Friday, February 24, 2023

IU Health reports $715M loss in 2022, moves forward with price reductionsIU Health reports $715M loss in 2022, moves forward with price reductionsIU Health reports $715M loss in 2022, moves forward with price reductions

IU Health reports $715M loss in 2022, moves forward with price reductions

Indianapolis-based IU Health reported a $715.11 million loss in 2022, compared with a $861.51 million gain a year earlier, citing high labor costs and the impact of its price-reduction plan.



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Montana lawmakers consider Medicaid rate changes to stop nursing home closuresMontana lawmakers consider Medicaid rate changes to stop nursing home closuresMontana lawmakers consider Medicaid rate changes to stop nursing home closures

Montana lawmakers consider Medicaid rate changes to stop nursing home closures

Senate Bill 296 would direct health officials to consider inflation, cost-of-living adjustments, and other factors in setting Medicaid reimbursement rates.



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Thursday, February 23, 2023

NY hospital residents and fellows win right to unionize NY hospital residents and fellows win right to unionize NY hospital residents and fellows win right to unionize

NY hospital residents and fellows win right to unionize

The decision follows a rejection from the hospital in November—which pushed the process to an NLRB election



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How Amazon built its healthcare strategy from Haven to One MedicalHow Amazon built its healthcare strategy from Haven to One MedicalHow Amazon built its healthcare strategy from Haven to One Medical

How Amazon built its healthcare strategy from Haven to One Medical

Amazon's healthcare history dates back to 2018. Here's a look at the discontinued projects, current offerings and what could be next.



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Kaiser Permanente downsizes regional HQ, relocates 1,200 employees to cut costsKaiser Permanente downsizes regional HQ, relocates 1,200 employees to cut costsKaiser Permanente downsizes regional HQ, relocates 1,200 employees to cut costs

Kaiser Permanente downsizes regional HQ, relocates 1,200 employees to cut costs

Kaiser said it will move employees to its Pleasanton campus in early 2024, significantly reducing annual costs.



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Amazon CEO promotes One Medical in letter to customersAmazon CEO promotes One Medical in letter to customersAmazon CEO promotes One Medical in letter to customers

Amazon CEO promotes One Medical in letter to customers

Amazon.com features a letter from CEO Andy Jassy highlighting the company's acquisition of primary care provider One Medical.



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Humana to exit employer market Humana to exit employer market Humana to exit employer market

Humana to exit employer market

Humana plans to focus its efforts on government-sponsored products such as Medicare Advantage.



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Wednesday, February 22, 2023

Teladoc Health reports $13.6B loss for 2022 Teladoc Health reports $13.6B loss for 2022 Teladoc Health reports $13.6B loss for 2022

Teladoc Health reports $13.6B loss for 2022

The company recorded $13.4 billion in non-cash goodwill impairment charges in 2022 related to its Livongo merger.



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Trinity Health's MercyOne to close Genesis Health System deal next weekTrinity Health's MercyOne to close Genesis Health System deal next weekTrinity Health's MercyOne to close Genesis Health System deal next week

Trinity Health's MercyOne to close Genesis Health System deal next week

Trinity Health’s MercyOne is set to add Genesis Health System's four hospitals to its portfolio within days, according to a source familiar with the deal.



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Star witness testifies against Outcome Health founders in fraud trialStar witness testifies against Outcome Health founders in fraud trialStar witness testifies against Outcome Health founders in fraud trial

Star witness testifies against Outcome Health founders in fraud trial

Ashik Desai, who cut a plea deal, details how the company is alleged to have secretly overbilled advertisers such as AbbVie.



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