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News
Hospital Billing Failures, Weak Collections and $94 Million in Uncompensated Care Loom Over $188 Million Combined Request
8+ hour, 41+ min ago (1077+ words) The territory’s two hospitals are carrying tens of millions of dollars in old and current obligations while absorbing nearly $94 million in uncompensated care during fiscal year 2026, leaving hospital leaders and lawmakers focused on debt reduction, billing deficiencies and the risk…...
$8.85 Million Vendor Debt, Unpaid VIFEMS Funds and Threats to Return Patients Over Nonpayment Dominate Health Hearing
1+ week, 8+ hour ago (1158+ words) The Department of Health owes vendors more than $8.8 million, faces a $2.8 million shortfall in its Ryan White HIV/AIDS program and has not transferred legally mandated ambulance funding to the V.I. Fire and Emergency Medical Services, officials disclosed during the department’s…...
Medicare Drug-Plan Subsidy to End After 2026, Putting Focus on USVI Premiums
1+ week, 6+ day ago (665+ words) A temporary federal program used to stabilize premiums for standalone Medicare prescription-drug plans will end after the 2026 plan year, leaving Virgin Islands beneficiaries to await the release of final 2027 plans and prices in September. The Centers for Medicare and Medicaid…...
Health Insurance Costs Dominate DOP’s $66.85 Million FY2027 Budget Hearing
1+ mon, 2+ week ago (782+ words) The cost of health insurance for government employees and retirees dominated the Division of Personnel’s budget hearing on Wednesday, with officials outlining more than $132 million in premiums while lawmakers pressed the agency on wellness efforts, possible Cigna increases and ways…...
HUD OIG Finds VIHFA Lacks Effective Fraud Risk Management Over Nearly $2 Billion in Grants
3+ mon, 4+ week ago (1006+ words) The Virgin Islands Consortium To save articles or get newsletters, alerts or recommendations – all free. HUD OIG Finds VIHFA Lacks Effective Fraud Risk Management Over Nearly $2 Billion in Grants An audit of VIHFA’s fraud framework found anti-fraud efforts were unstructured…...
Trump Forces Global Price Parity as Nine Drug Giants Agree to Major Prescription Cost Reductions, Including Insulin and Cancer Drugs
7+ mon, 3+ week ago (644+ words) Trump on Friday announced what the White House described as the largest set of developments to date under his administration’s push to bring prescription drug prices in the United States in line with... To save articles or get newsletters, alerts…...
Nursing-Care Firm Seeks EDC Benefits as CEO Bozza Plans St. Thomas Relocation and Expanded Community Work
8+ mon, 3+ week ago (583+ words) Commodore Concierge Nurse Management, a home-care nursing company that assists underserved communities, appeared before the Economic Development Commission on Tuesday seeking tax benefits as it looks... To save articles or get newsletters, alerts or recommendations – all free. Nursing-Care Firm Seeks…...
Virgin Islands to Study Feasibility of Self-Funded Health Insurance Amid Rising Costs and Fiscal Concerns
10+ mon, 3+ week ago (608+ words) Although government employees in the Virgin Islands will continue to be covered by a standard group health insurance plan for now, this does not mean that the self-funding option is off the table. While Ms. Joseph agrees that “there are…...
Op-Ed | Governor Bryan: Why Self-Insurance Is the Key to Controlling Healthcare Costs in the Virgin Islands
11+ mon, 1+ day ago (606+ words) Some hear the words “self-insurance” and think of risk. I hear them and think of responsibility. Responsibility to stop paying more for less. Responsibility to confront a system that drains our budgets, our choices, and our peace of mind. Responsibility…...
Uncompensated Care, Vendor Debt, and Poor Collections Push JFL Toward Crisis
11+ mon, 4+ week ago (412+ words) The Governor Juan F. Luis Hospital on St. Croix is facing a financial crisis that lawmakers fear could severely impact its ability to serve patients. Massive collections shortfalls, mounting uncompensated care, and $21.2 million in accounts payable — some dating back over a…...