Search

Entries in Current News (112)

Friday
Feb162018

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

 

Trump health chief supports CDC research on gun violence

Secretary of Health and Human Services Alex Azar said Thursday that he would allow his department to conduct research into the causes of gun violence, a major Democratic priority.

The Hill

Friday, February 16, 2018

HHS May Nix Reporting Requirements for Value-Based Care Program, Azar Says

Health and Human Services Secretary Alex Azar told the Senate Finance Committee Thursday that he wants to reduce or possibly eliminate reporting requirements for physicians to participate in the Merit-based Incentive Payment System, also known as MIPS.

Morning Consult

Thursday, February 15, 2018

US spending on health care estimated to reach $5.7 trillion in 2026

Spending on health care in the U.S. will grow faster than the overall economy for the foreseeable future, according to a government report released Wednesday.

The Hill

Wednesday, February 14, 2018

Idaho Blue Cross Jumps Into Controversial Market For Plans That Bypass ACA Rules

It’s barely been two weeks since Idaho regulators said they would allow the sale of health insurance that does not meet all of the Affordable Care Act’s requirements — a controversial step some experts said would likely draw legal scrutiny and, potentially, federal fines for any insurer that jumped in.

Kaiser Health News

Wednesday, February 14, 2018

Cost Of U.S. Opioid Epidemic Since 2001 Is $1 Trillion And Climbing

The opioid epidemic has cost the U.S. more than a trillion dollars since 2001, according to a new study, and may exceed another $500 billion over the next three years.

NPR

Tuesday, February 13, 2018

 

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members. 

Friday
Feb092018

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition
 

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

 

Trump Proposes Reduction of Drug Costs Under Medicare

President Donald Trump will propose lowering prescription drug costs for Medicare beneficiaries by allowing them to share in rebates that drug companies pay to insurers and middlemen, an administration official said.

The Associated Press

Friday, February 9, 2018

Tax Bill Sows Confusion for Nonprofit Hospitals

The $1.5 trillion tax cut bill passed late last year is bringing a windfall of money to many healthcare companies, but there's also an equal amount of confusion, reported the Wall Street Journal.

Healthcare Dive

Wednesday, February 7, 2018

Amazon: How Its Strengths Could Help It in Health Care

This month’s news that Amazon.com—along with JPMorgan Chase and Berkshire Hathaway—is getting into the health care business has sparked plenty of speculation about what the effort might do and how it might shake up the industry.

Barron's Next

Wednesday, February 7, 2018

Community Health Centers Caught In ‘Washington’s Political Dysfunction’

As lawmakers face another deadline this week for passing legislation to keep the federal government open, one of the outstanding issues is long-term funding for a key health care safety-net program.

Kaiser Health News

Monday, February 5, 2018

Disrupted: American Healthcare has Reached its Tipping Point

American healthcare has reached a tipping point. Look no further for proof than the insiders and outsiders who are linking up to disrupt the long-stagnant, cost-ridden industry that's eating up nearly a fifth of the nation's gross domestic product.

Modern Healthcare

Saturday, February 3, 2018

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members.

 
Friday
Feb022018

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

 

Republicans give up on Obamacare repeal

Though the GOP still controls both chambers of Congress and maintains the ability to jam through a repeal-and-replace bill via a simple majority, there are no discussions of doing so here at House and Senate Republicans’ joint retreat at The Greenbrier resort.

Politico

Thursday, February 1, 2018

Indiana's Brand Of Medicaid Drops 25,000 People For Failure To Pay Premiums

As the Trump administration moves to give states more flexibility in running Medicaid, advocates for the poor are keeping a close eye on Indiana to see whether such conservative ideas improve or harm care.

NPR

Thursday, February 1, 2018

Expert Advice For The Corporate Titans Taking On Health Care

An announcement Tuesday by three of the nation’s corporate titans — Amazon, Berkshire Hathaway and JPMorgan Chase & Co. — that they are joining forces to address the high costs of employee health care has stirred the health policy pot. It immediately sent shock waves through the health sector of the stock market and reinvigorated talk about health care technology, value and quality.

Kaiser Health News

Wednesday, January 31, 2018

Drug distributors shipped 20M pain pills to town of 3,000 people in West Virginia

Drug distributors poured 20.8 million pain pills into a West Virginia town of 3,000 people over a 10-year period, according to information released Tuesday as part of a congressional probe into the opioid crisis. The out-of-state companies shipped the painkillers to two pharmacies four blocks apart in Williamson, W.Va., from 2006 to 2016.

The Hill

Tuesday, January 30, 2018

Health system mergers in the U.S. at record high

Hospital and health system mergers set a record in 2017, with a new report saying networks of care providers bulked up to offer a broader range of services and prepare for new contracts that ask health systems to take financial risk.

