Healthcare News - An Overview
Healthcare News - An Overview
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CVS Health and fitness may well conduct layoffs as Section of the reduction in products and services. Impacted personnel will be notified in mid-November and terminated in The brand new year, in accordance with the spokesperson.
Lawmakers listened to testimony past 12 months about algorithms employed by insurers to predict the amount of care clients may will need, which advocates argued drive coverage denials and thrust patients to self-shell out or manage an appeals approach. Humana, Cigna and UnitedHealth were being sued previous 12 months over their usage of algorithms to approach promises.
Epic strike with antitrust lawsuit by data startup Particle Wellness Particle alleges Digital well being file vendor Epic applied its posture for a “monopolist” to circumvent Levels of competition from the payer market.
Providers say statements denials are rising: study Just about three in four providers surveyed by Experian Overall health mentioned the quantity of claims denied by payers shot up involving 2022 and 2024.
Even though the intent is nice, quite a few hospitals are by now running on slender margins — Specially rural amenities that need to stay working to maintain use of care from the communities they serve, explained DiME’s Goldsack.
A Cigna-Humana merger could encounter a lengthy regulatory hold off. But it might get permitted. As rumors swirl the two big health and fitness insurers are inching towards a merger, gurus say antitrust companies have grounds to dam a offer — but may not be profitable.
2024 could include additional evolution of the current levels of technological innovation, rather then earth-shattering new innovations, claimed Alex Lennox-Miller, guide analyst in healthcare IT at marketplace intelligence enterprise CB Insights.
The program, made with in excess of twenty five federal agencies, involves an increased target in spots like artificial intelligence, community health and fitness and well being fairness, officers stated in a very blog submit.
On top of that, insurers are purchasing mental wellness and compound use ailment companies to curb prices, and can transfer clear of position-options towards integrated Gains platforms.
Cyberattacks at first focused on larger healthcare methods, but smaller sized suppliers and business associates at the moment are targets, claimed Amy Magnano, lover at law company Morgan Lewis. Attackers have become far more sophisticated as well, employing AI and device learning tools to hone their strikes, including crafting a lot more persuasive phishing email messages.
Pay attention to the report eight min This audio is automobile-created. Make sure you let's know For those who have feedback. Steward Overall health Treatment acquired court docket approval to offer six of its Massachusetts hospitals for an combination price of $343 million for the duration of a contentious Listening to Wednesday, efficiently exiting operations from the state.
Senate report slams Medicare Benefit insurers for making use of predictive technological innovation to deny claims UnitedHealth, CVS and Humana utilized technologies to increase MA prior authorization denials for write-up-acute products and services, boosting gains, In line with a report from a Senate subcommittee.
Insurers brace for ongoing Medicare Benefit professional medical prices The massive dilemma coming out with the health and click here fitness insurance policy earnings period is simply how much elevated utilization amongst seniors is carrying above into 2024.