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News You Need to Know Today
Week in Review | June 2, 2018
Saturday, June 2, 2018
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This Week’s News

Senator promotes price transparency, short-term insurance in healthcare plan

Sen. Bill Cassidy, MD, R-Louisiana, released a series of new healthcare proposals that would expand insurance which doesn’t comply with the Affordable Care Act, along with new ideas on requiring price transparency and incentivizing care settings that are less expensive than hospitals.

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Senator promotes price transparency, short-term insurance in healthcare plan

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Sen. Bill Cassidy, MD, R-Louisiana, released a series of new healthcare proposals that would expand insurance which doesn’t comply with the Affordable Care Act, along with new ideas on requiring price transparency and incentivizing care settings that are less expensive than hospitals.
READ MORE >

AMA touts leadership combating opioid epidemic as story labels group a barrier to reforms

The American Medical Association (AMA) released a report on May 31 detailing how “physician leadership” has led to progress fighting the epidemic of opioid abuse and addiction. Just two days earlier, however, a story published by the Daily Beast labeled the AMA as a main roadblock to Congress addressing the prescription of opioids.

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AMA touts leadership combating opioid epidemic as story labels group a barrier to reforms

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The American Medical Association (AMA) released a report on May 31 detailing how “physician leadership” has led to progress fighting the epidemic of opioid abuse and addiction. Just two days earlier, however, a story published by the Daily Beast labeled the AMA as a main roadblock to Congress addressing the prescription of opioids.
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New Jersey, Vermont enact their own individual mandates

New Jersey will maintain the penalty on a statewide level in 2019. Vermont's law will take more time, with a working group tasked with figuring out how to enforce the mandate beginning in 2020.

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New Jersey, Vermont enact their own individual mandates

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New Jersey will maintain the penalty on a statewide level in 2019. Vermont's law will take more time, with a working group tasked with figuring out how to enforce the mandate beginning in 2020.
READ MORE >

5 new members of MedPAC include former ONC chief

The Medicare Payment Advisory Commission (MedPAC) has added five new members, including a former head of the Office of the National Coordinator for Health IT (ONC) and chief medical officers at HCA Healthcare and Geisinger Health System.

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5 new members of MedPAC include former ONC chief

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The Medicare Payment Advisory Commission (MedPAC) has added five new members, including a former head of the Office of the National Coordinator for Health IT (ONC) and chief medical officers at HCA Healthcare and Geisinger Health System.
READ MORE >

S&P: 340B cuts will weaken nonprofit hospitals

The $1.6 billion in cuts to Medicare payments made under the 340B drug discount programs could add to the financial stress of smaller not-for-profit hospitals and health systems, according to Standard & Poor (S&P)’s Global Ratings.

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S&P: 340B cuts will weaken nonprofit hospitals

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The $1.6 billion in cuts to Medicare payments made under the 340B drug discount programs could add to the financial stress of smaller not-for-profit hospitals and health systems, according to Standard & Poor (S&P)’s Global Ratings.
READ MORE >

Athenahealth’s Jonathan Bush staying put after past domestic violence is revealed

Athenahealth CEO Jonathan Bush issued an apology for “regrettable incidents” after it was reported he had admitted to assaulting his now former wife, but he’ll remain CEO of the health IT company as its under pressure to accept a takeover bid from activist hedge fund manager Paul Singer.

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Athenahealth CEO Jonathan Bush at ACHE 2018
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Athenahealth’s Jonathan Bush staying put after past domestic violence is revealed

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Athenahealth CEO Jonathan Bush at ACHE 2018
Athenahealth CEO Jonathan Bush issued an apology for “regrettable incidents” after it was reported he had admitted to assaulting his now former wife, but he’ll remain CEO of the health IT company as its under pressure to accept a takeover bid from activist hedge fund manager Paul Singer.
READ MORE >

WellCare to buy Meridian Health Plans for $2.5B

One of the largest insurers in the U.S. behind the Big Five of UnitedHealthcare, Aetna, Anthem, Cigna and Humana, WellCare would add more Medicaid and Medicare Advantage (MA) members with the purchase of Meridian Health Plans.

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WellCare logo
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WellCare to buy Meridian Health Plans for $2.5B

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WellCare logo
One of the largest insurers in the U.S. behind the Big Five of UnitedHealthcare, Aetna, Anthem, Cigna and Humana, WellCare would add more Medicaid and Medicare Advantage (MA) members with the purchase of Meridian Health Plans.
READ MORE >

California’s rate-setting bill shelved

The legislation, sponsored by California Assemblyman Ash Kalra, a Democrat from San Jose, would have created a state commission to set rates for many medical services currently covered by private insurers in the group and nongroup markets.

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California Assemblyman Ash Kalra
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California’s rate-setting bill shelved

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California Assemblyman Ash Kalra
The legislation, sponsored by California Assemblyman Ash Kalra, a Democrat from San Jose, would have created a state commission to set rates for many medical services currently covered by private insurers in the group and nongroup markets.
READ MORE >

AAMC: Teaching hospitals increased community benefit spending post-ACA

Total community benefit spending increased from $15.3 billion in 2012 to $18.4 billion in 2015—a 20.14 percent jump in terms of the raw dollars and a 15 percent increase after adjusting for inflation.

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AAMC logo
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AAMC: Teaching hospitals increased community benefit spending post-ACA

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AAMC logo
Total community benefit spending increased from $15.3 billion in 2012 to $18.4 billion in 2015—a 20.14 percent jump in terms of the raw dollars and a 15 percent increase after adjusting for inflation.
READ MORE >

Insurers’ secretive deals with hospitals can force patients to pay exorbitant rates

Michael Frank has worked for health insurance companies for decades, doing the actuarial science which determines how much people should pay in monthly premiums. He knows insurers are supposed to be his “advocate” to restrain costs and get him a fair rate—so he was shocked when Aetna agreed to pay $70,000 to NYU Langone Medical Center in New York City for his partial hip replacement.

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NYU Langone Medical Center
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Insurers’ secretive deals with hospitals can force patients to pay exorbitant rates

Share on Twitter Share on Facebook Share on Linkedin
NYU Langone Medical Center
Michael Frank has worked for health insurance companies for decades, doing the actuarial science which determines how much people should pay in monthly premiums. He knows insurers are supposed to be his “advocate” to restrain costs and get him a fair rate—so he was shocked when Aetna agreed to pay $70,000 to NYU Langone Medical Center in New York City for his partial hip replacement.
READ MORE >

CMS’s direct provider contracting model draws mixed response

CMS had requested comments on allowing direct provider contracting (DPC) with Medicare beneficiaries in the form of the alternative payment model. Among major healthcare groups, the response was decidedly mixed, ranging from cautious optimism to telling CMS to focus on other payment reforms.

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CMS’s direct provider contracting model draws mixed response

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CMS had requested comments on allowing direct provider contracting (DPC) with Medicare beneficiaries in the form of the alternative payment model. Among major healthcare groups, the response was decidedly mixed, ranging from cautious optimism to telling CMS to focus on other payment reforms.
READ MORE >

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