Several companies, including Pfizer and Moderna, are already at work adapting their coronavirus shots to the newly identified variant, which experts worry could more readily evade vaccine protection.
Banner Health’s finances are back in the black, though labor costs continue to challenge the Arizona-based system.
New market research finds that while digital strategies are widespread in healthcare, execution challenges persist.
Like its peers, the nonprofit giant reported expense growth outpacing revenue in the third quarter, though the disparity between the two wasn’t as sharp as other systems’.
The insurer also announced it extended another value-based care partnership for Medicare Advantage members with Hutchinson Clinic, a physician group in central Kansas.
CEO Geoff Martha said the medtech was hit in its second quarter by pandemic-related challenges that weighed on procedure volumes, particularly in the U.S.
Doctors are raising the alarm against what they perceive as Blue Cross NC’s “take it or leave it” ultimatums to in-network clinicians, using the consumer protection legislation as a bargaining chip to negotiate more favorable rates.
The funding will go toward scholarship and loan repayment programs for healthcare students committing to work in hard-hit and high-risk communities, according to the White House.
The nonprofit system saw a major increase in spending on contracted medical services as well as a jump in supply costs.
Over the years, workers describe a dwindling partnership. Some believe it is this deterioration that led the organization to where it is today — recently on the brink of a major work stoppage following disputes over a new contract.