Finance
- Finance
Deloitte agrees to pay Malaysia $80m to settle 1MDB claims
Accountancy firm Deloitte PLT has agreed to pay the Malaysian government $80m to settle claims relating to its auditing of…
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House health leader calls for permanent Medicare telehealth expansions
House health subcommittee chair Rep. Anna Eshoo said Tuesday it’s time to make telehealth flexibilities enacted during the COVID-19 pandemic permanent…
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Industry Voices—Harnessing a watershed moment for real-world data
Across every facet of life, 2020 tested our resolve and resilience. COVID-19 stretched our systems to the breaking point, exposing…
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Alphabet’s Verily joins Highmark, Google Cloud project Living Health
Highmark Health has inked a six-year partnership with Alphabet’s Verily to further build its Living Health model. The team-up builds…
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Quest Diagnostics, 98point6 team up to incorporate patient labs into telehealth
Quest Diagnostics and 98point6 have teamed up to make it easier for patients to connect with a doctor virtually about…
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Congress to investigate One Medical’s vaccination practices: report
Congress is launching an investigation into concierge healthcare provider One Medical following allegations that the company has been administering COVID-19…
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Blue Cross NC saw $200M in COVID-related claims last year
Blue Cross and Blue Shield of North Carolina saw $200 million in claims related to COVID-19 last year, the insurer…
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AMA, ANA call for improved efforts to collect race, ethnicity data on COVID-19 vaccinations
Major healthcare groups are calling for the industry to redouble efforts to collect and report race and ethnicity data when administering…
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Health tech funding snapshot—Zocdoc lands $150M; Cerner, Philips back Carevive
Health technology company Carevive — which developed a platform that helps clinicians create personalized treatment plans for cancer patients –…
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Highmark, HealthNow New York complete affiliation
Highmark has completed its affiliation with HealthNow New York, bringing its membership to more than 6 million and making it…
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PBMs continue war against rebate rule with new campaign
Pharmacy benefit managers are continuing their war against the Trump administration’s rebate rule with a new campaign. The Pharmaceutical Care…
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Allscripts reports $414M in Q4 with strong growth in its Veradigm data business
Allscripts is seeing strong growth in its life sciences data business as the market heats up among large health IT…
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How Networking Helped These Entrepreneurs Take On Finance To Save The Planet
Susana Nunes and Jean-David Bar take on a new financial model of investment with We Do Good. We Do Good…
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Industry Voices—Leveraging business intelligence data to drive next generation co-pay design
Specialty therapies provide a powerful tool to treat patients with cancer and other complex conditions; however, millions of Americans face…
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Insurers urge SCOTUS to take a look at appeals court ruling on ACA cost-sharing reduction payments
Two insurers are urging the Supreme Court to review a lower court decision that they say could prevent many plans…
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Musk Confirms Tesla’s Plant Closure But Denies It Will Last 2 Weeks
Tesla CEO Elon Musk confirms the Fremont plant shut down due to part shortages. Says the production plant is now…
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Cyberattack on Universal Health Services in September cost health system $67M last year
Universal Health Services ended the last year with a $308.7 million profit in the fourth quarter of 2020, it reported in…
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Cigna’s Evernorth to acquire telehealth company MDLive
Cigna will acquire telehealth platform MDLive, the insurer announced Friday morning. Cigna has been a longtime partner of and investor…
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One Medical CEO refutes claims that clinics gave COVID-19 vaccines to ineligible clients
One Medical continues to distribute COVID-19 vaccine doses in partnership with local health departments, which could become a material factor in…
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Less than a third of employers think their well-being, caregiving programs have supported workers through COVID-19
Less than a third of employers believe their wellness and caregiving programs have effectively supported workers during COVID-19, a new…
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Chutes & Ladders—Humana Military names new CMO; VillageMD hires HR chief
Welcome to this week’s Chutes & Ladders, our roundup of hirings, firings and retirings throughout the industry. Please submit the good news—or…
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COVID-19 is exacerbating physician retention and burnout. Here are some tips to address it
COVID-19’s impact on front-line healthcare staff will unfold for years to come, but it appears to have already had an…
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Teladoc’s virtual visits reach 3M during Q4 as revenue grows to $383M
Teladoc’s 2020 revenue reached $1.1 billion as virtual care visits continued to soar. The telehealth giant reported it delivered 10.6…
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This Is What We Did – When Climate Action Is Our Legacy
The climate movement has been strengthened in recent years thanks to the leadership of our youth. Yet, for the first…
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Microsoft updates Cloud for Healthcare with new virtual care, patient monitoring features
