worth more than $1 billion after a nearly $200 million Series E funding round.



from Section Page News - Modern Healthcare https://ift.tt/lQVbf4w

Other states keep watchful eye on snags in Washington’s pioneering public-option planOther states keep watchful eye on snags in Washington’s pioneering public-option planOther states keep watchful eye on snags in Washington’s pioneering public-option plan

Other states keep watchful eye on snags in Washington’s pioneering public-option plan

Washington was the first state to introduce a public option for health insurance, but the rollout hasn’t been smooth. Other states with public options in the works are taking notice.



from Section Page News - Modern Healthcare https://ift.tt/mEj28TJ

An $80,000 tab for newborns lays out a loophole in the new law to curb surprise billsAn $80,000 tab for newborns lays out a loophole in the new law to curb surprise billsAn $80,000 tab for newborns lays out a loophole in the new law to curb surprise bills

An $80,000 tab for newborns lays out a loophole in the new law to curb surprise bills

In the past, health plans sometimes have said they would pay for emergency care even if it’s out of network. The No Surprises Act now makes this a legal requirement in every state. The provider and insurer are supposed to negotiate a reasonable payment, leaving the patient out of the equation.

But what if the insurance company denies that the care is for an emergency? Or the hospital doesn’t supply the paperwork to prove it?



from Section Page News - Modern Healthcare https://ift.tt/OijeITN

Cerner records $5.8B in revenue, 21.7% adjusted operating margin for 2021Cerner records $5.8B in revenue, 21.7% adjusted operating margin for 2021Cerner records $5.8B in revenue, 21.7% adjusted operating margin for 2021

Cerner records $5.8B in revenue, 21.7% adjusted operating margin for 2021

The electronic health records giant posted a 4.7% revenue increase last year as it prepares for its pending acquisition by Oracle.



from Section Page News - Modern Healthcare https://ift.tt/Xlyi80D

Michigan Gov. Whitmer signs bill regulating pharmacy benefit managersMichigan Gov. Whitmer signs bill regulating pharmacy benefit managersMichigan Gov. Whitmer signs bill regulating pharmacy benefit managers

Michigan Gov. Whitmer signs bill regulating pharmacy benefit managers

The governor said the new law will help customers understand the "back end" pricing of prescription drugs and "lower inflated prices."



from Section Page News - Modern Healthcare https://ift.tt/7nSvz3k

Tuesday, February 22, 2022

COVID-19 shots unlikely to prompt rare inflammation in kidsCOVID-19 shots unlikely to prompt rare inflammation in kidsCOVID-19 shots unlikely to prompt rare inflammation in kids

COVID-19 shots unlikely to prompt rare inflammation in kids

The condition, formally known as multisystem inflammatory syndrome in children, involves fever plus symptoms affecting at least two organs and often includes stomach pain, skin rash or bloodshot eyes.



from Section Page News - Modern Healthcare https://ift.tt/25YOpga

CMS ends ACO track in rural pay transformation modelCMS ends ACO track in rural pay transformation modelCMS ends ACO track in rural pay transformation model

CMS ends ACO track in rural pay transformation model

CMS says it's working on broader ACO transformation efforts and will announce additional proposals soon.



from Section Page News - Modern Healthcare https://ift.tt/0KBQkyi

Vidant Health inflates prices, lawsuit alleges Vidant Health inflates prices, lawsuit alleges Vidant Health inflates prices, lawsuit alleges

Vidant Health inflates prices, lawsuit alleges

A patient was charged more than $3,500 for a CT scan, which amounted to over 11 times the Medicare reimbursement rate, according to the lawsuit.



from Section Page News - Modern Healthcare https://ift.tt/LEI9xtX

Patients say hospitals should disclose emergency department facility feesPatients say hospitals should disclose emergency department facility feesPatients say hospitals should disclose emergency department facility fees

Patients say hospitals should disclose emergency department facility fees

Patient lawsuits, unsuccessful so far, argue hospitals should have notified them about their practice of charging thousands of dollars in facility fees onto emergency department bills.



from Section Page News - Modern Healthcare https://ift.tt/6Zz7x1q

Health systems work with On-Ramp program to turn jobs into careersHealth systems work with On-Ramp program to turn jobs into careersHealth systems work with On-Ramp program to turn jobs into careers

Health systems work with On-Ramp program to turn jobs into careers

Northeast Ohio's three big healthcare systems — Cleveland Clinic, MetroHealth and University Hospitals — are working with a variety of community partners on a project to train workers quickly for entry-level positions that offer a path to career advancement.



from Section Page News - Modern Healthcare https://ift.tt/Nt9luAZ