Physicians, hospitals decry 2025 Medicare payment rates
Physicians will see their Medicare reimbursement fall 2.9% next year if Congress doesn’t stop the cuts. Meanwhile, reimbursement for hospital outpatient departments is rising 2.9%.
Elevance Health sues HHS over Medicare Advantage star ratings
The payer joins several other insurers suing federal regulators over the 2025 quality ratings, which Elevance argues will cost it at least $375 million in bonus payments and rebates.
Michelle Tarver faces challenges as new CDRH leader. But patient groups, industry are optimistic.
Tarver is taking over as director of the Center for Devices and Radiological Health as the regulator grapples with questions around artificial intelligence in medical devices and racial bias in pulse oximeters.
Ready to transform healthcare? Get ready for AI
There’s no doubt that AI and GenAI can speed up healthcare innovation. But before organizations can jump into the future, it’s crucial to understand the benefits – and the risks – of advanced technology.
Closing the gaps: Enhancing patient outcomes through effective care gap management
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CareTrust REIT to buy 31 nursing homes for $500M
The company also said it plans to purchase four more nursing facilities in the Northeast next month for $57 million.
Pennsylvania attorney general sues Prospect Medical alleging ‘corporate greed’
The lawsuit argues Prospect broke the terms of its agreement to purchase Pennsylvania system Crozer Health and seeks to stop the hospital operator from closing more facilities.
Walgreens to lay off over 250 people
The decision follows a recent announcement that the pharmacy retailer plans to close 1,200 stores over the next three years.
Cigna CEO tamps down on Humana deal speculation
Despite reports this fall that the two payers had reopened merger talks, Cigna plans to use excess cash to buy back its shares, David Cordani told investors.
Medicare saves record $2.1B from largest accountable care program
Citrus ACO in Central West Florida had the highest savings rate, while Health Connect Partners — an ACO operated by hospital giant Providence — had the highest total savings in the Medicare Shared Savings Program last year.