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Category: Health Care

Health Care

WellSpan, hospital union negotiating new deal

Contract talks are underway between WellSpan Health and a union representing workers at WellSpan Chambersburg, one of the health system’s hospitals in Franklin County. The two sides have been negotiating a new labor contract to replace one set to expire at the end of this month.Wages are a major issue for the union, SEIU Healthcare Pennsylvania, which […]

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Health Care

Agency sounds early warning on ACA premium hikes

State insurance regulators are joining other observers warning about higher costs next year for the tens of thousands of Pennsylvania residents who buy health insurance in the market created by the Affordable Care Act.Insurers have begun to propose premiums for ACA plans next year and the Pennsylvania Insurance Department said yesterday that insurers are seeking […]

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Health Care

Health authority warns tax-credit expiration could cost PA residents

Enhanced federal tax credits help Pennsylvanians afford private health insurance in the market established more than a decade ago by the Affordable Care Act, or ACA. But the enhanced credits are slated to expire at the end of this year if the U.S. Congress does not extend them.If the credits lapse, the average Pennsylvanian with […]

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Health Care

Weis wants part of Rite Aid pharmacy biz

Weis Markets, whose pharmacy business has been growing by double digits, is making a play for pieces of Rite Aid.Legal filings in the Rite Aid bankruptcy case reveal that Sunbury-based Weis is among those bidding for the pharmacy chain’s assets. A Weis spokesperson declined to comment, and legal filings offer no details. But Weis joins several other […]

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Government

For-profit healthcare deals under fire

Gov. Josh Shapiro and allied lawmakers are taking aim at the role of private equity in healthcare, arguing there is a need for action after the fallout from hospital closures in suburban Philadelphia. They are pushing legislation that would give state officials greater say over deals between nonprofit healthcare providers and all for-profit buyers, not just […]

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Banking/Finance

State authority backs fund focused on life sciences 

A state authority is awarding $2 million to a new venture capital fund that aims to sink the money into Pennsylvania’s life sciences sector, an area that state officials have targeted for growth.The fund is Neovate Life Sciences GP 1 LLC, launched by Neovate Capital Partners, which has offices in Pittsburgh, London, Boulder, Colorado, and New Haven, […]

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Health Care

Device maker settles federal charges

Diopsys Inc., a medical device company based in Middletown, has agreed to pay up to $14.25 million for allegedly violating state and federal laws by submitting false claims to Medicaid and Medicare, according to the U.S. Attorney’s Office for the District of New Jersey.Diopsys, which was formerly based in New Jersey, developed a device that […]

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Government

Audit: Lapsed UPMC recordkeeping led to Medicaid overpayments

Due to recordkeeping lapses by UPMC Health Plan, a state agency reimbursed the health insurer for Medicaid recipients who were not eligible for the program, including some who had died, according to an audit released yesterday by the office of Pennsylvania Auditor General Tim DeFoor. The resulting overpayments to UPMC totaled $357,048 in 2022, according to the audit, […]

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Government

House panel to vote on healthcare violence bill

Just over a month after a deadly attack at UPMC Memorial hospital in York County, state lawmakers are poised to take up legislation addressing violence in the healthcare workplace.The legislation, House Bill 926, is scheduled for a vote March 25 in the House Labor & Industry Committee.Advocates note that healthcare workers are more likely than others to experience […]

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