Star Tribune

Monday, January 29, 2018

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members.

 

Friday
Jan262018

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

Big Pharma Greets Hundreds Of Ex-Federal Workers At The ‘Revolving Door’

Alex Azar’s job hop from drugmaker Eli Lilly to the Trump administration reflects ever-deepening ties between the pharmaceutical industry and the federal government.
Kaiser Health News
Thursday, January 25, 2018

Post-Acute Care Providers Upset Over Being Left Out of Bundled-Payment Test Program

A Trump administration initiative to change how Medicare pays health care providers excludes some of the most enthusiastic backers of a similar Obama-era program – post-acute care providers such as nursing homes and home health agencies.
Morning Consult
Tuesday, January 23, 2018

GAO: CMS Needs More Data to Manage Medicare Opioid Risks

The Government Accountability Office (GAO) has recommended that CMS should collect additional data on Medicare beneficiary opioid risks, including the number of beneficiaries with high-dose opioid prescriptions, the number of providers that overprescribe opioids, and available health plan data on overprescribing indicators.
HealthPayer Intelligence
Tuesday, January 23, 2018

Congress delays medical device tax for two years

Almost no one got everything they wanted out of the Monday deal to reopen the government — except perhaps medical device companies, who managed to fend off an industry-wide excise tax before the first payments were due.
Stat News
Monday, January 22, 2018

CHIP Renewed For Six Years As Congress Votes To Reopen Federal Government

A brief, partial shutdown of the federal government was resolved Monday, as the Senate and House approved legislation that would keep federal dollars flowing until Feb. 8, as well as fund the Children’s Health Insurance Program for the next six years.
Kaiser Health News
Monday, January 22, 2018

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members.

Friday
Jan192018

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

By Claire Thayer, January 19, 2018

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

Shutdown Looms; Blame Game Already in Full Swing

A bitterly divided Congress hurtled toward a government shutdown this weekend in a partisan stare-down over demands by Democrats for a solution on politically fraught legislation to protect about 700,000 younger immigrants from being deported.
The Associated Press
Friday, January 19, 2018

Trump again targets drug policy office, proposing 95 percent budget cut

President Donald Trump is planning to slash the budget of the Office of National Drug Control Policy, in what marks his administration’s second attempt to gut the top office responsible for coordinating the federal response to the opioid crisis.
Politico
Thursday, January 18, 2018

Four health systems band together to create generic-drug company

Four health systems have joined forces to create a not-for-profit generic-drug company with the goal of creating cheaper, more accessible pharmaceuticals for patients than are currently available on the market.
Modern Healthcare
Thursday, January 18, 2018

UnitedHealth expects $1.7B windfall from tax law

UnitedHealth Group, the country’s largest insurer, will gain $1.7 billion in additional earnings in 2018 because of the GOP tax bill, the company’s CEO said Tuesday.
The Hill
Tuesday, January 16, 2018

U.S. healthcare uninsured rises most in near decade: Gallup

The number of Americans without healthcare insurance rose by 3.2 million people between 2016 and 2017, or 1.3 percentage points to 12.2 percent, according to a Gallup poll released on Tuesday, the biggest jump in the uninsured rate in nearly a decade.
Reuters
Tuesday, January 16, 2018

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members.

Friday
Jan122018

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

 

Health Insurer Centene Is Sued Over Lack of Medical Coverage

People who bought policies from Centene, a large for-profit health insurance company, filed a federal lawsuit on Thursday claiming the company does not provide adequate access to doctors in 15 states.

The New York Times

Thursday, January 11, 2018

Legislators say they are close to CHIP deal

Republicans and Democrats in Congress have said they are close to approving a long-term funding deal for the Children's Health Insurance Program, which could come as soon as next week, according to The Hill. CHIP provides insurance for nearly 9 million low-income children across the nation.

Becker's Hospital Review

Thursday, January 11, 2018

Trump administration to let states adopt Medicaid work requirements

The Trump administration told U.S. states on Thursday they can for the first time move toward imposing work or job training requirements on people as a condition for obtaining health insurance under the Medicaid government program for the poor.

Reuters

Thursday, January 11, 2018

The impact of Medicaid expansion on hospital closures

Medicaid expansion significantly decreased the number of people without insurance, and in turn may have prevented some cash-strapped hospitals from closing, according to a new study.

Fierce Healthcare

Tuesday, January 9, 2018

Drug Overdose Deaths Soar Nationally But Plateau In Some Western States

The opioid crisis on the East Coast and in the Midwest has fueled a national surge in drug deaths, even as fatal overdoses have decreased or remained stable in parts of the West, new federal data show.

Kaiser Health News

Monday, January 8, 2018

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members. 

