Almost a year into the coronavirus pandemic, insurers are winning most lawsuits from businesses seeking compensation for government-ordered shutdowns. The trend favoring insurers appears to be continuing in 2021. According to reports, federal judges in Florida dismissed three Covid-19 business-interruption…
Hospital merger and acquisition activity stayed within its 10-year historic range in 2020 despite the coronavirus pandemic disruptions. Healthcare management advisory firm KaufmanHall reported 79 M&A transactions last year, down from 92 reported transactions in 2019. However, there are signs…
By Aneri Pattani | KHN.org The nurses at Mission Hospital in Asheville, North Carolina, declared on March 6 — by filing the official paperwork — that they were ready to vote on the prospect of joining a national union. At…
By Laura Ungar | KHN.org COLUMBIA, Mo. — A memory haunts Christina Fuhrman: the image of her toddler Pearl lying pale and listless in a hospital bed, tethered to an IV to keep her hydrated as she struggled against a superbug…
Hard market conditions continued last quarter with premium price increases averaging double digits, according to a new survey. The Council of Insurance Agents & Brokers’ (CIAB) quarterly index found the average premium for all-sized accounts jumped 11.7% in Q3 2020 compared to…
The legal fight over whether insurance companies have to pay for coronavirus-related losses is ongoing, with new developments happening in courts daily. According to reports, a case filed by a New Orleans restaurant owner will head to trial in Louisiana….
Federal agencies warn cybercriminals are targeting the U.S. health care system with a wave of new ransomware attacks. In a joint alert issued late last month, the FBI, the Cybersecurity and Infrastructure Security Agency (CISA), and the Department of Health and…
By Jordan Rau | KHN.org Nearly half the nation’s hospitals, many of which are still wrestling with the financial fallout of the unexpected coronavirus, will get lower payments for all Medicare patients because of their history of readmitting patients, federal…
The U.S. Department of the Treasury issued a warning to companies that help make ransomware payments; you could face civil penalties. “Companies that facilitate ransomware payments to cyber actors on behalf of victims, including financial institutions, cyber insurance firms,…
Ransomware continues to be a massive problem for businesses and governments, and when hackers take data hostage, organizations are turning to negotiators. The negotiators attempt to scale down the hackers’ financial demands, arrange the cryptocurrency payments, and help with data…
