Health Care Compliance Brief

Patients ‘steered’ toward health systems, more costly treatment after vertical consolidation, study finds

Healthcare Dive

SEPTEMBER 5, 2023

Consolidation between primary care physicians and large health systems led to increased costs per patient, according to a new study published in JAMA.

Mark Cuban Cost Plus Drugs, Expion Health team to address specialty drug costs

Fierce Healthcare

NOVEMBER 27, 2023

Mark Cuban Cost Plus Drug Company has inked its latest partnership, joining forces with Expion Health to address the rising cost of specialty drugs. Mark Cuban Cost Plus Drug Company has inked its latest partnership, joining forces with Expion Health to address the rising cost of specialty drugs.

Health costs grew in line with overall inflation in 2023, new Turquoise data shows

Healthcare Dive

DECEMBER 12, 2023

The findings — some of the first from new price transparency data — illustrate how overall economic inflation could be catching up to faster health cost growth.

Americans Come Together in Worries About Medical Bills, the Cost of Health Care, and Prescription Drug Costs

Health Populi

FEBRUARY 22, 2024

there is still a negative feeling about the economy in a personal context, revealed in the Kaiser Family Foundation Health Tracking Poll for February 2024. Two in 3 people also worry about the cost of gas, utilities, food, and rent. “What does the public care about most when it comes to health care? .

Medical Billing

Medical Billing Health Insurance Health Care Access ACA

Beyond the Dollar: Why Fertility Benefits Are About More Than Financial Support

Speaker: Leslie Neitzel, Chief Human Resource Officer

Care navigation, education, telehealth, and other non-financial benefits are all critical to ensuring positive outcomes and employee experiences — and lowering healthcare costs for employers. Key takeaways: Learn about the common costs and risks employees on fertility health journeys can incur without ongoing support.

Walmart Shutters All 51 Health Centers, Telehealth Offering Citing “Escalating Operating Costs”

HIT Consultant

APRIL 30, 2024

What You Should Know: – Walmart announced today the difficult decision to close all 51 Walmart Health centers and discontinue its virtual care offering. This comes after five years of operation for the health centers. Today we are sharing the difficult decision to close Walmart Health and Walmart Health Virtual Care.

Health costs have grown steadily with inflation: report

Fierce Healthcare

DECEMBER 12, 2023

On the heels of price transparency legislation gaining momentum in Congress, software platform Turquoise Health today revealed data showing health costs did not grow faster than the rate of inflati | Healthcare costs, perhaps surprisingly, have not exceeded the rate of inflation.

Community Health Systems misses Wall Street's EPS consensus as costs outpace revenue, demand growth

Fierce Healthcare

FEBRUARY 20, 2024

Community Health Systems (CHS)’ higher inpatient volumes and reimbursement rates couldn’t outpace rising costs, dragging the for-profit’s fourth-quarter earnings well below its performance in 2022. |

Hospitals

Employers expect health benefit costs to climb 5.4% in 2024

Healthcare Dive

SEPTEMBER 11, 2023

High inflation, labor shortages and industry consolidation contributed to the projected increase, according to a new survey of employers from consultancy Mercer.

Average per-worker cost of health benefits rose by 5.2% in 2023: survey

Healthcare Dive

NOVEMBER 22, 2023

Inflation is a contributor to the increase, but rising prescription drug costs are likely to have a longer-term impact, according to a Mercer report.

Elation Health, Surescripts partner to provide medication cost, coverage details during patient visits

Fierce Healthcare

JANUARY 25, 2024

Elation Health, a company that developed electronic medical record technology for primary care clinicians, is expanding its partnership with Surescripts to bring more transparency around prescripti | Elation Health integrated Surescripts' real-time prescription benefit tool directly into its EHR to give providers access to patient-specific medication (..)

