Medicare Advantage plans denied some members needed care, OIG finds
The report calls for improved oversight of MA and urges the CMS to update audit protocols and issue new guidance on medical necessity reviews performed by the plans.
Stericycle reports challenging Q1, outlines path to recover from labor and inflation effects
As it saw a decline in pandemic-related waste, Stericycle experienced its most acute period of driver illnesses yet. The company also previewed a new medical waste facility and closed out a $90 million corruption settlement.
CommonSpirit names new CEO, Wright Lassiter of Henry Ford Health
Wright Lassiter will succeed Lloyd Dean, who announced his intent to retire last year, setting off a nationwide executive search.
ACLA, AdvaMed urge Congress to immediately replenish COVID-19 testing fund
The lab and medtech groups joined a coalition of more than 60 organizations warning congressional leaders the funding expiration puts “the most vulnerable” Americans at risk of losing resources to diagnose new infections.
Molina’s first-quarter COVID-19 costs reached highest peak since pandemic’s start, CEO says
Still, those costs were almost entirely offset by members cutting back on healthcare visits, a common trend throughout the pandemic, CEO Joe Zubretsky said Thursday.
Moderna seeks FDA clearance for COVID-19 vaccine in young children
The biotech’s shot would become the first available to children under 6, the last remaining age group currently ineligible for vaccination.
Teladoc records $6.6B impairment charge on Livongo acquisition, spurring record net loss
Teladoc bought chronic care giant Livongo for $18.5 billion two years ago, but the asset’s waning value and external market factors triggered the massive goodwill impairment charge in the first quarter.
Centene addresses ‘challenges’ in California’s Medi-Cal Rx launch
The payer’s CEO spoke Tuesday about concerns surrounding the implementation of the state’s new Medicaid prescription drug program, following news reports of members struggling to get access and approvals to needed medications.
Employers are reevaluating health benefits amid tight labor market, survey finds
Improving affordability, providing virtual care and boosting mental health offerings will be top priorities for U.S. employers over the next two years, according to a Willis Towers Watson report.
Does telemedicine result in duplicative care? Depends on the patient, study suggests
Whether or not telehealth visits result in duplicative care — a hot topic on the Hill as Congress debates future telemedicine regulation — could depend on if users have acute or chronic conditions, according to new research.