by Jessica Casebolt | Jul 31, 2023 | Payers, Tea Leaves
Blue Shield of California announced that it will collaborate with Microsoft to utilize the cloud to deliver data about members to the insurer and providers in real-time. The companies want to build a data collection, storage, and analysis system that they’re dubbing...
by Jessica Casebolt | Jul 31, 2023 | Life Sciences, Tea Leaves
An article on The Hill offers an outlook on the Medicare drug price negotiation legal battle. As of last week, three pharmaceutical companies and two trade groups are now suing the federal government over the Medicare Drug Price Negotiation Program established through...
by Jessica Casebolt | Jul 31, 2023 | Access & Coverage, Tea Leaves
The Commonwealth Fund’s 2020 International Health Policy Survey found that 36 percent of rural Americans did not get the care they needed due to costs, which is more than double the rate for rural residents in six of the other countries the study looked at. The survey...
by Jessica Casebolt | Jul 31, 2023 | Providers, Tea Leaves
A new report found that hospital consolidation leads to larger premiums and out-of-pocket spending for consumers. The report from Georgetown University’s Center on Health Insurance Reforms specifically notes that as hospitals acquire ambulatory care centers, consumers...
by Jessica Casebolt | Jul 31, 2023 | Payers, Tea Leaves
Two Cigna members filed a lawsuit seeking class-action status in a California federal court on Monday, alleging the health insurance company leveraged an algorithm to improperly deny claims and systematically shift costs to its 2.1 million members. Lawyers anticipate...
by Jessica Casebolt | Jul 31, 2023 | Life Sciences, Tea Leaves
Pfizer Inc. said over 30 drugs, including injections of painkiller fentanyl and anesthetic lidocaine, may see supply disruption after a tornado destroyed a warehouse at its Rocky Mount, North Carolina, plant last week. The company sent a letter late last week to its...
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