Steward Health Care plans to close two hospitals in Massachusetts by the end of the month, resulting in over 1,200 layoffs. Sales of its other 29 hospitals have been delayed and Steward’s CEO Ralph de la Torre has been subpoenaed to appear before a Senate subcommittee. WHY THIS MATTERS
Children’s Health Alliance, a network of pediatric providers, has partnered with Innovaccer to track 35 key quality measures and now uses over 100 proactive care gap lists, says Julie Harris, senior director of population health.
Physician enablement technology company and Medicare Advantage insurer Clover Health reported its first-ever quarterly earnings as a public company, posting net income of $7.2 million and an adjusted EBITDA of $36.2 million. Both are year-over-year improvements, when Clover took a net loss of $28.9 million and EBITDA was just $9.9 million.
Almost half of insured, working-age adults in the U.S. say they’ve received a medical bill, or copayment for a service, they expected to be covered by insurance. But despite the fact that one in five were denied coverage for a doctor-recommended service, few patients challenge these denied claims.