Two rural Catholic hospitals in Illinois are closing all operations as of Friday, June 16, due in part to a 2021 cyberattack. St. Margaret’s Health in Peru And Spring Valley will be closing all current operations as of Friday, June 16, according to a notice on the St. Margaret’s Health website.
Billing inaccuracies are estimated to cost hospitals billions annually, but physician-trained artificial intelligence can help hospitals recover millions in lost revenue by reducing denials, according to Dr. Michael Gao, CEO and cofounder of SmarterDx. Gao said he is on a mission to transform the way hospitals bill using artificial intelligence.
VC partnerships with cutting-edge startups can onboard health system technology to fill gaps in a cost-efficient way, say Michael Hasselberg, the University of Rochester’s chief digital health officer, and Dr. Justin Norden, a partner at GSR Ventures.
Health and Human Services Secretary Xavier Becerra has sent a letter to governors urging them to adopt new flexibilities to minimize avoidable Medicaid coverage losses among children and families.
For Medicare Advantage audits, there must be evidence in the medical documentation to support the billing codes, says David Lareau, CEO of Medicomp Systems.
Beginning January 1, 2024, eligible seniors and people with disabilities will be eligible for additional benefits to lower prescription drug costs through the expansion of the Extra Help program, according to the Department of Health and Human Services.
CareSignal, which is part of Lightbeam, takes population health enablement strategies and metrics to clinicians, says CareSignal CEO Blake Marggraff and Lightbeam president Jerry Shultz.
In the midst of layoffs and two opioid settlements, Walgreens Boots Alliance has announced the sale of its remaining shares of Option Care Health for approximately $330 million
The Centers for Medicare & Medicaid Services today released the list of 43 prescription drugs for which Medicare Part B beneficiaries’ coinsurances may be lower starting July 1 through September 30.
While 50% of adults with a behavioral condition do not receive treatment, a robust ecosystem inclusive of early identification, along with personalized care pathways with patient to provider matching, can result in improved outcomes, according to new research published by Evernorth.