Finances: Page 2
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Digital health funding shows improvement in 2024: Rock Health
U.S. digital health startups have raised $5.7 billion across 266 deals so far this year, putting the sector on track to possibly exceed recent full-year funding totals.
By Emily Olsen • July 10, 2024 -
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Medicare proposes 2.6% bump to hospital outpatient pay next year
The sweeping payment rule also solidifies continuous eligibility requirements for children in Medicaid and CHIP, and holds hospitals to higher obstetric care delivery standards in a bid to improve maternal mortality.
By Rebecca Pifer • July 10, 2024 -
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CMS revised Medicare Advantage star ratings. Here’s which payers benefited.
More than 60 Medicare Advantage health plans from 40 insurers have received a higher star rating for 2024, according to a Healthcare Dive analysis.
By Rebecca Pifer • July 9, 2024 -
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FTC slams pharmacy benefit managers in first report from ongoing investigation
On Tuesday, regulators updated the public on their almost three-year-old inquiry into PBMs’ anticompetitive business practices. The report is not positive for the drug middlemen, which immediately criticized it as one-sided.
By Rebecca Pifer • July 9, 2024 -
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Cano Health exits bankruptcy as private company
The primary care chain is now focused on its Florida market, which includes 80 medical centers.
By Emily Olsen • July 2, 2024 -
Courtesy of UnitedHealth Group
UnitedHealth, Amedisys agree to sell clinics to get merger across finish line
The divestiture will only go through if UnitedHealth and Amedisys complete their merger, which was announced last summer but has been held up amid scrutiny from the Department of Justice.
By Rebecca Pifer • July 2, 2024 -
Spencer Platt / Staff via Getty Images
Amwell to implement reverse stock split to avoid delisting
The telehealth vendor’s share price has declined significantly since 2020. It received a warning this spring that its stock was trading below minimum standards, and could be removed from trading.
By Emily Olsen • June 28, 2024 -
Courtesy of UnitedHealth Group
Optum Rx reaches $20M settlement with Justice Department over opioid prescribing
The UnitedHealth pharmacy benefit manager did not have to admit guilt as part of the settlement, which amounts to a minuscule fraction of its annual revenue.
By Rebecca Pifer • June 28, 2024 -
Scott Olson via Getty Images
Walgreens to reduce stake in VillageMD, close stores
Walgreens is refocusing on pharmacy operations after failing to make inroads in healthcare services. The company will shrink its stake in VillageMD and is no longer looking to invest in medical offices, executives said.
By Rebecca Pifer • June 27, 2024 -
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Digital health funding continues to stabilize in Q1: PitchBook
Startups raised $1.1 billion across 77 deals in the first quarter — far lower than pandemic-era highs, but consistent with recent quarters.
By Emily Olsen • June 27, 2024 -
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Hospital mergers tied to increased layoffs, reduced tax revenues: report
A National Bureau of Economic Research report found layoffs followed hospital mergers, as employers struggled to absorb the costs of rising healthcare premiums.
By Susanna Vogel • June 26, 2024 -
Anna Moneymaker via Getty Images
Lawmakers promise to stop kicking the can on Medicare solvency
The House Budget Committee met Thursday and said they’d take action to restore Medicare’s financial footing, though the hearing was light on specifics.
By Rebecca Pifer • June 14, 2024 -
Alex Wong via Getty Images
CMS recalculates Medicare Advantage star ratings in major win for insurers
The redo comes after regulators lost two court cases over the methodology used to determine 2024’s quality ratings and should result in hundreds of millions of dollars in additional bonuses to plans.
By Rebecca Pifer • June 14, 2024 -
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Tracking Steward's declineSteward secures $225M days before it was set to run out of cash
The health system found financing after its original backer Medical Properties Trust declined to provide more funds. Steward will present the deal in federal bankruptcy court later this week for final approval.
By Susanna Vogel • June 11, 2024 -
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Affordable Care Act insurers could be on the hook for $1.1B in rebates this year
Rebates this year could cross the billion-dollar mark for the fifth time in the past decade, according to an analysis from the KFF.
By Rebecca Pifer • June 7, 2024 -
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House subcommittee lands on transparency for 340B reform
Based on the Oversight and Investigations hearing, political will in Congress seems slim to cut back the 340B program — without a clearer view of how hospitals are using the funds first.
By Rebecca Pifer • June 5, 2024 -
Illustration: Xavier Lalanne-Tauzia for Industry Dive
Expense management differentiated nonprofit providers in Q1
But the industry has a long way to go before it’s fully back to the profitability levels seen before the pandemic — if it fully rebounds at all, analysts told Healthcare Dive.
By Susanna Vogel • May 31, 2024 -
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Healthcare payments firm Waystar plans $1B IPO
The digital health IPO market has stagnated in recent years, but a successful listing by Waystar could help break the ice, one expert said.
By Emily Olsen • May 30, 2024 -
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Move over, Medicare Advantage — UnitedHealth, Centene flag higher Medicaid utilization concerns
Worries about higher-than-expected medical spending have reached Medicaid, as redeterminations spark turbulence in the program.
By Rebecca Pifer • May 30, 2024 -
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Veradigm exploring sale, names new interim CEO
The healthcare technology company was delisted from Nasdaq this year after failing to file timely financial reports for months.
By Emily Olsen • May 28, 2024 -
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Express Scripts’ new partnership is an olive branch to independent pharmacies
Cigna’s massive pharmacy benefit manager has unveiled a new collaboration with a network of independent pharmacies at a time of rising tension between PBMs and the pharmacies they pay.
By Rebecca Pifer • May 23, 2024 -
Anna Moneymaker via Getty Images
House committee takes aim at healthcare consolidation, eyes site-neutral payments
Equalizing Medicare payment between sites of service to cut down on provider consolidation is a “no brainer,” one witness testified during the hearing.
By Rebecca Pifer • May 23, 2024 -
Illustration: Xavier Lalanne-Tauzia for Industry Dive
Providence posts $360M net income in first quarter, rebounding from years of losses
The nonprofit operator attributed the gain to increased admissions and improved reimbursement rates from payers.
By Susanna Vogel • May 21, 2024 -
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Senate Finance Committee tackles Medicare physician pay reform
On Friday, the committee released a white paper proposing Medicare adjust doctor reimbursement to account for inflation, a key goal for physician lobbies.
By Rebecca Pifer • May 20, 2024 -
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Sponsored by CallRailHow to reduce your patient acquisition costs
Learn how to reduce patient acquisition costs and increase patient lifetime value through effective healthcare marketing strategies in this latest article from CallRail.
May 20, 2024
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