Providence posts H1 operating loss amid increased labor costs
As more patients returned for care, the Washington state-based system’s expenses increased to meet demand and was further stressed by worker shortages.
CMS extends deadlines for Medicaid redeterminations after COVID-19 public health emergency ends
Due to significantly increased workloads, state health officials will now have 12 months instead of six after the PHE ends to complete pending verifications, redeterminations and renewals.
Centene awarded Ohio Medicaid contract following $88M settlement
Also Tuesday, Molina reported its subsidiary nabbed a Medicaid contract win in Nevada, its first in the state.
HHS OIG backs nixing capital cost exemption for new hospitals
Currently, new facilities help pay for their capital costs through a special exemption. An HHS watchdog says Medicare could see significant cost savings if regulators did away with the carveout.
Centene’s Medicare CFO promoted to segment CEO
Rich Fisher’s promotion comes weeks after the insurer reported a $535 million quarterly loss but a 25% growth in its Medicare business.
UnitedHealthcare loses Medicare Advantage overpayment suit
An appeals court on Friday reversed a 2018 decision that overturned Medicare’s overpayment rule that required insurers to refund reimbursement to CMS within 60 days if they learn a diagnosis lacks medical record support.
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Everything you need to know about the Machine-Readable Files mandate
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Predicting the future of healthcare: 10 takeaways from HIMSS21
Along with “guarded optimism” on the current state of the pandemic, some 19,000 on-site attendees in Las Vegas mulled what’s next for AI, telehealth, cybersecurity, mental health and more.
AI gains steam, though some execs still not sold at HIMSS21
Data released Wednesday finds 7% of healthcare executives said they believe AI and machine learning are the top priority for the future, while 7% called them a “distraction.”