Federal spending on bonus payments to insurance companies that offer Medicare Advantage plans will reach at least $12.8 billion in 2023, according to
Interoperability rulemaking thinks in terms of standards while AI can translate, says John Nebergall, COO of Consensus Cloud Solutions.
Four U.S. senators, led by Elizabeth Warren (D-Massachusetts) and Dr. Bill Cassidy (R-Louisiana), have penned letters to the IRS and Treasury Department asking for more detail on nonprofit hospitals’ charity care and community investments, saying they’re “alarmed” by reports of facilities taking advantage of the broad definition of “community benefit.”
Optum has partnered with accredited online university Capella University on a new educational program designed to address the growing need for skilled, advanced practice nurses. Optum, the health services arm of UnitedHealth Group, plans on pairing its clinical expertise and sites of care with Capella’s educational capabilities. WHAT’S THE IMPACT
Doctors and nurses who use AI will replace those who don’t, says Mayo Clinic Platform President Dr. John Halamka, adding that generative AI has potential to make clinicians better diagnosticians and be less burdened with some administrative tasks.
Bright Health reported a net loss of $125 million for the second quarter and a $312 million net loss for the six months ending June 30. This compares to a $284 million net loss for the second quarter of 2022 and a $488 million net loss for the first six months of 2022.
In 2022, 34% of physicians earned income from a source outside their practice, the highest percentage since statistics started being tracked in 2017, indicating a rising trend of medical professionals pursuing extracurricular moneymaking opportunities.
Chris Dunn, who is with Epstein Becker Green’s Healthcare Construction Group in Nashville, Tennessee, counsels healthcare owners and developers on all aspects of construction projects. He recently led a conference to discuss how executives can navigate the complex regulations. In this Q&A, Dunn shares his thoughts on managing projects during a time of staffing shortages, […]
Bright Health Group has secured $60 million in credit capacity, with the financing expected to support the working capital needs of the company until the closing of its California Medicare Advantage business to Molina Healthcare.
After a rough financial year in 2022, Kaiser Permanente got off to a strong start to begin the year and has continued to rebound, finishing the second quarter of 2023 with $25.2 billion in operating revenues, vs. $24.4 billion in expenses. Revenues went up year-over-year (from $23.5 billion in Q2 2022) and expenses went down […]