Electronic Medical Records

Upswing Health combines AI and telehealth to improve MSK care and cut costs

Healthcare IT News - Telehealth

NOVEMBER 27, 2023

Dr. Steve Schutzer, an orthopedic surgeon for 34 years, is working on this pain point as cofounder and COO of Upswing Health, a virtual clinic for MSK/orthopedic problems. The total addressable MSK market is now approaching $800 billion in aggregate direct and indirect cost annually. "This has created a massive burden on the U.S.

Doctors

Doctors COVID-19 Telemedicine

CommonSpirit Health Says Ransomware Attack Likely to Cost $160 Million

HIPAA Journal

MAY 25, 2023

CommonSpirit Health has provided an updated estimate on the cost of its October 2022 ransomware attack, which is expected to increase to $160 million. The ransomware attack was detected by CommonSpirit Health on October 2, 2022, forcing systems to be taken offline. billion, and $25.6 billion for the 9 months to March 31.

Ransomware

Ransomware HIPAA Hospitals

Health spending spikes in Massachusetts amid high drug expenses, unprecedented patient cost sharing, regulator warns

Fierce Healthcare

MARCH 14, 2024

Pharmaceutical costs, non-claims payments and outpatient care fueled “unchecked” healthcare spending in Massachusetts that's increasingly being felt by its residents, according to new findings from | The Bay State's healthcare cost growth benchmark program is calling for policy action after a report showed per-person health spending well (..)

Mark Cuban Cost Plus Drugs teams with Posterity Health on male fertility

Fierce Healthcare

JUNE 28, 2023

Mark Cuban Cost Plus Drug Company has announced its latest move, with the firm stepping into the male fertility space in partnership with Posterity Health. Mark Cuban Cost Plus Drug Company has announced its latest move, with the firm stepping into the male fertility space in partnership with Posterity Health.

Wasteful administrative costs tied to high US health spending

Healthcare Dive

OCTOBER 11, 2022

A Health Affairs research brief identified at least half of nonclinical health expenditures as excessive.

Financial Stress and Mental Health: Considering the New $24,000 Health Plan Cost from KFF

Health Populi

OCTOBER 22, 2023

There is growing evidence on the connection between people’s financial health and their mental health, explored and explained in Understanding the Mental-Financial Health Connection , a study published by the Financial Health Network. consumers said paying a health care bill was stressful.

Health Insurance

Health Insurance Medical Billing

The Growing Pet Economy – What It Means for Human Health, Well-Being, and Healthcare Costs

Health Populi

MAY 25, 2023

Our pets can be personal and family drivers of health and health care cost savings, according to a new study from according to a new report from researchers at George Mason University published in their paper, Health Care Cost Savings of Pet Ownership. bn savings attributable to obesity reduction, s1.8

COVID-19

COVID-19 Telemedicine Doctors

Rising Healthcare Costs: How Health Plans Can Help Members Navigate

Healthcare IT Today

APRIL 12, 2023

The following is a guest article by Jake Sattelmair, EVP and General Manager at Wellframe , a HealthEdge company Healthcare costs are on the rise in the United States, posing significant challenges for individuals, employers, and health plans.

Health Insurance

Health Insurance Health Outcomes Hospitals Telemedicine

Can price transparency drive down health costs? The jury is still out

Fierce Healthcare

JULY 11, 2023

Price transparency has been a key focus for policymakers looking to address rising health costs, but experts say breaking through that black box won't solve the problem wholesale.

Community Health Systems to buy drugs from Mark Cuban Cost Plus

Healthcare Dive

MARCH 8, 2024

CHS is the first national health system to partner with the billionaire’s drug distribution company. Epinephrine and norepinephrine are the first two drugs included in the purchasing deal.

Expion Health and Cost Plus Drugs Partner to Combat Soaring Specialty Drug Costs

HIT Consultant

NOVEMBER 28, 2023

Expion Health, a provider of dynamic pricing strategies collaborates with Mark Cuban Cost Plus Drug Company, PBC (Cost Plus Drugs).

