The US Department of Health and Human Services Secretary Xavier Becerra announced that the agency will be releasing ownership data for all hospitals that are Medicare-certified. The data will be available for the public and contains information regarding over 7,000 hospitals. The move is intended to promote transparency and accountability.
The Allegheny Health Network and Highmark Health have announced a new partnership with Ceder to help revamp and consolidate their patient payment information, combining payer and provider prices together. The teamup between the payer and provider is intended to improve the patient financial experience and reduce medical bill-related confusion.
A new report finds that over 1,200 prescription drugs had price hikes that outpaced inflation this year. Fortunately for patients, pharma companies will have to provide a rebates to the Centers for Medicare and Medicaid Services (CMS) for drugs that increase in price faster than inflation for Part B and Part D recipients.