Accounting & Financial Management
The company has reportedly been hit financially by two recent opioid settlements.
The data shows that the 22% of patients with a diagnosed behavioral condition drive 41% of total healthcare spend.
Fifty-two percent of insured Americans say paying for medical bills creates stress that is affecting their health.
More than half the participating employers have experienced high-cost claims of $2 to $4 million in the last few years.
This could result in a loss of coverage for about 35,000 Georgians, with enrollees in other states affected as well.
Providers and payers save money by having real-time, accurate data, says Madaket CEO Eric Demers.
High expenses have been placing added strain on hospitals as they try to recover from the challenges of the pandemic.
Overall, healthcare costs increased 5.6% this year, and have increased by about 4.8% annually since 2021.
Physician-owned practices reported higher levels of compensation than hospital-owned practices.
There are no assurances CVS will improve its star ratings as CMS makes it harder to achieve four or more stars. CVS says.