Select Health, Mark Cuban team to lower prescription drug costs

Mobi Health News

SEPTEMBER 21, 2023

Salt Lake City-based Select Health and its pharmacy benefits manager Scripius will be one of the first health plans in the U.S. to provide member access to Mark Cuban Cost Plus Drug Company, meaning members will have direct access to the prescription drug service.

Intermountain's Select Health joins forces with Mark Cuban Cost Plus Drugs

Fierce Healthcare

SEPTEMBER 19, 2023

Select Health, a subsidiary of Intermountain Healthcare, and its pharmacy benefit manager Scripius are teaming up with Mark Cuban Cost Plus Drug Company to offer its members access to more affordab | Select Health members will have access to more than 1,000 prescription products, including those for high blood pressure, certain cancers, dementia, asthma, (..)

Wheel partners with Talkspace, Cost Plus Drugs and Health Gorilla to build out virtual care network

Fierce Healthcare

MARCH 7, 2024

Austin, Texas-based Wheel continues to build out its health tech partnerships to integrate more virtual care capabilities into its platform. The company has added three big healthcare players— | Austin, Texas-based Wheel continues to build out its health tech partnerships to integrate more virtual care capabilities into its platform.

Solera Health Expands its Curated Network to Help Payers and Employers Address High-Cost Cardiometabolic Disease

HIT Consultant

APRIL 17, 2024

What You Should Know: – Solera Health , the premier technology platform for connecting people seamlessly and easily to health solutions that work, today announced the latest expansion of the Solera HALO™ platform, a next-generation omni-condition management solution.

Employer health costs expected to rise 6.5% next year, report finds

Healthcare Dive

AUGUST 18, 2022

The predicted rise, while a jump from the year prior, is still far below the 9.1% Consumer Price Index, a figure reflecting inflation.

Employers estimate health benefits costs will rise 5.4% next year: Mercer

Fierce Healthcare

DECEMBER 8, 2022

Employers estimate health benefits costs will rise 5.4% next year: Mercer. Thu, 12/08/2022 - 15:20.

Health Care Finance Leaders Look to Cut Costs and Improve Patients’ Financial Experience — Think AI and Venmo

Health Populi

OCTOBER 17, 2023

One half-of health care financial leaders plan to invest in technology to cut costs — and most believe that AI has the potential to re-define the entire finance function as they look to Leading the transformation, a study conducted by U.S. health finance leaders thinking about emerging technologies. Bank among U.S.

Medical Billing

Medical Billing Hospitals

Virtual sitters at Lee Health guard against danger to patients, help trim costs

Healthcare IT News - Telehealth

APRIL 4, 2023

Historically, Lee Memorial Health System, based in Fort Myers, Florida, has had a program to help observe patients who were potentially at risk of hurting themselves while in its facilities. " PROPOSAL When Lee Health embarked upon a technological proposal, it wanted to do a small pilot to prove the concept worked.

Nurses

Nurses Telemedicine Compliance

Pager Health's 3 new AI tools for payers could eliminate administrative costs

Fierce Healthcare

APRIL 2, 2024

Virtual care navigation platform Pager Health has built three new enterprise tools using Google Cloud generative AI technology to better support its payer partners. Pager Health revealed three new tools for payers powered by Google on Wednesday.

Arine, Gemini Health Partner to Optimize Medications While Lowering Prescription Drug Costs

HIT Consultant

OCTOBER 26, 2022

What You Should Know: – Arine – a next-generation medication intelligence company – and Gemini – a drug cost transparency platform – announced an integration that supports Blue Shield of California (Blue Shield) by combining each platform’s unique technology to deliver value-based care. ” .

Health Care Costs for a Couple in Retirement in the U.S. Reach $300,000

Health Populi

MAY 10, 2021

To pay for health care expenses, the average nest-egg required for a couple retiring in the U.S. in 2021 will be $300,000 according to the 20th annual Fidelity Investments Retiree Health Care Cost Estimate. The post Health Care Costs for a Couple in Retirement in the U.S.

