Pear still has substantial challenges going forward, as it faces several unknowns about the long-term adoption and reimbursement of its products. The company has been operating at a net loss, seeing a $65 million loss last year.
While 58% of the public said they’re worried about being able to afford surprise bills, the majority of people with private insurance stated they knew nothing about the consumer protection law that went into effect in January.
Antitrust regulators are angling to modernize the guidelines, which have not been updated in more than a decade, as the Biden administration increasingly cracks down on consolidation.
“This is a bigger workforce shortage than we have ever dealt with,” said Gay Landstrom, senior vice president and chief nursing officer of Trinity Health, a nonprofit system with 88 hospitals nationwide.
Florida is freezing enrollment in Centene’s plans, according to a March 17 letter sent to the CEO of the Florida division, the Sunshine State Health Plan.
A growing number of health insurers, private equity companies and hospitals are snapping up home health and hospice practices, with hopes for a substantial ROI.
Hospitals are increasingly acting as venture capitalists, ratcheting up investments in companies with products they can use and scale, according to a data analysis conducted by Healthcare Dive of hospital VC arms.
Meanwhile, the percentage of claims for telehealth shot up from just 0.22% of all claims in 2019 to 15.41% in 2020, as COVID-19 restrictions set in and patients worried of virus transmission.
Citing “some waning of protection over time,” the agency authorized another dose of either Pfizer’s or Moderna’s shots for adults aged 50 years or older as well as for people with weakened immune systems.
According to new numbers from the CMS, national health spending grew 4.2% last year to almost $4.3 trillion, a significant slowdown from the 9.7% growth rate in 2020.