Nearly 30 announced hospital deals in the fourth quarter signaled that hospital executives are more comfortable with the virtual due diligence process and that finances have stabilized, M&A experts said.
The newly public price information could shake the industry, equipping insurers and large employers to drive harder bargains with hospitals. Savings eventually could filter down to patients through lower premiums and out-of-pocket costs.
Chip Kahn, president and CEO of the Federation of American Hospitals, talked with Modern Healthcare Managing Editor Matthew Weinstock about what the industry can expect during the early days of the Biden administration.
The penalty resolves alleged HIPAA violations stemming from a data breach that took place from December 2013 to May 2015 and compromised data on 9.3 million people, according to HHS' Office for Civil Rights.
President-elect Joe Biden has tapped Pennsylvania Health Secretary Rachel Levine to be his assistant secretary of health, leaving her poised to become the first openly transgender federal official to be confirmed by the U.S. Senate.
The programs' approaches vary, but they share the goal of trying to comprehend, treat and give credence to patients who cannot get free of the virus that has infected more than 24 million Americans and killed about 400,000.
Proponents say the deal could allow Israel to become the first country to vaccinate most of its population, while providing valuable research that could help the rest of the world. But critics say the deal raises major ethical concerns, including possible privacy violations.
The request is part of the Federal Trade Commission's revamp of its merger retrospective program that they hope will bolster their enforcement of physician practice mergers and hospital acquisitions of physicians.
Healthcare groups criticized CMS for giving them just a few weeks to review and comment on the proposed rule and excluding Medicare Advantage plans from the requirements. The changes will phase in from 2023 through 2024.
As the Biden administration begins its first 100 days, we urge it to keep hospitals’ safety-net role top of mind as it tackles a relentless virus that takes its greatest toll on the people of color and communities these hospitals serve.
A number of prominent health systems have contributed millions of dollars to Heritage Group's third fund. Health systems may be leaning more on investment income given the tough operating environment the pandemic has created.
Providers, states, patient advocates and members of Congress opposed the rule because it would have ramped up federal oversight of how states fund their Medicaid programs and possibly led to significant funding cuts.
CMS on Thursday significantly changed how Affordable Care Act exchanges will run, including allowing states to waive some requirements and use web-based brokers to sell insurance by 2023, moves that insurers and other industry groups have said would essentially privatize the exchanges.