by Jessica Casebolt | Mar 11, 2024 | Payers, Tea Leaves
Walgreens has agreed to pay $360 million to health care insurer Humana to settle a lawsuit claiming that the retail pharmacy giant for years overcharged for prescription drug reimbursements. The settlement ends a legal dispute that began when Humana accused Walgreens...
by Jessica Casebolt | Mar 11, 2024 | Health IT, Tea Leaves
The Mayo Clinic on Monday said it will partner with Silicon Valley startup Cerebras Systems to develop artificial intelligence (AI) models for the health care industry. The Mayo Clinic will use computing chips and systems from Cerebras to tap into decades of...
by Jessica Casebolt | Mar 11, 2024 | D.C. News, Tea Leaves
The Department of Health and Human Services (HHS) has named its first chief competition officer, a new role that aims to boost competition in health care in an effort to lower rising costs and crackdown on corporate greed. The agency announced Monday that Stacy...
by Jessica Casebolt | Mar 11, 2024 | Providers, Tea Leaves
Since COVID-19 struck, many providers have continued to invest in new facilities and expand services, despite the financial challenges related to the pandemic. Projects temporarily stalled and new developments were put on hold, but it wasn’t long before systems...
by Jessica Casebolt | Mar 11, 2024 | Payers, Tea Leaves
Elevance Health and its state-based subsidiaries initiated a lawsuit against the federal government last week demanding the Centers for Medicare and Medicaid Services (CMS) undo technical changes to the star ratings program, recalculate scores, and redetermine quality...
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