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Kaiser's profit rebounds to $2 billion in first quarter
Posted on Friday, May 07, 2021Kaiser Permanente benefited from stronger investment returns in the first quarter of 2021, but continues to shoulder higher expenses related to COVID-19.
CMS warns hospitals that aren't disclosing payer-negotiated prices
Posted on Friday, May 07, 2021Hospitals have up to 90 days to correct issues identified in the warning letter. If they don't follow through, CMS could penalize or publicly name and shame them.
Unsure vaccine waiver will help, some leaders urge exports
Posted on Friday, May 07, 2021While activists and humanitarian groups have cheered the Biden administration's decision and urged others to follow suit, European Union leaders have taken the U.S. to task for not sharing more vaccines with the rest of the world.
Pharmacy services, Medicare Advantage bump Cigna's revenue up 6.5% year-over-year
Posted on Friday, May 07, 2021Strong performance in Cigna Corp.'s Evernorth health services division, investment portfolio and low member medical costs at the end of last year increased the company's revenue 6.5% year-over-year during the first quarter of 2021.
Dignity Health pays $10 million to settle fraud allegations
Posted on Friday, May 07, 2021Phoenix-based St. Joseph's Hospital, which is operated by Dignity's neurosurgeons, allegedly performed concurrent surgeries even though it billed Medicare for separate procedures.