The healthcare industry got what it wanted, to an extent, with about $100 billion in funding allotted to providers in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).

The new coronavirus could have long-lasting impacts on the economy and health insurance, potentially ballooning premiums next year, according to a new report from Covered California, the health insurance marketplace in California.

Health insurer Aetna, owned by CVS Health, has opted to waive cost-sharing and co-pays for commercially insured members of the company when it comes to care for COVID-19.

The White House and Senate have reached a deal for a stimulus package worth about $2 trillion, with help coming to hospitals and healthcare providers dealing with the COVID-19 outbreak.

Kaiser Permanente, the nonprofit health system based in California, has canceled its plans to build new headquarters expected to cost $900 million.

 

Some of the nation’s largest healthcare systems have joined forces with technology companies, including Amazon and Microsoft, nonprofits and academic institutions to form a coalition dedicated to mitigating the COVID-19 pandemic and saving lives.

Health insurance giant Cigna has expanded its collaboration with Cricket Health, a kidney care provider, to use a machine learning algorithm that identifies Cigna customers with or at risk for developing late-stage chronic kidney disease. Cigna is a major investor in Cricket Health, committing $24 million in a Series A funding round in 2018.

A new study conducted in a simulated Singapore setting reveals that efforts to contain the spread of the new coronavirus, COVID-19, can actually have a positive effect.

Eleven more states are following the lead of Florida and Washington in applying for Section 1135 Medicaid waivers to be granted more flexibility in dealing with the spread of the new coronavirus, COVID-19.

 

CMS conducted an inspection of a nursing home based in Kirkland, Washington, the Life Care Center, considered to be the epicenter of the state’s outbreak of the new coronavirus, and is planning to inspect more nursing homes impacted by the virus.

Healthcare organizations are a top target for cyberattacks, more so than any other industry, according to the latest Beazley Breach Briefing.

A patient who sought treatment for coronavirus symptoms in late February was left with a medical bill of $34,927.43 for testing and treatment.