Friday
Jan052018

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

By Claire Thayer, January 5, 2017

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

Trump poised to take action on Medicaid work requirements

The Trump administration is preparing to release guidelines soon for requiring Medicaid recipients to work, according to sources familiar with the plans, a major shift in the 50-year-old program.
The Hill
Friday, January 5, 2018

Trump Administration Rule Paves Way For Association Health Plans

The Department of Labor on Thursday released proposed new rules that proponents say will make it easier for businesses to band together in “associations” to buy health insurance.
Kaiser Health News
Thursday, January 4, 2018

White House greenlights CMS' crackdown on Medicare Advantage plans

The White House has signed off on the CMS' proposal to ensure Medicare Advantage plans have adequate provider networks. Starting next year, the CMS will start reviewing Medicare Advantage networks on three-year cycles rather than only when a company applies to be or renews their status in the program.
Modern Healthcare
Wednesday, January 3, 2018

HHS updates rule on sharing patient substance use history

HHS issued a final rule Wednesday to ease the exchange of information on patients' substance use history between providers, insurers and third parties involved in the payment or delivery of care. The update to HHS' Substance Abuse and Mental Health Services Administration's regulatory rules aims to eliminate red tape that can slow the reimbursement process and impede timely access to care.
Becker's Hospital Review
Wednesday, January 3, 2018

Hospital groups dig in after cuts to discount drug program

Hospital groups are vowing to push forward with a fight against the Trump administration over changes to a federal drug discount program following a setback last week.
The Hill
Tuesday, January 2, 2018

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members.

Friday
Dec152017

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition
 

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

 

Good Deals for Some, Sticker Shock for Others As ACA Enrollment Winds Down

In most states, Friday night is the last chance to sign up for Affordable Care Act health insurance for 2018. The enrollment period is half as long as last year’s, and it got just a fraction of the marketing budget to tell consumers that.

Kaiser Health News

Friday, December 15, 2017

HHS greenlights secret pilot for Medicare Advantage to get real-time access to patient discharge records

The Department of Health and Human Services' Office of the Inspector General has given permission for a drug company to start a pilot program that will allow a private Medicare Advantage plan real-time access to a hospital's electronic patient discharge records, according to an HHS letter posted December 11.

Healthcare Finance

Wednesday, December 13, 2017

Hospitals Are Merging to Face Off With Insurers

A spate of hospital deals stands to further remake the U.S. health-care landscape, pushing up prices for consumers and insurers and changing how individuals get care. Just this month, health systems with at least 166 hospitals and $39 billion in combined annual revenue have announced merger plans.

Bloomberg

 

Physicians argue Anthem's ER policy violates federal law

Physicians are concerned about a new policy Anthem is rolling out in Indiana in January, according to WBOI. Under the new policy, which is already effective in three other states, Anthem will review diagnoses after members' emergency room visits. If the condition is determined to be nonemergent, Anthem may not cover the ER visit.

Becker's Hospital Review

Monday, December 11, 2017

8.8 million Americans face big tax hike if Republicans scrap the medical deduction

Anne Hammer is one of millions of elderly Americans who could face a substantial tax hike in 2018 depending on the final negotiations over the Republican tax bill. In her retirement community in Chestertown, Md., it’s the big topic of conversation.

The Washington Post

Sunday, December 10, 2017

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members.

 
Friday
Dec082017

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition
 

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

 

House tax writers weigh plan to suspend Obamacare insurer tax

House Republican tax writers are considering delaying Obamacare's health insurance tax for only limited markets next year, leaving out small businesses and possibly private Medicaid plans, according to sources on and off Capitol Hill. They would suspend it for all markets in 2019.

Politico

Thursday, December 7, 2017

Hospitals Find Asthma Hot Spots More Profitable To Neglect Than Fix

Months of reporting and rich hospital data portray life in the worst asthma hot spot in one of the worst asthma cities: Baltimore. The medical system knows how to help. But there’s no money in it.

Kaiser Health News

Wednesday, December 6, 2017

Providers See CMS Continuing Value-Based Care Push Despite Project Rollbacks

Though the Trump administration last week rolled back several Obama-era projects designed to shift the U.S. health care system away from fee-for-service care to models that pay doctors and hospitals based on the quality of care, industry groups believe the government is likely to continue with the push toward value-based care.

Morning Consult

Tuesday, December 5, 2017

States get big Medicaid savings from social services, outreach to sickest patients

Some states have achieved dramatic savings in health care costs for their sickest Medicaid patients by providing intensive one-on-one assistance and social services that help the patients better address their multiple, overlapping ailments.

USA Today

Tuesday, December 5, 2017

CVS likely wants FTC antitrust review, not Justice Department, of Aetna deal

It is uncertain who in the U.S. government will carry out an antitrust review of CVS Health Corp’s (CVS.N) deal to buy health insurer Aetna Inc (AET.N), but the drugstore company is likely hoping the potentially more lenient Federal Trade Commission gets the nod, antitrust experts say.

