Jack O'Brien is the Content Team Lead and Finance Editor at HealthLeaders, an HCPro brand.
Like many providers, Highmark's patient volumes fell last year due to the coronavirus outbreak, with inpatient discharges decreasing 9%, outpatient registrations slipping 2%, and physician visits falling 7%.
The ratings action came more than a month after Tenet released its Q4 2020 earnings report.
Becerra's confirmation to lead the nation's health department was warmly received by healthcare organizations still dealing with the lingering challenges associated with the COVID-19 pandemic.
Becerra, who served as a congressman and Attorney General of California, is the first Latino HHS Secretary in history.
Allyson Y. Schwartz, former congresswoman and CEO of Better Medicare Alliance, reviews the Biden policy agenda and what healthcare executives should expect from Capitol Hill this year.
Arnold previously held financial leadership positions at Rockdale Medical Center, Wuesthoff Health System, and Candler Health System.
Last year, FIPR prevented approximately $7.5 million in fraud, waste, and abuse related to COVID-19, Highmark stated.
The increased availability of vaccines and decreased rate of hospitalizations spells promise for provider organizations, but there are other pressing factors to consider.
Employment in healthcare and social assistance fell by more than 909,000 jobs year-over-year.
The expansion was unveiled just over a week after Babylon, headquartered in London, announced three U.S.-based members to its C-suite.