- New York Attorney General Eric Schneiderman says his office will train state hospitals on ensuring equal access to care for transgender individuals. Perry Halkitis, a professor who studies LGBT health issues at New York University's Global Institute of Public Health, said physicians and hospitals need to think about their facilities and processes, like the need for gender-neutral bathrooms and appropriate forms for patients who may not be comfortable identifying as either male or female.
- St. Louis-based Catholic hospital system Ascension saw its surplus drop nearly 40% in its most recent quarter as investment returns plummeted from a year ago, even though returns on its portfolio are stabilizing. Surplus in the system's third quarter ended March 31 fell to $228.1 million on $5.1 billion in total operating revenue, compared to a $371.5 million surplus on $5 billion in revenue last year. For the first three quarters of its fiscal year, Ascension's surplus plunged 81.5%, almost entirely from declining investment earnings. The system said its performance within most markets, including global equities, has been negative.
- Health insurer HealthPlus of Michigan will sell its Medicaid business to Molina Healthcare in an attempt to salvage the entire company, HealthPlus officials said Friday. The Michigan Department of Financial and Insurance Services sanctioned HealthPlus in March because the insurer was hemorrhaging millions of dollars and did not have enough cash in reserves to meet state requirements. The company's medical claims were consistently exceeding premium revenue as it attracted sicker-than-average members. That same month, the CMS also suspended HealthPlus from enrolling new Medicare Advantage members as a result of not meeting state regulations. HealthPlus hopes divesting its Medicaid assets will allow it to keep its doors open.
NY attorney general seeks equal LGBT care access, and other news
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