Accounting & Financial Management
DOJ says St. Peter fraudulently submitted claims for services performed by an oncology doctor.
The company maintained a strong balance sheet, with $11 billion in cash and investments, and net assets of $10 billion.
On average, the budgeted health plan cost for clients is $14,823 per employee in 2024, Aon's report finds.
Healthcare bankruptcies are currently on track to see 58 cases by the end of this year, a 27% decline from the 79 cases filed in 2023.
Cost to Medicare over a decade is likely to be in the low to middle tens of billions of dollars, Health Affairs says.
Kaiser reported operating revenues of $29.1 billion and operating expenses of $28.2 billion during the quarter.
In a recent SEC filing, Walgreens acknowledged the existence of defaults under the VillageMD Secured Loan.
A new survey identifies a number of key strategies hospital and health system leaders are exploring to mitigate financial pressures.
Adjusted operating income for the quarter of $938 million was down year-over-year due to a higher medical benefit ratio, says CFO.
Insurance revenue during the second quarter grew 11% to $349.9 million, driven by strong member retention and intra-year growth.