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News
Why cutting GLP-1 benefits could be a costly mistake for companies
5+ hour, 49+ min ago (176+ words) Employers are increasingly reducing coverage for expensive GLP-1 medications, such as Ozempic and Wegovy, to control rising healthcare costs, but new research suggests that excluding these drugs could have unintended financial consequences, Inc. reports. A study from the National Bureau…...
Audit flags possible misuse of public funds at Ascension Parish hospital district
1+ week, 5+ hour ago (44+ words) Baton Rouge Business Report A recent audit of the West Ascension Parish Hospital Service District identified 11 findings ranging from weak financial controls to potentially unconstitutional uses of public funds. The district …...
A proposed Medicare reimbursement change could reshape hospital drug pricing
3+ week, 4+ day ago (347+ words) Baton Rouge Business Report The rule would apply to hospitals that serve low-income patients under what is known as the 340B program, which lets hospitals buy outpatient prescription drugs at discounted prices. But in many cases, hospitals can bill insurers at…...
UnitedHealth bets $3B on AI to cut costs and ease industry backlash
1+ mon, 1+ week ago (251+ words) UnitedHealth Group is investing about $3 billion into artificial intelligence as part of a major effort to cut costs and overhaul how it runs both its insurance and healthcare services businesses, Bloomberg reports. The company is rolling out AI across a…...
Audit alleges LSU-affiliated nonprofit mishandled millions in funding
2+ mon, 5+ day ago (43+ words) Baton Rouge Business Report Millions in questionable compensation and research contracts routed to an outside entity are among the issues flagged in a new audit of Stephenson Technologies Corp., an LSU-affiliated nonprofit f…...
Rising premiums push younger workers to rethink employer health plans
2+ mon, 4+ week ago (185+ words) Rising health insurance costs are prompting some younger, healthier workers to reconsider employer-sponsored coverage, creating new strains for workers and warning signs for employers, Bloomberg writes. As premiums climb and take-home pay tightens, some employees are opting for alternatives, such…...
Long-term care is cheaper in Louisiana, but costs continue to climb
4+ mon, 3+ day ago (47+ words) Baton Rouge Business Report Louisiana remains one of the more affordable states in the nation for long-term care, but rising costs, particularly for in-home services, are putting new pressure on families. That’s accordi…...
City-parish says its retiree health plan shift is saving $15M annually
4+ mon, 1+ week ago (376+ words) Last year, the city-parish announced a plan to shift retirees from its traditional employer-sponsored health plan to a Medicare Advantage plan. Doing so, officials said at the time, would allow the federal government to subsidize retiree health care costs, reducing…...
Be a part of the region's definitive healthcare conversation
4+ mon, 2+ week ago (129+ words) Baton Rouge Business Report This April, Business Report examines the trends reshaping healthcare and how Capital Region businesses can capitalize on the industry’s rapid transformation. We will explore key opportunities for companies in our region’s evolving healthcare landscape. Sectors critical…...
More US companies are offering caregiving benefits to employees
5+ mon, 1+ week ago (489+ words) Debra Whitman was traveling for work when her father was suddenly admitted to the hospital in serious pain. She jetted home to Maryland and took several days off to care for him in his rural community in eastern Washington state…...