CVS Health projects it will incur up to a $1 billion reduction in net income in 2024 based on the result of the Medicare Advantage Star Ratings. Net income will be affected by $800 million to $1 billion, according to Seeking Alpha.
Action as well as access is needed in medical records to move toward digital health transformation and interoperability, says Grace Cordovano, founder of Enlightening Results.
Data culled from New Jersey hospitals has found a steep rise in the percentage of patients presenting with “major” or “extreme” illnesses, which has put further pressure on already strained workforces in the state’s healthcare institutions. And for once, it’s not due to COVID-19.