Reuters

Tuesday, December 5, 2017

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members.

 
Monday
Dec042017

The President’s Commission on Combating Drug Addiction and the Opioid Crisis

Sandhya Gardner, MD, Chief Medical Officer, Relias, December 4, 2017

There has been no shortage of attention given to the current opioid abuse and overdose epidemic sweeping the U.S. Near-daily media reports highlight the staggering number of people who are addicted to prescription and illicit opioids and who die from them daily. Nor have suggested remedies been neglected. Federal regulatory agencies, including the FDA and the CDC, professional medical associations, public health organizations, the insurance industry, and others have all recently issued new guidelines and policies on the proper administration of opioids and the treatment of individuals with opioid addiction.

Despite, or perhaps because of this attention, the President’s Commission report was eagerly anticipated. When released in final form on November 1, 2017, the report was widely praised for its comprehensive attention to the many factors that have combined to create the perfect storm that is today’s opioid crisis. There were reservations, however, because the Commission did not recommend any specific funding amounts to implement its recommendations. Moreover, President Trump’s decision to declare the opioid epidemic a public health crisis rather than a national health emergency also meant that no new funding has yet been allocated. The President’s Commission did advocate, however, that an unspecified amount of increased resources be put towards implementing its 56 recommendations.

We will highlight some critique and opinions about these recommendations specifically for healthcare providers and prescribers, organizations, funders and insurers, government and law enforcement agencies, and patients.

Providers and prescribers will see that the recommendations are largely extensions of current practice and therefore are relatively unsurprising. Adopting policies to ensure that patients give informed consent before receiving an opioid is consistent with current practice standards. Physicians should of course always discuss risks, benefits, and alternatives of any intervention they recommend for their patients. The concern here is that the informed consent procedure policies adopted be balanced. Opioids are proven effective analgesics for both acute and, in some instances, chronic pain and there are patients for whom they are clearly indicated. Informed consent procedures should, therefore, not be designed to frighten or discourage patients who need opioids.

Noteworthy, although not a departure from current policies and recommendations, is standardizing guidelines and extending them to specialists. Right now, there is a patchwork of opioid prescribing guidelines that have been created by multiple agencies. Many of them apply only to primary care providers. Currently, some states, like New York, have mandatory opioid continuing education requirements for relicensing and require that prescribers consult the state’s on-line Prescription Drug Monitoring Program (PDMP) before prescribing an opioid. These requirements would be extended to all states and a standardized national opioid prescribing curriculum would be created. It is unclear how effective continuing education programs are in improving opioid prescribing practices, so the benefits must be weighed against the burden it places upon physicians who must spend time taking more courses. Similarly, although there is some evidence that PDMP use reduces opioid abuse, it remains unknown whether this will have a significant effect in stemming opioid abuse.

Physician groups have complained that questions about how pain was handled that are included in patient satisfaction surveys contribute to unnecessary opioid prescribing. Fearing that negative reviews will be held against them; physicians report feeling pressured to prescribe opioids to patients with pain complaints to boost their ratings. The new recommendations mandate that CMS remove pain questions entirely from patient satisfaction surveys. This seems like a very positive step towards reducing inappropriate opioid prescribing.

Current practice is to refer patients reporting to the Emergency Department (ED) with signs and symptoms of opioid abuse or withdrawal to outpatient providers, but this can lead to poor follow-up and/or retention in treatment. Studies have shown that treatment, particularly with medications like buprenorphine/naloxone (Suboxone), can be started in the ED for such patients, who then are much more likely to enter outpatient treatment and remain drug-free for extended periods of time.  Although some emergency physicians in the past have been reluctant to start medication assisted treatment (MAT) for patients in the ED, the recommendation to initiate substance abuse and addiction treatment in the emergency department could substantially improve outcomes for opioid addicted individuals. 

Healthcare insurers will likely see an increase in their costs because of these recommendations. Nevertheless, these recommendations are all consistent with expert opinion. Right now, insurers incentivize physicians to prescribe opioids rather than alternative analgesic interventions, a policy that is widely criticized. For example, it is less expensive for patients to fill a prescription for a generic opioid than it is to have acupuncture or cognitive-behavioral therapy, even though both of the latter are among the non-opioid interventions that can be effective and far less risky in treating pain than opioids. The President’s Commission appropriately recommends modification of rate-setting policies that discourage use of non-opioid treatments for pain. It also calls for insurers to remove barriers for all forms of substance use disorder (SUD) treatment, including MAT. There is widespread agreement among experts that MAT is a safe and effective treatment for SUD and that its use should be expanded significantly. Finally, the recommendations call for stricter enforcement and stiffer penalties for insurers that violate mental health and parity laws. Although this last recommendation will certainly win the approval of advocates, enforcing the parity laws currently in effect has proven to be extremely difficult.

