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
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
It may be more than 30 years old, but the Central Penn Business Group on Health is in startup mode. The Lancaster-based nonprofit has hired a new CEO, and it is mulling new approaches to help area employers contend with rising healthcare costs, perhaps by applying analytics and other technologies. “The employers are looking for more,” said […]
Federal workplace safety regulators are probing the shooting that took place inside the intensive care unit at UPMC Memorial in York County on the morning of Feb. 22. The investigation by the Occupational Safety and Health Administration was opened the day of the shooting, which claimed the life of a West York police officer and injured […]