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Senate Finance Committee votes to impose drug pricing standards on PBMs

Fierce Healthcare

In a largely harmonious Senate Committee on Finance markup hearing, members supported bipartisan efforts to rein in pharmacy benefit managers (PBMs) that they say operate without transparency to dr | The Senate wants to improve transparency surrounding pharmacy benefit managers and bring down prescription drug prices for the average person.

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Headspace banks $105M in new financing as it eyes potential M&A and expansion of enterprise business

Fierce Healthcare

Digital mental health company Headspace secured $105 million in new debt financing as it eyes opportunities to expand its business with employers and health plans.

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AHA: MedPAC report on hospital finances 'misleading;' recommended 2024 pay bump 'totally insufficient'

Fierce Healthcare

AHA: MedPAC report on hospital finances 'misleading;' recommended 2024 pay bump 'totally insufficient' dmuoio Fri, 03/24/2023 - 15:39

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Banner Health posts turnaround as finances rebound

Health Care Dive

Banner Health's finances are back in the black, though labor costs continue to challenge the Arizona-based system.

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Senate finance committee weighs healthcare AI oversight

Health Care Dive

Lawmakers considered how to prevent artificial intelligence technologies from worsening bias or improperly denying insurance coverage at a hearing on Thursday.

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Providers weigh AI solutions as nursing shortage dings finances: Kaufman Hall

Fierce Healthcare

Providers weigh AI solutions as nursing shortage dings finances: Kaufman Hall fdiamond Thu, 05/25/2023 - 13:24

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Pandemic relief funds saved some hospitals' finances, but unnecessarily bolstered many more

Fierce Healthcare

Relief funding distributed to hospitals across 2020 and 2021 “may have been larger than was necessary for many hospitals,” researchers wrote in a recent review of more than 4,400 hospitals’ financi | A recent Rand Corporation analysis found that 2020/2021 relief funds kept about 30% of hospitals from entering new financial distress.

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