The creation of drug courts in all 93 federal judicial districts has already won widespread approval. Individuals with an SUD who violate parole would be referred to a drug court rather than sent to prison. Sending SUD patients to prison is generally seen as counterproductive and diversion to treatment via drug courts reduces recidivism.

Of course, all the above will have tremendous impact on patients who have pain-related illnesses or who are struggling with problematic opioid use. One recommendation that has not been met with much approbation, however, is for a media campaign to address “the hazards of substance use, the danger of opioids, and the stigma.” Some have criticized this recommendation as being too vague. It is unclear that such a campaign would significantly alter public perception or behavior. It also runs the risk of discouraging people who are legitimately taking opioids for severe pain, such as cancer patients, from adhering to prescribed regimens. The hope is that if a media campaign is pursued, that it is carried out in an evidence-based manner that incorporates what is known from social science about effective methods for changing attitudes and behavior.

Conclusions:

The most immediate concern about the President’s Commission report is that no funding is yet attached to its recommendations. One member of the Commission, former Rhode Island congressman Patrick Kennedy, was quoted as estimating that Congress needs to appropriate at least $10 billion immediately for the Commission’s recommendations to be carried out.   

Another concern is whether the President’s Commission report takes into consideration the need to balance medically-indicated opioid prescribing with abuse/overdose prevention. Opioids are effective analgesics that can be a highly appropriate treatment for severe pain in both acute and chronic situations. But there is no question that they are currently prescribed in many situations for which other, less perilous, alternatives are effective and available. Nor is there any disagreement that opioid misuse and abuse have reached epidemic proportions and that the quantity of opioids prescribed must be reduced. However, patients who need to take opioids must not be stigmatized, nor must physicians be frightened to prescribe them when its necessary.

Overall, barring the concerns about funding and some skepticism around the proposed media campaign, the recommendations have been met with optimism. They provide a multi-prong approach to an enormous problem and include many evidence-based recommendations.

For further information on this topic, a free webinar will be taking place on Tuesday, December 12 at 2pm EST. Titled, Opioid Commission Final Report: Recommendations and Effects on Payers, Insurers, and Providers, the webinar will be led by Susan Kansagra, MD, MBA – Section Chief -  North Carolina Division of Public Health, Chronic Disease and Injury Section, North Carolina Department of Health and Human Services, and Jason E. Vogler, Ph.D., CS SBB, Senior Director - Division of Mental Health, Developmental Disabilities and Substance Abuse Services
North Carolina Department of Health and Human Services. Registration for the webinar is available here.

Friday
Dec012017

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition
 

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

 

Congress Isn’t Really Done With Health Care — Just Look At What’s In The Tax Bills

Having failed to repeal and replace the Affordable Care Act, Congress is now working on a tax overhaul. But it turns out the tax bills in the House and Senate also aim to reshape health care.

Kaiser Health News

Friday, December 1, 2017

CMS makes it official: Two mandatory bundled-pay models canceled

The CMS has finalized its decision to toss two mandatory bundled-payment models and cut down the number of providers required to participate in a third.

Modern Healthcare

Thursday, November 30, 2017

CVS Nears Deal to Acquire Health Insurer Aetna

CVS Health Corp. is nearing an agreement to acquire health insurer Aetna Inc. for more than $65 billion, according to a person familiar with the negotiations, in a deal that could reshape the pharmacy and health insurance industries.

Bloomberg

Thursday, November 30, 2017

Marketplace Confusion Opens Door To Questions About Skinny Plans

Consumers coping with the high cost of health insurance are the target market for new plans claiming to be lower-cost alternatives to the Affordable Care Act that fulfill the law’s requirement for health coverage.

Kaiser Health News

Monday, November 27, 2017

As Health Care Changes, Insurers, Hospitals and Drugstores Team Up

They seem like odd couples: Aetna, one of the nation’s largest health insurers, is in talks to combine with CVS Health, which manages pharmacy benefits. The Cleveland Clinic, a highly regarded health system, joined forces with an insurance start-up, Oscar Health, to offer individuals a health plan in Ohio.

NY Times

Sunday, November 26, 2017

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members.

 
Friday
Nov172017

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition
 

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

 

Medicaid Expansion Takes A Bite Out Of Medical Debt

As the Trump administration and Republicans in Congress look to scale back Medicaid, many voters and state lawmakers across the country are moving to make it bigger.

Kaiser Health News

Friday, November 17, 2017

Medicare Seeks Comment On Ways To Cut Costs Of Part D Drugs

Noting that the true price of a drug is often hidden from consumers, Medicare officials requested comments late Thursday on how to use discounts and rebates to help decrease what enrollees pay for prescriptions.

