Libra Review | Choose Better

You can view the original post here It’s not possible to keep away from dialogue of inflation lately. Even only a cursory look on the information brings tales of rising fuel costs, and in case you’re like most People, lots of your conversations with associates and neighbors heart on how the price of every little thing from groceries to accommodations goes up month after month. However what about medical care? Is inflation additionally impacting the price of physician’s visits and hospital stays? And what does this imply for you as a healthcare supplier? Right here’s what it's essential know. Does healthcare inflation affect prices? The reply is a powerful sure — and sadly, the results are solely anticipated to develop into extra pronounced within the coming years. Specialists are predicting that will increase in healthcare prices are looming. However as a result of funds and charges between insurance coverage corporations and enormous medical programs are negotiated ye...

Dive Brief: Molina Healthcare in the first quarter recorded its highest COVID-19 costs since the start of the pandemic, CEO Joe Zubretsky  said Thursday. However, those costs were almost entirely offset by members cutting back on healthcare visits, a common trend throughout the pandemic, he said on a call with investors. After costs peaked in January, they quickly declined in the subsequent months. "When I say [COVID-19 costs] subsided during the quarter, it did so dramatically," Zubretsky added.      Dive Insight: The omicron variant fueled a surge in cases and hospitalizations at the start of the year, exacerbating challenges for providers.  Still, payers like Molina are raising financial expectations for the year as they record an increase in members, revenue and profit in the first quarter. On the Thursday morning call,  executives also provided details on patient utilization aside of COVID-19. Many i...