CVS beats expectations in Q3, but high costs weigh on profit outlook
The company is prepared for potential legislation forcing transparency in its pharmacy benefit manager business practices later this year, CEO Karen Lynch said on Wednesday.
Tenet Healthcare beats expectations on growth in ambulatory and acute services
Tenet was also the latest for-profit operator to call out the impact of rising physician fees from the implementation of the No Surprises Act.
HHS proposes ‘powerful’ penalties for providers found information blocking
Regulators on Monday proposed a long-awaited rule tying payments for hospitals and doctor’s offices in three popular Medicare programs to compliance with data-sharing regulations.
Tracking healthcare data breaches
Cybercriminals are increasingly breaching healthcare systems, exposing patient information and threatening access to medical care.
Insurer prices vary widely by U.S. region, study finds
Humana charged higher rates for the same services in the Upper Midwest and Southeast compared to the Central U.S. and Florida, according to new research published in JAMA.
Biden administration overhauls surprise billing resolution process amid controversy
Regulators proposed a rule on Friday meant to make payment dispute resolutions more fair and efficient following more than a year of industry complaints.
GE HealthCare’s imaging AI will become ‘increasingly meaningful’ to growth: Moody’s
Even if modestly accretive, AI could support longer-term revenue targets at GE HealthCare and its competitors, Moody’s analysts wrote.
Ransomware attacks on healthcare facilities cost $77.5B in downtime, report finds
On average, organizations were shut down or unavailable to provide services for 14 days to due to ransomware attacks from 2016 through mid-October this year, according to cybersecurity research firm Comparitech.
Guidance change threatens hospital 340B drug discounts
The Health Resources and Services Administration is once again requiring hospitals to register outpatient clinics and list them on Medicare cost reports, setting a higher bar for eligibility in the drug discount program.
Community Health Systems logs $91M net loss in Q3, downwardly revises yearly revenue expectations
Despite cost containment efforts, CHS reported a net loss for the third consecutive quarter this week.