Montana health officials are proposing to oversee and set standards for the charitable contributions that nonprofit hospitals make in their communities each year to justify their access to millions of dollars in tax exemptions. The proposal is part of a package of legislation that the state Department of Public Health and Human Services will ask…
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Google on Thursday conceded defeat in its attempt to remake the gaming industry around the cloud, as it disclosed that it will shut down its Stadia games streaming service early next year. The internet giant held up Stadia as the forerunner in a “cloud gaming” revolution when it announced the service in 2019. But it…
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US president Joe Biden declared a major disaster in Florida and pledged federal support after Hurricane Ian churned through the state, causing widespread damage and leaving millions of residents without power. More than 2.6mn utility customers were estimated to have lost electricity as emergency crews began to assess destruction from the storm, which made landfall…
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Massachusetts has become the latest state to settle with health insurance giant Centene Corp. over allegations that it overbilled the state’s Medicaid program for pharmacy services, KHN has learned. Centene, the nation’s largest Medicaid managed-care insurer, will pay $14.2 million, according to Massachusetts Attorney General Maura Healey. An official announcement is expected later Thursday. “This…
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The modern semiconductor industry is a manufacturing miracle. In 1961 a state of the art computer chip contained just four transistors. Such has been the industry’s extraordinary innovation since then that the latest graphics chip from Nvidia contains 76bn. According to a calculation by the historian Chris Miller, the global chip industry manufactured more transistors…
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More than 2.6mn people in Florida were estimated to be without power on Thursday morning after Hurricane Ian ploughed into the south-west of the state, inundating the coastline and tearing through infrastructure and property. Hurricane Ian made landfall at about 3.05pm Eastern time on Wednesday and was causing “catastrophic storm surge, winds, and flooding”, the…
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Here are the most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Call for tenders – developing the XBRL taxonomy for the first set of ESRS The Corporate Sustainability Reporting Directive (CSRD) requires the adoption of EU Sustainability Reporting Standards (ESRS) to be developed by EFRAG. In…
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Senior Operations Reporter Alex Kacik and Rules and Regulations Reporter Maya Goldman talk about the overhaul of accountable care organization payments. Subscribe to Beyond the Byline Not a Modern Healthcare subscriber? Sign up today. Follow us on Twitter Music Credit: Coffee by Cambo Alex Kacik: Federal regulators have been trying to boost risk based contracting…
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Hello, this is Kenji from Hong Kong. The city is gradually shifting away from some of the strictest Covid control measures in the world, as local authorities scrapped the compulsory hotel quarantine for inbound travellers starting this week. It is certainly a positive step, but we are not quite back to normal. Other social distancing…
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Workers’ compensation (WC) claims can significantly dent a business’s productivity and margins. Out-of-work employees coerce company leaders to manage with inadequate workforces while training replacement staff and augmenting employee safety. The average cost for a WC claim is $41,003. A leading WC risk is ergonomics-based incidents, including manual material handling and repetitive upper extremity movements…
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