Avicenna Medical Blog

Care Management Weekly News Update 6/21/23

Posted by DeAnn Dennis on Wed, Jun 21, 2023 @ 12:00 PM

Health spending over the next decade is expected to grow more rapidly than the overall economy — consistent with past trends — though spending patterns will be greatly influenced by the end of the COVID-19 public health emergency, according to new estimates released Wednesday by government actuaries.

By 2031, about $1 of every $5 spent in the U.S. will be on healthcare.

Oracle is reportedly letting go hundreds of employees and rescinding job offers from its Cerner health software unit, largely due to ongoing missteps in its contract with the Department of Veterans Affairs.

U.S. consumers doubled their use of wearable healthcare devices, including smartwatches, wearable monitors and fitness trackers, between 2020 and 2021, according to a new survey from AnalyticsIQ.

Too many Americans are losing Medicaid coverage because of red tape, and states should do more to make sure eligible people keep their health insurance, the Biden administration said Monday.

The feds expanded eligibility for the Extra Help program as part of the Inflation Reduction Act, effective Jan. 1, 2024. Under the law, Medicare beneficiaries with limited resources and incomes of up to 150% of the federal poverty level can sign up for the full low-income subsidy.

Tags: Weekly Industry News