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Stock impact report

‘Egregious': Idaho insurer says planned hospital's practices could drive up costs [Yahoo! Finance]

Gannett Co., Inc. (GCI) 
Last gannett co., inc. earnings: 11/4 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.gannett.com
Company Research Source: Yahoo! Finance
But Idaho's largest health insurer says the company exploits its out-of-network status to seek reimbursement for medical services at rates sometimes 10 times as high as Medicare pays. Unchecked, that could drive up health care costs for self-insured groups — or even push health insurance premiums higher, say officials with the insurer, Blue Cross of Idaho. Nutex Health, based in Houston, operates boutique hospitals providing what it calls a “concierge” level of around-the-clock emergency care, plus some “specialty” services, according to its website . “In comparison to the traditional hospital systems, patients will be met with the convenience of emergency care in the comfort of a relaxing environment, a short wait time, and ample one-on-one time with a board-certified physician and emergency trained staff,” said the company in a 2024 news release announcing the opening of its sole Idaho hospital, the Post Falls ER & Hospital Now the chain wants to open up shop closer to Boise. Show less Read more
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