Kaiser Health News

Thursday, November 16, 2017

Remembering Health Care Economist Uwe Reinhardt

Reinhardt, who died on Monday, helped shape the debate about health care by advocating for individual mandates and universal health care. Originally broadcast in 2009.

NPR

Thursday, November 16, 2017

Sign-ups hit 1.5 million in first two weeks of ACA open enrollment

HealthCare.gov sign-ups continue to outpace last year's, with nearly 1.5 million people selecting plans during the first two weeks of open enrollment.

Modern Healthcare

Wednesday, November 15, 2017

Bill Gates says big data can help solve the Alzheimer's puzzle

Through his foundation, Bill Gates has focused on reducing global poverty, finding cures for infectious diseases, and promoting education and sustainable energy. Now Gates is getting into an area that's new for him: Alzheimer's disease.

Monday, November 13, 2017

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members.

 
Friday
Nov032017

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition
 

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

 

House Tax Bill Would Scrap Deduction For Medical Expenses

The tax bill unveiled by Republicans in the House on Thursday would not, as had been rumored, eliminate the tax penalty for failure to have health insurance. But it would eliminate a decades-old deduction for people with very high medical costs.

Kaiser Health News

Thursday, November 2, 2017

Hospital groups to sue CMS over $1.6 billion cut to 340B program

Less than an hour after the CMS released the final rule, America's Essential Hospitals, the American Hospital Association and the Association of American Medical Colleges said they believe the agency has overstepped its statutory authority by cutting 340B drug payments by $1.6 billion, or 22.5% less than the average sales price.

Modern Healthcare

Wednesday, November 1, 2017

Panel Recommends Opioid Solutions but Puts No Price Tag on Them

President Trump’s bipartisan commission on the opioid crisis made dozens of final recommendations on Wednesday to combat a deadly addiction epidemic, ranging from creating more drug courts to vastly expanding access to medications that treat addiction, including in jails.

The New York Times

Wednesday, November 1, 2017

U.S. states allege broad generic drug price-fixing collusion

A large group of U.S. states accused key players in the generic drug industry of a broad price-fixing conspiracy, moving on Tuesday to widen an earlier lawsuit to add many more drugmakers and medicines in an action that sent some company shares tumbling.

Reuters

Tuesday, October 31, 2017

Money For Health Law Navigators Slashed — Except Where It’s Not

Despite all the efforts in Congress to repeal the health law this summer and fall, the Affordable Care Act is still the law of the land. People can start signing up for health insurance for 2018 starting Nov. 1. But the landscape for that law has changed a lot.

Kaiser Health News

Monday, October 30, 2017

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members.

 
Friday
Oct272017

Top 5 healthcare business news items from the MCOL Weekend edition

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

CVS Health's surprising deal for Aetna? It's all about Amazon
Amazon.com Inc has gained approval from a number of state pharmaceutical boards to become a wholesale distributor, St. Louis Post-Dispatch reported on Thursday, citing public records.
CNBC News
Thursday, October 27, 2017

Trump Declares Opioid Crisis a ‘Health Emergency’ but Requests No Funds
President Trump on Thursday directed the Department of Health and Human Services to declare the opioid crisis a public health emergency, taking long-anticipated action to address a rapidly escalating epidemic of drug use.
The New York Times
Thursday, October 26, 2017

Amazon gains wholesale pharmacy licenses in many U.S. states: report
Amazon.com Inc has gained approval from a number of state pharmaceutical boards to become a wholesale distributor, St. Louis Post-Dispatch reported on Thursday, citing public records.
Reuters
Thursday, October 26, 2017

Trump health official Seema Verma has a plan to slash Medicaid rolls
With a broad overhaul of Obamacare stalled in Washington, one of President Trump’s top health care leaders is drawing the outlines of sweeping changes to Medicaid that could pare enrollments and cut costs without congressional approval.
Stat News
Thursday, October 26, 2017

ACA stabilization bill would lower deficit by $3.8B, CBO says
The Senate HELP Committee’s bipartisan Affordable Care Act stabilization bill would lower the federal deficit by $3.8 billion from 2018-2027, according to the Congressional Budget Office.
Fierce Healthcare
Wednesday, October 25, 2017

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members.

Friday
Oct132017

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition
 

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

 

Trump to Issue Stop-Payment Order on Health Care Subsidies

In a brash move likely to roil insurance markets, President Donald Trump will "immediately" halt payments to insurers under the Obama-era health care law he has been trying to unravel for months.

The Associated Press

Friday, October 13, 2017

Trump’s Order Advances GOP Go-To Ideas To Broaden Insurance Choices, Curb Costs

The Trump administration Thursday advanced a wide-ranging executive order aimed at expanding lower-cost insurance options, allowing employers to give workers money to buy their own coverage and slowing consolidation in the insurance and hospital industries.

