Elevance Health announced plans to acquire home health company CareBridge during its most recent earnings call, with Elevance Health CEO Gail Boudreaux saying it will serve as the foundation for subsidiary Carelon’s home health business. “We’re excited to continue to serve all its customers and members,” Boudreaux said on the call.
As revenue cycles increasingly depend on patients to pay their healthcare bills, AI digital engagement increases the collection rate, says Dugan Winkie, head of Commercial Strategy at Cedar.
The American Medical Association and the Illinois State Medical Society (ISMS) filed a lawsuit last week against MultiPlan claiming the data analytics agency is a
Community Health Systems took a financial hit for the third quarter of 2024 due in part to the continuation of high payer denials, higher workforce expenses and the unanticipated setback of back-to-back hurricanes.
A Dallas pharmacy owner who routinely billed insurance companies for headache sprays, pain creams and scar creams never dispersed to patients has been sentenced to 10 years in federal prison, according to the U.S. Department of Justice.
Asabys Partners is looking to invest a funding round of $200 million that includes U.S. investors into early stage companies offering novel solutions, says Maite Malet, director of investments and corporate development.
Unlike Q3 earnings reports from insurers more heavily in the Medicare Advantage market, Medicaid-based Molina Healthcare on Thursday released third quarter financials that beat expectations.
The Change Healthcare cyberattack compromised the protected health information of at least 100 million people, according to The HIPAA Journal. This represents a third of the population in the United States and makes the data breach the largest known breach at a HIPAA-regulated entity.
AI recommendations in coding capture 100% of what’s sent out versus a manual process in which when staffers select subsets of encounters from within hundreds of documents, says AKASA CEO and cofounder Malinka Walaliyadde.
This year, 389 healthcare institutions in the U.S. were attacked with ransomware, which caused network shutdowns, offline systems, rescheduled appointments and delays in critical procedures, finds a new report from Microsoft.