The funding, which is through the Centers for Medicare and Medicaid Services (CMS), includes $98.9 million that will help ensure consumers can navigate health insurance enrollment through the Marketplace, Medicaid and the Children’s Health Insurance Program (CHIP).

Hospitals are facing their toughest margins yet, and without the boost of federal funding, 2022 is on pace to be one of the worst financial performances for the space in years.

Alma, a membership-based network focused on mental healthcare, has raised $130 million in a Series D funding round. The network nabbed investments from some big names, including Cigna Ventures.

"In complete contrast over the last decades, we are measuring that healthcare budgets for U.S. employers will come in nearly three times lower than the Consumer Price Index this calendar year. Despite this historic occurrence, employer health costs are expected to increase 6.5[%] in 2023 due to economic inflation pressures," says Debbie Ashford, North America chief actuary for health solutions at Aon.

More than 4 in 10 prescription drug medicine users are concerned that drug spending will lead to bankruptcy or debt.

Three major pharmacy names will have to fork over hundreds of millions of dollars to two Ohio counties for their roles in the opioid epidemic, a judge has ruled.

New investors for this funding round included Kaiser Permanente, a star athlete and social media personalities. 

The act is Biden’s third major piece of legislation to sign into law since the start of his term, and it accomplishes a healthcare task the Democrats have been wanting for years: enabling Medicare to negotiate prescription drug prices.