Microsoft announced the first updates for its healthcare cloud offering with new virtual care capabilities, remote patient monitoring and care coordination. The…
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Kaufman Hall: Hospitals could lose between $53B and $122B this year due to pandemic
Hospitals could lose between $53 billion and $122 billion due to the lingering effects of COVID-19, depending on the speed…
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One in five women say they want more children now than pre-COVID, Evernorth survey finds
Despite the impacts of COVID-19, a majority of women are still planning to expand their families, according to a new…
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Mobile health apps leak sensitive data through APIs, report finds
“Recovering hacker” Alissa Knight calls personal health information the most valuable data on the dark web. The Knight Ink cybersecurity…
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Innovaccer jumps to unicorn status on heels of latest funding round
Big data healthcare startup Innovaccer has now joined the ranks of digital health unicorns. The San Francisco-based company secured $105…
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Industry Voices—Medicare is going bankrupt. Biden will have to do something to ensure its solvency
Medicare is running out of money. According to the latest projections from the Congressional Budget Office (CBO), the program’s Part…
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OCR lifts HIPAA fines for use of COVID-19 vaccine scheduling tools
Healthcare organizations won’t be penalized for potential HIPAA violations related to the good faith use of online or web-based scheduling applications…
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CVS invested $114M in affordable housing last year. Here’s where those funds went
CVS Health invested more than $114 million in affordable housing last year. The healthcare giant said those investments will lead…
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Cleveland Clinic, Amwell joint venture launches virtual 2nd opinions service
The Cleveland Clinic and telehealth company American Well are offering virtual medical second opinions as part of their telehealth joint venture.…
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AHIP, tech companies create new healthcare AI standard as industry aims to provide more guardrails
Major health plans along with health technology companies like Philips and Ginger collaborated to develop a new standard to advance…
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Are you going to buy or rent a home? Compare options before deciding
It is essential to do it calmly and in advance. Also, know your real estate plan and consult key indicators.…
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Chutes & Ladders—CVS nabs Aetna Medicaid president from Wellcare; CEO named for Cleveland Clinic Abu Dhabi
Welcome to this week’s Chutes & Ladders, our roundup of hirings, firings and retirings throughout the industry. Please submit the good news—or…
Read More » - Health
Uninsured rates among young people dropped under ACA: Urban Institute
Young adults were among the most likely to be uninsured prior to the Affordable Care Act, but the law’s Medicaid…
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Industry Voices—Building ethical algorithms to confront biases: Lessons from Aotearoa New Zealand
New Zealand, an island country of five million people in the Pacific, presents a globally-relevant case study in the application of robust, ethical data science…
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Eden Health banks $60M series C investment to boost collaborative care
National medical practice Eden Health announced Thursday that it raised $60 million in series C funding it plans to use…
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Did a tweet from Elon Musk cause the Bitcoin crash? This is what we know
February 22, 2021 6 min read This article was translated from our Spanish edition using AI technologies. Errors may exist…
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Tesla May Have Made $1B on Its Bitcoin Investment
Tesla’s $1.5 billion bitcoin investment may have already made the automaker a $1 billion profit. Free Book Preview Money-Smart Solopreneur…
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New ONC leader Tripathi says data sharing rules force a ‘culture change’
New data-sharing regulations will soon go into effect that lay the groundwork for patients to have easier access to their health…
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Kaufman Hall: COVID-19 hospitalizations down in January but revenue also in decline
COVID-19 hospitalizations continued to increase at the start of January but declined in the latter half of the month, a…
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COVID-19 costs, care deferrals came back to bite insurers in Q4 2020
While health plans reported sky-high profits in the early parts of 2020 due to care deferred under the pandemic, rising…
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Oscar Health could raise more than $1B in its initial public offering
Oscar Health officially launched its initial public offering on Monday morning. The tech-enabled insurance startup is expecting to make 31…
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Learn the Skills that CFAs Must Know to Help Individuals and Companies Grow
Work toward becoming a Chartered Financial Analyst. Free Book Preview Money-Smart Solopreneur This book gives you the essential guide for…
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Nearly 1,500 EU-based financial services firms seek permission to operate in the UK
Almost 1,500 financial services firms based in the European Union have applied for permission to operate in the UK, according to…
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Community Health Systems posts $311M profit in Q4
Community Health Systems wrapped up the year with $311 million in profit in the fourth quarter of 2020 despite seeing…
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