Accolade helps employees navigate their health benefits, and provides them with free access to human experts to answer their questions. Some of the largest companies in the U.S. pay for their workers to access the service, including Comcast and Lowe’s. The company has hired banks ahead of a potential IPO in 2020, sources tell CNBC.
Community Health Systems executives have settled a securities fraud class action lawsuit for $53 million, according to a brief filed Tuesday in federal court.
Medicare docks hospitals on an annual basis for too many patients returning to the hospital within a month. Eight Hawaii hospitals will receive less money from Medicare this year because of too many readmissions.
Susan Finley returned to her job at a Walmart retail store in Grand Junction, Colorado, after having to call in sick because she was recovering from pneumonia. The day she returned, the 53-year-old received her ten year associate award – and was simultaneously laid off, according to her family.
One Medical has filed paperwork to go public, and the growing chain of physician offices has made it clear to prospective investors that large, dominant hospital systems are becoming a lot more crucial to its business.
Whether it’s interpreting medical bills, struggling to get hospital records, or fighting with an insurance provider, Americans are accustomed to battling bureaucracy to access their health care. But patients’ time and effort are not the only price of this complexity. Administrative costs now make up about 34% of total health care expenditures in the United States—twice the percentage Canada spends, according to a new study published Monday in Annals of Internal Medicine.