Tuesday, July 11, 2023

UVA Health continues statewide expansion with Riverside partnershipUVA Health continues statewide expansion with Riverside partnershipUVA Health continues statewide expansion with Riverside partnership

UVA Health continues statewide expansion with Riverside partnership

UVA Health will acquire a 5% ownership stake in Riverside Health System, which operates four acute-care hospitals in eastern Virginia. 



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As nonprofit hospitals bring in big tax breaks, states scrutinize their required charity spendingAs nonprofit hospitals bring in big tax breaks, states scrutinize their required charity spendingAs nonprofit hospitals bring in big tax breaks, states scrutinize their required charity spending

As nonprofit hospitals bring in big tax breaks, states scrutinize their required charity spending

Nonprofit hospitals avoid paying taxes if they provide community benefits such as charity care. More states are scrutinizing that trade-off.



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Specialty health systems pursue mergers partnershipsSpecialty health systems pursue mergers partnershipsSpecialty health systems pursue mergers partnerships

Specialty health systems pursue mergers, partnerships

Facilities such as City of Hope, Phoenix Children’s Hospital and UVA Health are acquiring or building hospitals within their respective states and beyond.



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Monday, July 10, 2023

Insurance companies on the hook for record risk-adjustment paymentInsurance companies on the hook for record risk-adjustment paymentInsurance companies on the hook for record risk-adjustment payment

Insurance companies on the hook for record risk-adjustment payment

Among for-profit carriers, Bright Health owes the largest risk-adjustment sum of $1.9 billion and Centene is poised to recoup the biggest amount at $782.2 million. 



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HCA Healthcare reports data breach possibly affecting 11M patientsHCA Healthcare reports data breach possibly affecting 11M patientsHCA Healthcare reports data breach possibly affecting 11M patients

HCA Healthcare reports data breach possibly affecting 11M patients

The Nashville, Tennessee-based health system said exposed information includes patient names, locations, contact information and birth dates.



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What happens when a health insurance company failsWhat happens when a health insurance company failsWhat happens when a health insurance company fails

What happens when a health insurance company fails

Friday Health Plans and Bright Health Group have flopped as health insurance companies. Their troubles are causing ripple effects throughout the healthcare system.



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Friday, July 7, 2023

Federal agencies seek answers on medical payment productsFederal agencies seek answers on medical payment productsFederal agencies seek answers on medical payment products

Federal agencies seek answers on medical payment products

The inquiry will focus on how medical credit cards impact patients’ finances and why providers promote them.



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Hospitals to receive $9 billion under proposed 340B remedyHospitals to receive $9 billion under proposed 340B remedyHospitals to receive $9 billion under proposed 340B remedy

Hospitals to receive $9 billion under proposed 340B remedy

Some 1,600 affected 340B-covered hospitals would receive the $9 billion payment that looks to offset the 340B reimbursement reductions the Supreme Court deemed unlawful. 



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Judge dismisses lawsuit over Teladoc-Livongo mergerJudge dismisses lawsuit over Teladoc-Livongo mergerJudge dismisses lawsuit over Teladoc-Livongo merger

Judge dismisses lawsuit over Teladoc-Livongo merger

Judge Denise Cote ruled that many of the statements made by Teladoc executives were general expressions of optimism, rather than intentionally misleading.



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HHS proposes restoring limits on short-term health insuranceHHS proposes restoring limits on short-term health insuranceHHS proposes restoring limits on short-term health insurance

HHS proposes restoring limits on short-term health insurance

The Biden administration aims to roll back Trump-era regulations allowing consumers to enroll in short-term, limited-duration health plans for up to 364 days.



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