Friday, September 16, 2022: Providers

The Centers for Medicare & Medicaid Services (CMS) released preliminary data revealing that 25 percent of hospitals will not face penalties under its Hospital Readmissions Reduction Program. Additionally, 57 percent fewer hospitals will pay penalties exceeding 1...

Friday, September 16, 2022: Providers

Representative Bill Pascrell, chair of the House Ways and Means Committee’s Subcommittee on Oversight, called on the U.S. Department of Health and Human Services (HHS) to investigate “disturbing questions about HCA’s corporate policies and practices.” Earlier this...

Friday, September 16, 2022: Providers

The House Ways and Means Committee released a report that found that extreme weather such as fires, flooding and heat waves, events that have resulted in compromised medical services and facility closures. Most of the 63 hospital systems and community health centers...

Thursday, September 15, 2022: Life Sciences

The White House is planning to allocate $2 billion to launch President Biden’s new national biomanufacturing initiative. According to a press release, the administration will invest $1.7 billion to expand domestic biomanufacturing: the Department of Defense (DoD) will...

Thursday, September 15, 2022: Payers

Blue Cross Blue Shield of North Carolina announced it saved $130 million in 2021 through its Blue Premier program that relies heavily on value-based health care. In total, the health plan saved about $500 million in the first three years of the program. Between 2020...

Thursday, September 15, 2022: Payers

The House passed legislation that would streamline prior authorization requirements under Medicare Advantage plans. The Improving Seniors’ Timely Access to Care Act would establish an electronic prior authorization process and reduce how long a health plan can...