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Finexio and RipplePoint Launch Integrated AP Automation for Hospitality
6+ hour, 52+ min ago (168+ words) The collaboration combines Finexio's Payments-as-a-Service infrastructure with RipplePoint's long-standing hospitality expense analytics system. The companies said the joint solution is designed to help operators reduce costs by 30% to 60% while shifting AP from a labor-intensive cost center to a profit generator. "By partnering with RipplePoint, we're delivering a solution that fundamentally transforms how hospitality businesses manage their financial operations," Ernest Rolfson, CEO and founder of Finexio, said in a statement. Dustin Reineke, president and CEO of RipplePoint, stated that the partnership marks "a watershed moment" in hospitality, streamlining expenses and payments. The integrated Finexio-RipplePoint solution is now available to RipplePoint customers, with early adopters reporting double-digit hours saved weekly and immediate cost savings, according to the companies. Finexio and RipplePoint Launch Integrated AP Automation for Hospitality Fanatics Enters Prediction Market Sector with Fanatics Markets Launch Binance Appoints Co-Founder Yi He as…...
Auditors submitted 24 fake applications for subsidized health insurance. Only 1 was denied.
7+ hour, 59+ min ago (345+ words) Government auditors tried to enroll 24 fictional people in health insurance plans offered via the Affordable Care Act exchanges'the marketplaces where taxpayer-subsidized health insurance plans are available for purchase. Only one of those applications was denied. Auditors with GAO created four fictional applications during 2024 that used fake Social Security numbers and income claims that lacked any verification. All four were approved for subsidized health insurance. In one case, GAO noted that the federal marketplace said "it confirmed the applicant's estimated income based on documentation we submitted." "However, we did not submit documentation to confirm the applicant's income," the auditors reported. In many of those cases, "matches had different names and dates of birth across Marketplace enrollment data and SSA's death data," GAO noted. "These matches could represent synthetic identity fraud." In the meantime, lots of taxpayer-funded subsidies might be getting paid…...
Federal Agencies Clarify Pathways for Fertility Benefits Offered by Employers
8+ hour, 38+ min ago (478+ words) On October 16, 2025, the Departments of Treasury, Labor, and Health and Human Services (the "Departments) issued FAQs clarifying ways employers can offer fertility benefits in compliance with existing excepted benefits rules under federal law. The Departments issued the FAQs in response to a February 2025 Presidential Executive Order (EO 14216), which directs the Assistant to the President for the Domestic Policy Council to submit policy recommendations to protect access to in vitro fertilization (IVF) and aggressively reduce out-of-pocket and health plan costs for IVF treatment. The FAQs describe how fertility coverage can be provided under existing "excepted benefit regulations. Excepted benefits are benefits that are exempt from HIPAA and many Affordable Care Act patient protections (such as annual and lifetime dollar limits and preventive services mandates). Three Compliant Pathways for Fertility Benefits The FAQs describe three pathways for employers to offer fertility benefits…...
9+ hour, 18+ min ago (1308+ words) Anticipating legal challenges to the Proposed Rule's changes, and in a move that itself may likely be subject to challenge, CMS asserts that any provision of its final regulation that is ultimately held unlawful or otherwise invalidated shall be severable so as not to impact the remaining regulations. I. Implementation of Certain Provisions of the Inflation Reduction Act of 2022 (IRA) and the Substance Use Disorder Prevention that Promotes Opioid Recovery and Treatment for Patients and Communities Act of 2018 (SUPPORT' Act) IRA " Part D Redesign SUPPORT Act " Opioid-Related Provisions II. Enhancements to the Medicare Advantage and Medicare Prescription Drug Benefit Programs Proposal to Revise List of Non-Allowable Special Supplemental Benefits for the Chronically Ill (SSBCI) In the CY2026 MA final rule, CMS adopted a non-exhaustive list of items and services that may not be offered as SSBCI because they do not meet the statutory…...
Healthcare & Life Sciences: Drug Pricing Digest - December 2025
9+ hour, 26+ min ago (271+ words) Commenters discussed how these new MFPs may overlap with previously announced most favored nation (MFN) deals. The statement goes on to explain that "in exchange for these and other commitments, the United States has agreed to exempt U.K.-origin pharmaceuticals, pharmaceutical ingredients, and medical technology from Section 232 tariffs and will refrain from targeting U.K. pharmaceutical pricing practices in any future Section 301 investigation for the duration of President Trump's term." Sources: PoliticoPro, BBC News, The Guardian, The Telegraph. Register for the December 11 Latham webcast "2025 Year in Review: A Look Back (and Look Ahead) at the Trump Administration's Priorities." No developments to report. Litigation regarding 340B rebate models continues at the appellate level." Meanwhile, stakeholders continue to discuss implications of the rebate model, with a major pharmacy chain reportedly excluding drugs subject to the model from its contract pharmacy program." Drug manufacturer litigation challenging the…...
