Brian Thompson Lawsuit Alleges Insider Trading in Healthcare Finance
Senators are calling on officials to address the looming physician payment cut with urgency. MultiCare Health System is testing a new AI tool to improve their revenue cycle management. CommonSpirit and the University of Utah Health are joining hands on a new access initiative through strategic planning.
Meanwhile, Cigna has debunked rumors of merging with Humana in the world of capital finance. Federal support is being strengthened to secure the healthcare supply chain post-natural disasters. Furthermore, accounting forecasts see an upgrade in the not-for-profit hospital outlook to neutral, and August saw a decline in health system operating margins affecting budgeting.
The American Heart Association will be embarking on an HCM initiative on quality and safety concerns, while the CFPB warns about illegal tactics employed by medical debt collectors in billing and collections. Denials remain a primary reason for the provider-payer relationship to erode in claims processing.
Elevance is laying off 123 California employees in the context of workforce changes. UAB and Press Ganey have introduced a certificate program for healthcare leaders, focusing on operations. Chatbots in healthcare might inadvertently promote racist misinformation concerning medical devices. Notably, hospitals and physicians have differing opinions on an FTC ruling when it comes to hospital/physician relations.
Yale is on schedule to complete the $838M neurosciences center in construction and facilities management. Compliance and legal issues come to light with Brian Thompson’s inclusion in a lawsuit alleging insider trading. There is a push from lawmakers for the DOJ to probe PBMs across the policy and legislation sector.
Public health initiatives are being redefined, with the AMA advocating for stricter hospital charity care policies related to community benefits and NAACOS extending the ACO REACH program around accountable care. Social determinants of health and technology play a crucial role in advancing value-based care in acute care settings, with patient engagement and the treatment of obesity being key topics elsewhere.
UPMC for You offers Medicaid redetermination coverage in venture laundromats in risk management. The extension of telehealth prescribing of controlled drugs reflects adjustments to policy and Medicaid coverage. In mergers and acquisitions, Addus Homecare wraps up a $350M acquisition of Gentiva.
