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Higher expenses were driven by labor and pharmaceutical costs.
Staffing issues and an ongoing nursing shortage continue to cause challenges for the nation's nursing workforce.
Relying on labor from contract staffing firms contributed to higher overall labor expenses, according to the American Hospital Association.
The partners said their deal would pair the health system's established telehealth and hospital-at-home programs with Best Buy's in-home services.
Fast-growing high deductible plans have changed the billing and patient experience, Cohen says.
The transaction is valued at $132 million and is expected to close during the second quarter of this year.
Rising expenses for labor, drugs, and medical supplies are major drivers of the expense increase.
They want the federal government to bolster financial assistance policies and protect people from certain billing and collection practices.
Highmark touted Kinsa's insights, which include prevalence of fever and other symptoms, and how quickly illness is spreading.
Proposed changes to MA risk adjustment would result in an average payment cut of 3.7%, AHIP says in its own comment letter.