Report: Northwest Ohio substance abuse provider targeted by audit
9+ hour, 29+ min ago (202+ words) (The Center Square) "Ohio improperly paid a Toledo-area behavioral health agency nearly $2 million in taxpayer funds, according to a new state audit. State Auditor Keith Faber said his office is recommending repayment of about $1.87 million by Empowered for Excellence Behavioral Health of Ohio after a traditional audit of Medicaid providers. Empowered by Excellence is certified with the Ohio Department of Mental Health and Addiction Services and was paid $14.9 million to provide nearly 115,000 substance use disorder, mental health and professional medical services between Jan. 1, 2021, and Dec. 31, 2023. Faber said his office found instances where treatment plans did not authorize services that were provided, missing documentation to support reimbursements and services more than daily limits. The Ohio Department of Medicaid handles health care and other programs for nearly 3 million lower-income Ohioans, older adults, people with disabilities, pregnant women, infants and children. The state…...
LIC launches Protection Plus, Bima Kavach plans
12+ hour, 35+ min ago (267+ words) The Life Insurance Corporation of India (LIC) on Wednesday launched two new plans " Protection Plus and Bima Kavach. The corporation, in a statement, said Protection Plus is a non-par, linked, life, individual savings plan, which offers life insurance cover-cum-savings throughout the term of the policy. Bima Kavach is a non-par, linked, life, individual pure risk plan, which provides financial protection to the family of the insured in case of his/her unfortunate death during the policy term. Besides providing life insurance cover, this plan offers flexibility to choose the type of investment fund, increase/ decrease the sum assured and pay top-up premiums. Partial withdrawal is allowed after five years from the date of commencement. Under this plan, the proposer can choose the amount of premium he/she desires to pay, based on which the basic sum assured ill be decided. The…...
CMS Releases the Proposed 2027 Medicare Advantage and Part D Rules
13+ hour, 25+ min ago (884+ words) Last week, the Centers for Medicare & Medicaid Services (CMS) released its proposed Contract Year 2027 Policy and Technical Changes to the Medicare Advantage Program, Medicare Prescription Drug Benefit Program, and Medicare Cost Plan Program (Proposed 2027 Rules)....By: Mintz - Health Care Viewpoints CMS Releases the Proposed 2027 Medicare Advantage and Part D Rules Last week, the Centers for Medicare & Medicaid Services (CMS) released its proposed Contract Year 2027 Policy and Technical Changes to the Medicare Advantage Program, Medicare Prescription Drug Benefit Program, and Medicare Cost Plan Program (Proposed 2027 Rules). As is common for the annual proposed rules, the Proposed 2027 Rules cover a broad range of topics. In the last few years, the agency has lost multiple legal cases challenging the validity of its rules and/or how it implements its rules " it has lost cases relating to Star Ratings, its updated marketing and communications…...
Blue Cross of Idaho plans to sell Meridian campus, seeks new location nearby
14+ hour, 15+ min ago (268+ words) Blue Cross of Idaho has announced plans to sell its expansive 34-acre campus in Meridian, located at Pine Ave. and Eagle Rd., as the company seeks a new locatio ... Blue Cross of Idaho plans to sell Meridian campus, seeks new location nearby by CBS2 News Staff BOISE, Idaho (CBS2) " Blue Cross of Idaho has announced plans to sell its expansive 34-acre campus in Meridian, located at the intersection of Pine Avenue and Eagle Road, as the company seeks a new location, according to an article by BoiseDev. The current site, which Blue Cross moved to in 1997, features a 238,000-square-foot office building, a pond, a water fountain, and walking trails. The company has engaged TOK Commercial Real Estate to find a buyer for the property and to locate a new space in the Treasure Valley area. The decision to move comes as Blue…...
Use ’em or lose ’em: Your 2025 FSA dollars need to be spent now
15+ hour, 49+ min ago (341+ words) Thousands of working Americans are now finding themselves in a familiar situation characterized by unfamiliar spending habits " looking for ways to spend all the money they can before the clock " and cash " runs out. It's the end of the year, and it's time to empty your Flexible Spending Account (FSA) account. Billions of unused bills FSAs help workers pay for out-of-pocket medical expenses using tax-free dollars. But unlike health savings accounts (HSAs), most FSA funds don't roll over. According to a recent analysis by money.com, Americans are forfeiting more than $4 billion a year because they don't use what they've saved. You've still got time " and more options than you might expect. A recent article on usatoday.com pointed out seven less obvious ways to put that money to work before the clock strikes 2026: 1. Therapy (for a diagnosed condition) Talk…...