Kaiser Health News

Thursday, October 12, 2017

House Republicans Ramp Up Scrutiny of Providers in Drug Discount Program

House Republicans are intensifying scrutiny of a federal program that gives thousands of safety-net providers hefty discounts on prescription drugs but that they say doesn’t have effective tools to track where the savings are going.

Morning Consult

Wednesday, October 11, 2017

Long-Term Disability Insurance Gets Little Attention But Can Pay Off Big Time

“It won’t happen to me.” Maybe that sentiment explains consumers’ attitude toward long-term disability insurance, which pays a portion of your income if you are unable to work. Sixty-five percent of respondents surveyed this year by LIMRA, an association of financial services and insurance companies, said that most people need disability insurance.

Kaiser Health News

Tuesday, October 10, 2017

Overlooked By ACA: Many People Paying Full Price For Insurance ‘Getting Slammed’

Paul Melquist of St. Paul, Minn., has a message for the people who wrote the Affordable Care Act: “Quit wrecking my health care.” Teri Goodrich, of Raleigh, N.C., has the same complaint. “We’re getting slammed. We didn’t budget for this,” she said.

Kaiser Health News

Monday, October 9, 2017

 

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members.

 
Friday
Oct062017

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition
 

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

 

Trump Guts Requirement That Employer Health Plans Pay For Birth Control

The Trump administration is rolling back the Obama-era requirement that employer-provided health insurance policies cover birth control methods at no cost to women.

NPR

Friday, October 6, 2017

Association Health Plans: A Favorite GOP Approach To Coverage Poised For Comeback

Not even 24 hours after the latest “repeal and replace” proposal ran out of steam, Sen. Rand Paul (R-Ky.) ignited a new round of health policy speculation by predicting, during a cable news interview, impending Trump administration action on a longtime Republican go-to idea: association health plans.

Kaiser Health News

Friday, October 6, 2017

House passes GOP budget in key step for upcoming tax debate

The House on Thursday passed a $4.1 trillion budget plan that promises deep cuts to social programs while paving the way for Republicans to rewrite the tax code later this year. The 2018 House GOP budget reprises a controversial plan to turn Medicare into a voucher-like program for future retirees as well as the party’s efforts to repeal the “Obamacare” health law.

The Washington Post

Thursday, October 5, 2017

Bill to Rescue Children’s Health Program Hits Snag in House

Legislation to rescue the Children’s Health Insurance Program sailed through a Senate committee on Wednesday, but touched off a partisan conflict in the House, diminishing hopes that the popular program would be quickly refinanced.

The New York Times

Wednesday, October 4, 2017

Cigna says it won’t cover OxyContin prescriptions through employer plans

The health insurer Cigna on Wednesday announced it will no longer cover OxyContin prescriptions for customers on its employer-based health plans, the second major announcement in two weeks from an industry group billed as an effort to slow the opioid epidemic.

Stat News

Wednesday, October 4, 2017

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members.
 
Friday
Sep292017

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

By Claire Thayer, September 29, 2017

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

CMS adds open enrollment period, offers regulatory relief for payers and members in wake of hurricanes

CMS has announced special open enrollment periods for all Medicare enrollees and some federal health insurance exchange consumers in the wake of hurricanes Harvey, Irma and Maria, along with other disaster-related policies to help insurance companies in affected areas.

FierceHealthcare. Friday, September 29, 2017

Senators close to bipartisan deal on health exchanges: Schumer

Two U.S. senators from both parties are close to finalizing a bipartisan deal to shore up the health insurance exchanges created under Obamacare, the chamber’s top Democrat said on Thursday.

Reuters. Thursday, September 28, 2017

Price took military jets to Europe, Asia for over $500K

The White House approved the use of military aircraft for multi-national trips by Health and Human Services Secretary Tom Price to Africa and Europe this spring, and to Asia in the summer, at a cost of more than $500,000 to taxpayers.

Politico. Thursday, September 28, 2017

Health crisis in Puerto Rico: Few hospitals have power or fuel, but public health officials fear the worst is yet to come

Only 11 of Puerto Rico’s 69 hospitals have power or fuel, leaving the few hospitals that are open to handle a surge of injured patients and those who need care for chronic conditions.

Fierce Healthcare. Wednesday, September 27, 2017

Anthem Says No To Many Scans Done By Hospital-Owned Clinics

Tightening the screws on pricey imaging exams, health insurer Anthem will no longer allow many patients to get MRI or CT scans at hospital-owned outpatient facilities, requiring them to use independent imaging centers instead. NPR Wednesday, September 27, 2017

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members.

Friday
Sep222017

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition
 

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

 

Of Cassidy-Graham’s four co-sponsors, only one has the support of his governor

The latest Republican health-care bill gives significant power to the states. But several of the nation’s governors, including a handful of Republicans, aren't interested.

