Tag: Healthcare

Is ALGN Underperforming the Healthcare Sector?

Is ALGN Underperforming the Healthcare Sector?

Align Technology, Inc. (ALGN) is a prominent player in the medical instruments & supplies industry, with a market…

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Amazon Restructures Healthcare Division and Renews Commitment To The Trillion Dollar Industry

Amazon Restructures Healthcare Division and Renews Commitment To The Trillion Dollar Industry

Over the past decade, Amazon has embarked on a mission to revolutionize the healthcare industry, just as it…

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Democrat Governors Are Rolling Back State-Funded Healthcare for Illegal Aliens – Why is the Left Not Protesting Them? |

Democrat Governors Are Rolling Back State-Funded Healthcare for Illegal Aliens – Why is the Left Not Protesting Them? |

In an unexpected twist for liberal Democrat governance, several states are beginning to reconsider the funding of healthcare…

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The Future Of Healthcare Is Collaborative—And AI Is The Catalyst

The Future Of Healthcare Is Collaborative—And AI Is The Catalyst

The healthcare landscape in India is undergoing a significant transformation, driven by the collaboration between hospitals, tech companies,…

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AI Agents Are Coming To Healthcare

AI Agents Are Coming To Healthcare

As we move towards 2025, the healthcare industry is on the brink of a major transformation with the…

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Now Trump Must Deliver On His Healthcare Promises

Now Trump Must Deliver On His Healthcare Promises

President Donald Trump has been vocal about his plans to reform the American healthcare system, and now is…

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RFK Jr. vs. The Medical Deep State: How Trump’s Health Secretary is Draining the Healthcare Swamp |

RFK Jr. vs. The Medical Deep State: How Trump’s Health Secretary is Draining the Healthcare Swamp |

Photo courtesy of The Times of India   The Medical Establishment on the Defensive: RFK Jr. Takes Charge…

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Eliminating Waste, Fraud, and Abuse in Medicaid My Administration has been relentlessly committed to rooting out waste, fraud, and abuse in Government programs to preserve and protect them for those who rely most on them. The Medicaid program was designed to be a program to compassionately provide taxpayer dollars to healthcare providers who offer care to the most vulnerable Americans. To keep payments reasonable, billable costs for such care were historically capped at the same level that healthcare providers could receive from Medicare. The State and Federal Governments jointly shared this cost burden to ensure those of lesser means did not go untreated. Under the Biden Administration, States and healthcare providers were permitted to game the system. For example, States “taxed” healthcare providers, but sent the same money back to them in the form of a “Medicaid payment,” which automatically unlocked for healthcare providers an additional “burden-sharing” payment from the Federal Government. Through this gimmick, the State could avoid contributing money toward Medicaid services, meaning the State no longer had a reason to be prudent in the amount of reimbursement provided. Instead of paying Medicare rates, many States that utilize these arrangements now pay the same healthcare providers almost three times the Medicare amount, a practice encouraged by the Biden Administration. These State Directed Payments have rapidly accelerated, quadrupling in magnitude over the last 4 years and reaching 0 billion in 2024 alone. This trajectory threatens the Federal Treasury and Medicaid’s long-term stability, and the imbalance between Medicaid and Medicare patients threatens to jeopardize access to care for our seniors. I pledged to protect and improve these important Government healthcare programs for those that rely on them. Seniors on Medicare and Medicaid recipients both deserve access to quality care in a system free from the fraud, waste, and abuse, that enriches the unscrupulous and jeopardizes the programs themselves. We will take action to continue to love and cherish the Medicare and Medicaid programs to ensure they are preserved for those who need them most. The Secretary of Health and Human Services shall therefore take appropriate action to eliminate waste, fraud, and abuse in Medicaid, including by ensuring Medicaid payments rates are not higher than Medicare, to the extent permitted by applicable law. This memorandum is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person. DONALD J. TRUMP

Eliminating Waste, Fraud, and Abuse in Medicaid My Administration has been relentlessly committed to rooting out waste, fraud, and abuse in Government programs to preserve and protect them for those who rely most on them. The Medicaid program was designed to be a program to compassionately provide taxpayer dollars to healthcare providers who offer care to the most vulnerable Americans. To keep payments reasonable, billable costs for such care were historically capped at the same level that healthcare providers could receive from Medicare. The State and Federal Governments jointly shared this cost burden to ensure those of lesser means did not go untreated. Under the Biden Administration, States and healthcare providers were permitted to game the system. For example, States “taxed” healthcare providers, but sent the same money back to them in the form of a “Medicaid payment,” which automatically unlocked for healthcare providers an additional “burden-sharing” payment from the Federal Government. Through this gimmick, the State could avoid contributing money toward Medicaid services, meaning the State no longer had a reason to be prudent in the amount of reimbursement provided. Instead of paying Medicare rates, many States that utilize these arrangements now pay the same healthcare providers almost three times the Medicare amount, a practice encouraged by the Biden Administration. These State Directed Payments have rapidly accelerated, quadrupling in magnitude over the last 4 years and reaching $110 billion in 2024 alone. This trajectory threatens the Federal Treasury and Medicaid’s long-term stability, and the imbalance between Medicaid and Medicare patients threatens to jeopardize access to care for our seniors. I pledged to protect and improve these important Government healthcare programs for those that rely on them. Seniors on Medicare and Medicaid recipients both deserve access to quality care in a system free from the fraud, waste, and abuse, that enriches the unscrupulous and jeopardizes the programs themselves. We will take action to continue to love and cherish the Medicare and Medicaid programs to ensure they are preserved for those who need them most. The Secretary of Health and Human Services shall therefore take appropriate action to eliminate waste, fraud, and abuse in Medicaid, including by ensuring Medicaid payments rates are not higher than Medicare, to the extent permitted by applicable law. This memorandum is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person. DONALD J. TRUMP

MEMORANDUM FOR THE SECRETARY OF HEALTH AND HUMAN SERVICES THE ADMINISTRATORS OF THE CENTERS FOR MEDICARE AND MEDICAID…

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Bitcoin Is Quietly Entering The Healthcare Sector

Bitcoin Is Quietly Entering The Healthcare Sector

Bitcoin's Influence on Healthcare: A New Frontier Bitcoin has been making waves in various industries, from finance to…

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As Trump Cuts Healthcare, Private Equity Gains Hold At Doctor’s Office

As Trump Cuts Healthcare, Private Equity Gains Hold At Doctor’s Office

The landscape of private medical practices in the United States is rapidly changing, according to a recent report…

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Quadria Capital closes Fund III fundraising round to advance healthcare at .07bn

Quadria Capital closes Fund III fundraising round to advance healthcare at $1.07bn

Quadria Capital, a Singapore-based private equity company, has successfully closed its Fund III fundraising round, aimed at revolutionizing…

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OpenAI’s Latest Hardware Push And HealthBench Work Will Accelerate Healthcare AI Capabilities

OpenAI’s Latest Hardware Push And HealthBench Work Will Accelerate Healthcare AI Capabilities

OpenAI, known for its innovative AI models like ChatGPT, has recently introduced HealthBench, a groundbreaking standard designed specifically…

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