COVID-19

COVID-19 Health Insurance Medicare Medicare

Finances of older Americans being dinged by high health costs, survey finds

Healthcare Dive

JUNE 15, 2022

It’s the latest picture of how exorbitant healthcare costs in the U.S. are increasingly impacting the financial stability of Americans, especially older adults.

Deaconess Health RPM program reduces cost of care by $7.4 million

Healthcare IT News - Telehealth

JULY 12, 2021

Deaconess Health System had been an early adopter of remote patient monitoring (RPM) technology when it was first introduced a decade ago, but manual data extraction left the impact of the program difficult to quantify. "And accomplishing both of those would also have a positive financial impact on the health system."

Patient Satisfaction

Patient Satisfaction Hospitals

Trinity Health credits cost-cutting for trimmed $58.6M operating loss in fiscal 2024's opening quarter

Fierce Healthcare

DECEMBER 5, 2023

Higher volumes and cost-cutting programs allowed Livonia, Michigan-based Trinity Health to trim its operating losses in the first quarter of its 2024 fiscal year. | The large Catholic nonprofit continues to target labor cost drivers with investments in a virtual care model and internal staffing.

Ransomware attack cost UVM Health $65M

Becker's Health IT

OCTOBER 13, 2023

A 2020 ransomware attack at the Burlington-based University of Vermont Health Network compromised 1,300 servers and cost the health system $65 million, local news outlet WCAX reported Oct.

Ransomware

Patients, Nurses and Doctors Blame Health Insurers for Increasing Costs and Barriers to Care

Health Populi

JULY 17, 2023

Most patients, nurses and doctors believe that health insurance plans reduce access to health care which contributes to clinician burnout and increases costs, based on three surveys conducted by Morning Consult for the American Hospital Association (AHA).

Health Insurance

Health Insurance Nurses Doctors Health Care Access

KFF: Preventable COVID hospitalizations among unvaccinated cost U.S. health system $2.3B

Fierce Healthcare

AUGUST 23, 2021

KFF: Preventable COVID hospitalizations among unvaccinated cost U.S. health system $2.3B. Mon, 08/23/2021 - 16:01.

Hospitals

The Economics of the Pandemic Put Costs at the Top of Americans’ Health Reform Priorities

Health Populi

MARCH 4, 2021

In 2021, patients-as-health-consumers seek lower health care and prescription drug costs coupled with higher quality care, discovered by the patient advocacy coalition, Consumers for Quality Care. 90% conducted research into health care costs. 59% chose their health care provider based on cost.

COVID-19

COVID-19 Health Insurance Patient Advocacy Public Health

Health system hospitals, physicians deliver 'marginally' better care at higher cost than independent peers: study

Fierce Healthcare

JANUARY 25, 2023

Health system hospitals, physicians deliver 'marginally' better care at higher cost than independent peers: study dmuoio Wed, 01/25/2023 - 13:52

Hospitals

Houston FQHC to deploy AI-based mental health support at no cost

Healthcare IT News - Telehealth

NOVEMBER 13, 2023

The Federally Qualified Health Center Community Health Network, operating in Brazoria, Harris and Galveston counties in Texas, has partnered with Wysa to integrate its artificial intelligence-guided mental health platform to offer adjunctive behavioral health support throughout patient care journeys and give clinicians and administrators insights.

Hospitals

Solera Health Expands HALO Platform to Tackle High-Cost Specialty Care with Virtual Specialists

HIT Consultant

JANUARY 4, 2024

What You Should Know: – Solera Health, a leading healthcare technology platform, today announced a significant expansion of its HALO Platform. These conditions, when left unmanaged, can lead to skyrocketing healthcare costs. “Value-based care has made significant strides in tackling the broken elements of the U.S.

