As insurers continue the shift toward value-based reimbursement, two Medicaid health plans improved members' health outcomes and lowered costs by combining value-based payments with a fee-for-service approach.
Eighty-two Illinois hospitals will pay more than $16 million in collective readmission penalties for not reducing their preventable readmissions, the state Department of Healthcare and Family Services announced last week.
Hospitals already face federal financial penalties for rea dmission of discharged patients. But some states tack on even more fines
Hospitals and hospital systems in Illinois banded together to form an engagement network and saved more than $132 million by improving the quality of care, according to an announcement from the Illinois Hospital Association.
Although 23 states and the District of Columbia now allow the sale of medical m arijuana, not one hospital offers the drug to patients. Despite the known benefits of marijuana in easing patient pain--and the potential revenue that sales could generate for hospitals-- hea lthcare organizations that set up a dispensary run the risk of violating federal law and jeopardizing Medicare and Medicaid reimbursement.
The state of Illinois has been months late in paying providers who treat retired public educators, often causing creditors to threaten elderly patients for the money owed, the Rockford Register-Star reported.
Only six insurers said they want to sell health plans through the Illinois health insurance exchange, sparking concerns that the online marketplaces will lack adequate competition if the trend unfolds throughout the country.
Had the University of Illinois Hospital & Health Sciences System and Mount Sinai Hospital in Chicago cheated on their taxes in 2000 and the Internal Revenue Service never followed up, they would...
The U.S. Seventh Circuit Court has ruled that hospitals in Illinois cannot seek state tax reimbursements through the Medicare program, reported the Courthouse News Service.
Illinois' plans to slash $1.6 billion from its Medicaid spending over the next several years includes potentially awarding a cost-reduction contract to a firm that will not be subjected to state-mandated bidding guidelines, reported Illinois Statehouse News.