The Washington Post

Friday, September 22, 2017

CVS tightens restrictions on opioid prescriptions in bid to stanch epidemic

CVS Health announced Thursday that it was limiting the amount and strength of prescription opioid painkillers it provides to patients taking the drugs for the first time, a step intended to help curb opioid abuse.

Stat News

Thursday, September 21, 2017

Graham-Cassidy Health Bill Would Shift Funds from States That Expanded Medicaid

Senate Republicans' latest plan to overhaul the U.S. health care system ends with a massive shift of federal money from states that expanded Medicaid — and are largely dominated by Democrats — to those that refused to expand.

NPR

Thursday, September 21, 2017

Almost half of Americans favor single-payer healthcare system, poll finds

Congressional Republicans may be trying once again to repeal and replace the Affordable Care Act with a more market-based approach, but a new poll finds that almost half of Americans favor a plan more in line with the single-payer offering served up earlier this year by progressive Sen. Bernie Sanders.

Healthcare Finance News

Wednesday, September 20, 2017

Amazon in talks with PBMs over pharma supply chain

Amazon is reportedly communicating with pharmacy benefit managers about potential drug contracts, according to a Leerink Partners analysis cited by CNBC. Amazon has been hiring more healthcare leaders and expanding its drug and medical supply distribution in recent months, spurring rumors the online retailer is stepping into the pharmacy business.

Becker's Hospital Review

Wednesday, September 20, 2017

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members.

 
Friday
Sep152017

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

 

Centrist Democrats Turn to Pragmatism, Seek Bipartisan ACA Fixes

While some progressives campaigned this week for “Medicare for all,” a group of moderate House Democrats aligned themselves with a more modest push to stabilize the Affordable Care Act, arguing that it could spur broader health care reforms in the future.

Morning Consult

Friday, September 15, 2017

CBO: ObamaCare uncertainty will lead to 15 percent hike in premiums

Premiums for ObamaCare's benchmark silver plans will increase by an average of 15 percent in 2018, the Congressional Budget Office (CBO) estimated in a new report released Thursday.

The Hill

Thursday, September 14, 2017

Sanders Offers Medicare-for-All Plan Backed by 16 Senate Democrats

Sixteen Senate Democrats are flirting with a single-payer health-care system, marking a shift within the party on what was once viewed as a politically treacherous issue that attracted little support from lawmakers.

Bloomberg

Wednesday, September 13, 2017

Stanford study: Three-quarters of opioid prescriptions written for 10 percent of patients

A new Stanford University study reveals a startling fact about the nation’s opioid crisis: A small minority of Americans account for the large majority of drug abusers.

Mercury News

Tuesday, September 12, 2017

Uninsured Rate Falls to Record Low Of 8.8%

Three years after the Affordable Care Act’s coverage expansion took effect, the number of Americans without health insurance fell to 28.1 million in 2016, down from 29 million in 2015, according to a federal report released Tuesday.

Kaiser Health News

Tuesday, September 12, 2017

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members.

 

Friday
Sep012017

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition

Friday Five: Top 5 healthcare business news items from the MCOL Weekend edition
 

Every business day, MCOL posts feature stories making news on the business of health care. Here are five we think are particularly important for this week:

 

Trump Administration Sharply Cuts Spending on Health Law Enrollment

The Trump administration is slashing spending on advertising and promotion for enrollment under the Affordable Care Act, a move some critics charged was a blatant attempt to sabotage the law.

New York Times

Thursday, August 31, 2017

5 Outside-The-Box Ideas For Fixing The Individual Insurance Market

With Republican efforts to “repeal and replace” the Affordable Care Act stalled, tentative bipartisan initiatives are in the works to shore up the fragile individual insurance market that serves roughly 17 million Americans.

Kaiser Health News

Wednesday, August 30, 2017

Pioneering Cancer Gene Therapy Gets Green Light — And $475,000 Price Tag

The country’s first approved gene therapy — approved Wednesday to fight leukemia that resists standard therapies — will cost $475,000 for a one-time treatment, its manufacturer announced.

Kaiser Health News

Wednesday, August 30, 2017

Advisory Board to sell healthcare, education units in $2.58 billion deal

Advisory Board Co said it would sell its healthcare business to UnitedHealth Group Inc’s Optum unit and education business to private equity firm Vista Equity Partners, for a total deal value of $2.58 billion.

Reuters

Tuesday, August 29, 2017

Majority of Voters Support Medicaid Work Requirements

A majority of voters back the idea of tying Medicaid eligibility to employment status as the Trump administration weighs whether to give more states the power to impose work requirements on the government health program.

Morning Consult

Monday, August 28, 2017

These and more weekly news items on the business of healthcare are featured in the MCOL Weekend edition, along with the MCOL Tidbits, and more, for MCOL Premium level members.