Health Outcomes

Circle Medical says $14M from WELL Health will enable low-cost telehealth app usage

Healthcare IT News - Telehealth

SEPTEMBER 3, 2020

million from the Canadian firm WELL Health Technologies. The cash, says the company, will allow Circle and WELL to offer 200 million people in the United States support for the use of Circle's telehealth app either for no cost or a small co-pay. The telehealth platform is currently available for use in 35 states.

COVID-19

COVID-19 Licensing

Patients ‘steered’ toward health systems, more costly treatment after vertical consolidation, study finds

Mark Cuban Cost Plus Drugs, Expion Health team to address specialty drug costs

Trending Sources

Health costs grew in line with overall inflation in 2023, new Turquoise data shows

Americans Come Together in Worries About Medical Bills, the Cost of Health Care, and Prescription Drug Costs

Beyond the Dollar: Why Fertility Benefits Are About More Than Financial Support

Walmart Shutters All 51 Health Centers, Telehealth Offering Citing “Escalating Operating Costs”

Health costs have grown steadily with inflation: report

Community Health Systems misses Wall Street's EPS consensus as costs outpace revenue, demand growth

Employers expect health benefit costs to climb 5.4% in 2024

Average per-worker cost of health benefits rose by 5.2% in 2023: survey

Elation Health, Surescripts partner to provide medication cost, coverage details during patient visits

Upswing Health combines AI and telehealth to improve MSK care and cut costs

CommonSpirit Health Says Ransomware Attack Likely to Cost $160 Million

Health spending spikes in Massachusetts amid high drug expenses, unprecedented patient cost sharing, regulator warns

Mark Cuban Cost Plus Drugs teams with Posterity Health on male fertility

Wasteful administrative costs tied to high US health spending

Financial Stress and Mental Health: Considering the New $24,000 Health Plan Cost from KFF

The Growing Pet Economy – What It Means for Human Health, Well-Being, and Healthcare Costs

Rising Healthcare Costs: How Health Plans Can Help Members Navigate

Can price transparency drive down health costs? The jury is still out

Community Health Systems to buy drugs from Mark Cuban Cost Plus

Expion Health and Cost Plus Drugs Partner to Combat Soaring Specialty Drug Costs

Select Health, Mark Cuban team to lower prescription drug costs

Intermountain's Select Health joins forces with Mark Cuban Cost Plus Drugs

Wheel partners with Talkspace, Cost Plus Drugs and Health Gorilla to build out virtual care network

Solera Health Expands its Curated Network to Help Payers and Employers Address High-Cost Cardiometabolic Disease

Employer health costs expected to rise 6.5% next year, report finds

Employers estimate health benefits costs will rise 5.4% next year: Mercer

Health Care Finance Leaders Look to Cut Costs and Improve Patients’ Financial Experience — Think AI and Venmo

Virtual sitters at Lee Health guard against danger to patients, help trim costs

Pager Health's 3 new AI tools for payers could eliminate administrative costs

Arine, Gemini Health Partner to Optimize Medications While Lowering Prescription Drug Costs

Health Care Costs for a Couple in Retirement in the U.S. Reach $300,000

Finances of older Americans being dinged by high health costs, survey finds

Deaconess Health RPM program reduces cost of care by $7.4 million

Trinity Health credits cost-cutting for trimmed $58.6M operating loss in fiscal 2024's opening quarter

Ransomware attack cost UVM Health $65M

Patients, Nurses and Doctors Blame Health Insurers for Increasing Costs and Barriers to Care

KFF: Preventable COVID hospitalizations among unvaccinated cost U.S. health system $2.3B

The Economics of the Pandemic Put Costs at the Top of Americans’ Health Reform Priorities

Health system hospitals, physicians deliver 'marginally' better care at higher cost than independent peers: study

Houston FQHC to deploy AI-based mental health support at no cost

Solera Health Expands HALO Platform to Tackle High-Cost Specialty Care with Virtual Specialists

Circle Medical says $14M from WELL Health will enable low-cost telehealth app usage

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