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By Healthcare Finance Staff | 10:02 am | June 10, 2011
While many states are dragging their feet on setting up their state health insurance exchanges and their specific structures remain unknown, health plans can nonetheless start work now to address operational and strategic changes they will need to make in order to participate in this new distribution channel.
By Diana Manos | 12:17 pm | June 09, 2011
The Centers for Medicare and Medicaid Services (CMS) announced on Wednesday it will extend the deadline for accountable care organizations that want to apply to be Pioneer ACO models. CMS officials said they are looking for advanced ACO programs to lead the way for ACO development nationwide.
By Healthcare Finance Staff | 11:23 am | June 09, 2011
Optimism among chief financial officers in the United States has fallen, but spending plans indicate continued moderate growth over the next year, according to the most recent Duke University/CFO Global Business Outlook Survey.
By Stephanie Bouchard | 11:21 am | June 09, 2011
A new study looking at U.S. hospital labor costs for nurses explores the comprehensive costs of employing nurses but the American Nurses Association says the study is an incomplete picture.
By Healthcare Finance Staff | 11:59 am | June 08, 2011
WellPoint Inc. announced today that it entered into an agreement to acquire CareMore Health Group, a Medicare Advantage health plan that also operates 26 clinics in select markets in California, Arizona and Nevada.
By Stephanie Bouchard | 11:46 am | June 08, 2011
The State of Michigan is the latest entity to sue San Francisco-based prescription drug wholesaler McKesson Corp., for allegedly artificially inflating prices for certain brand name and generic drugs.
By Chris Anderson | 11:31 am | June 08, 2011
In a turnaround from earlier this year when it requested rate increases of more than 59 percent for some policy holders, Blue Shield of California announced yesterday it would limit its net income to no more than 2 percent of revenue.
By Healthcare Finance Staff | 11:18 am | June 08, 2011
Illinois Department of Healthcare and Family Services (HFS) has realized $262 million in net savings during the fourth year of Your Healthcare Plus, a care management program administered by McKesson.
By Diana Manos | 11:01 am | June 08, 2011
Seventy-six percent of Fortune 50 companies are either in the health industry or have health divisions, according to a new survey.
By Healthcare Finance Staff | 12:17 pm | June 07, 2011
Value-based insurance design (VBID), conceived by a multi-disciplinary faculty team at the university of Michigan, works on the premise of aligning patients' out-of-pocket costs with the value of health services. As applied to benefit plan design, VBID recognizes that different health services have different levels of value.