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American Telemedicine Association – An Overview of State Regulations
Pending federal legislation is crucial for the future of telehealth, but state regulations are even more important because state laws govern many elements of how physicians practice medicine and how patients receive it.
July 26, 2023
Iowa City Hospital Says Lender’s Actions Amount to ‘Inexcusable’ Threats
Preston Hollow Community Capital, a lender and bondholder for Mercy Hospital-Iowa City, has filed a court petition seeking to have a receiver appointed to safeguard the hospital’s assets. Preston Hollow has also issued a public statement claiming the hospital has defaulted on loan agreements and resisted pressure to put in place a new strategy that might improve Mercy’s financial outlook.
July 26, 2023
Home Care Providers Embracing Medicaid, Turning Away From Private Pay As Costs Rise
Private-pay home care providers generally bill two times more than what they pay caregivers, meaning they can hand off rising costs to the client. But home care providers ultimately see that as an existential threat to their businesses.
July 26, 2023
Nonprofits and Behavioral Health Providers See ‘Tremendous’ Benefits from JV Partnerships
Behavioral health JVs have been steadily on the rise since 2019. In fact, the first few quarters of 2022 alone saw more JV activity than either of the previous two years.
July 26, 2023
AI Medical Record Startup Riddled with Errors uses Humans for Backup
The algorithms often have "hallucinations" and provide false information, including errors in listing medications and introducing "disjointed, nonsensical sentences," according to the report.
July 25, 2023
The Future of Private Practices
According to a report from the American Medical Association, the number of physicians working in private practices decreased by 13 percent between 2012 and 2022.
July 25, 2023
Cigna Sued for Using Algorithms to Allegedly Deny Claims
This is evading the legally required individual physician review process, the lawsuit said.
July 25, 2023
Labor Shortages, Medicaid Redeterminations: These Are the Headwinds Facing Payers, Providers This Year
Analysts expect that the labor issues will pull down hospitals' operating results through 2024, if not longer.
July 25, 2023
Healthcare Bankruptcy Spike Underscores Unique Vulnerabilities
In the first quarter of this year, 17 healthcare companies with more than $10 million in liabilities filed Chapter 11.
July 25, 2023
Cross-Market Health System Mergers to Pick Up Steam
Health systems are expected to continue to identify cross-market mergers with like-minded systems as they aim to generate economies of scale as a tool to fight elevated expense pressures, according to a new report from Fitch Ratings.
July 24, 2023