Friday, June 30, 2023

Bright Health sells last insurance asset to Molina for $600MBright Health sells last insurance asset to Molina for $600MBright Health sells last insurance asset to Molina for $600M

Bright Health sells last insurance asset to Molina for $600M

Bright Health's deal to divest its California Medicare Advantage business to Molina Healthcare marks the end of its insurance operations.



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Funding recap: Y Combinator invests in virtual obesity clinic Funding recap: Y Combinator invests in virtual obesity clinic Funding recap: Y Combinator invests in virtual obesity clinic

Funding recap: Y Combinator invests in virtual obesity clinic

Y Combinator, the startup accelerator that helped produce Airbnb and Instacart, is investing in virtual obesity clinic Alfie Health. 



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Thursday, June 29, 2023

Finance execs talk claim denials looming recession at HFMA conferenceFinance execs talk claim denials looming recession at HFMA conferenceFinance execs talk claim denials looming recession at HFMA conference

Finance execs talk claim denials, looming recession at HFMA conference

Revenue cycle management, technology and economic uncertainty were major themes at the Healthcare Financial Management Association conference in Nashville, Tennessee, this week.



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Healthcare industry reacts to affirmative action rulingHealthcare industry reacts to affirmative action rulingHealthcare industry reacts to affirmative action ruling

Healthcare industry reacts to affirmative action ruling

The Supreme Court has ruled that universities may no longer consider race in admissions, potentially disrupting efforts to diversify the healthcare workforce.



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Healthcare costs to grow 7% next year: PwCHealthcare costs to grow 7% next year: PwCHealthcare costs to grow 7% next year: PwC

Healthcare costs to grow 7% next year: PwC

Healthcare costs are expected to rise in 2024 as providers manage higher expenses and seek rate increases during contract negotiations with insurers.



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Wednesday, June 28, 2023

DOJ announces charges in massive healthcare fraud crackdownDOJ announces charges in massive healthcare fraud crackdownDOJ announces charges in massive healthcare fraud crackdown

DOJ announces charges in massive healthcare fraud crackdown

The Justice Department has charged dozens of people in several healthcare fraud and prescription drug schemes, including a scheme totaling nearly $1.9 billion.



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Medical supplier Medline names new CEOMedical supplier Medline names new CEOMedical supplier Medline names new CEO

Medical supplier Medline names new CEO

Effective Oct. 1, company veteran Jim Boyle will replace Charlie Mills, who will retire from the role but continue to be on the company’s board as chairman.



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Augmedics gets $82.5M in funding round for AR spinal surgery toolAugmedics gets $82.5M in funding round for AR spinal surgery toolAugmedics gets $82.5M in funding round for AR spinal surgery tool

Augmedics gets $82.5M in funding round for AR spinal surgery tool

The company has garnered more venture-capital attention than Chicago's seen for a while.



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Behavioral healthcare moving into the homeBehavioral healthcare moving into the homeBehavioral healthcare moving into the home

Behavioral healthcare moving into the home

A growing number of home health agencies are offering behavioral health services as demand for mental healthcare grows.



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New payment models test ability to identify underserved communitiesNew payment models test ability to identify underserved communitiesNew payment models test ability to identify underserved communities

New payment models test ability to identify underserved communities

As the Centers for Medicare and Medicaid Services seeks to invest more resources in disadvantaged populations, providers are concerned the tool it uses to assess social risk misses the mark.



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