Rising labor costs and high inflation rates are expected to drive up the annual U.S. national health expenditure by $370 billion by 2027, according to a recent report from McKinsey.

More than 120 medical societies have joined the AMA in a letter urging congressional leaders to enact long-term solutions to the systemic problems in the Medicare physician payment system and to address cuts that are going into effect in 2023.

Dozens of medical societies have signed a new letter urging Congress to stop upcoming Medicare payment cuts. “The Medicare payment system remains on an unsustainable path threatening beneficiaries’ access to physicians," they wrote. 

The findings highlight an alarming trend in the healthcare industry, as the COVID-19 pandemic has strained the healthcare workforce and accelerated planned departures from the industry.

The deal brings together two healthcare consulting businesses during a period of mass consolidation across the healthcare industry.

The American Hospital Association (AHA) and the American Medical Association (AMA) have dropped their legal challenge to the interim final rule independent dispute resolution process of the No Surprises Act.

Despite higher rates of burnout and stress among healthcare workers during the pandemic, the healthcare industry has reported lower unemployment rates than other fields.

Intermountain Healthcare, a Utah-based nonprofit healthcare system operating in seven states, has launched a telehealth program aimed at reducing hospital transfers among pediatric patients and lowering costs.