The biggest threats to the affordability of employer-provided health coverage are drug prices, high-cost claims, and hospital prices, according to a survey of employers released Wednesday.
The 'A' rating reflects TGH's variable but generally solid operating performance despite disruptions related to the pandemic, while also undergoing a major construction and renovation project. While fiscal 2022 will be more challenged due to macro labor and inflationary pressures, Fitch believes that TGH is well positioned for improved operating margins over the next two years as the projects are expected to be accretive to TGH's operating performance.
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.
Boca Raton-based EHR vendor Modernizing Medicine Inc. will pay $45 million to resolve allegations that it violated the False Claims Act by accepting and providing kickbacks in exchange for referrals.