John Commins is a content specialist and online news editor for HealthLeaders, a Simplify Compliance brand.
In the first six months of 2021, total revenue was the second highest in recent years at $17.2 billion with 27 transactions.
The executive order targets four areas "where lack of competition in healthcare increases prices and reduces access to quality care" -- hospital and health insurance consolidation, high drug prices, and hearing aids.
The partners say their collaboration addresses Michigan employers' concerns about rising healthcare costs and barriers to care quality.
Nearly 1 in every 4 deaths and almost 6,000 total deaths may have been attributable to hospital strain due to COVID-19.
The healthcare sector has lost 537,000 jobs since the start of the pandemic in February 2020.
The Requirements Related to Surprise Billing; Part I, set to take effect on January 1, 2022, is the first in a series of rules to protect patients from healthcare-related financial hardships.
Hospitals are voicing their opposition to the use of sequestration cuts and unspent COVID-19 provider relief funds to help pay for the plan.
The suit was in response to the 2018 site-neutral final rule that paid hospitals the same reimbursement for some inpatient and outpatient services.
Hospital margins remained narrow despite in May rising patient volumes.
The bond rater downgraded the sector on March 25, 2020 to negative, and reaffirmed that rating in January 2021.