Operating costs in healthcare centers and hospitals across the country are rising amid inflationary pressures, staffing shortages and supply chain disruption, and such locations are going to have to continue implementing measures to help mitigate the highly challenging situation, according to a report from the Medical Group Management Association. While revenues vary across locations, costs rose almost universally from ...

The federal government has eased its annual punishments for hospitals with higher-than-expected readmission rates in an acknowledgment of the upheaval the covid-19 pandemic has caused, resulting in the lightest penalties since 2014. The Hospital Readmissions Reduction Program has been a mainstay of Medicare’s hospital payment system since it began in 2012. Created by the Affordable ...

The Biden administration issued a final rule that seeks to make it easier for beneficiaries to enroll in Medicare and curb delays in getting coverage. The final rule, released Friday by the Centers for Medicare & Medicaid Services (CMS), would expand the number of special enrollment periods (SEPs) to let beneficiaries change their coverage outside ...

Business Insurance has selected The Word & Brown Companies among its “Best Places to Work in Insurance” for 2022. The award recognizes outstanding insurance-related employers for their outstanding performance in establishing workplaces where employees can thrive, enjoy their work, and help the companies grow.

According to experts, inflation is expected to increase premiums and out-of-pocket costs for people next year. It's because employees might have to pay more for health insurance coverage starting in 2023.

Inflation is forcing older American workers to delay their retirement, leading to higher benefits costs for employers, stalled career progress for younger workers, and reduced morale and mental health for team members, according to new research from the Nationwide Retirement Institute.