Healthcare costs in Massachusetts spiral upward

Healthcare costs in Massachusetts are beginning to spiral upward, according to a new report from the Center for Health Information and Analysis. The report indicates that costs rose 4.8 percent last year, which is twice the amount of growth in 2013 and more than the 1.6 percent nationwide inflation rate. Officials are not sure if it is part of a trend or a fluke. Much of the inflationary spiral was tied to the state's Medicaid program. Medicaid spending increased 19 percent--in part to cover a 23 percent expansion in membership. Read the full report at FierceHealthPayer

Suggested Articles

A commonly used format for formulary submissions has been updated to enable drug companies to share information with payers on unapproved products.

NextGen Healthcare's Rusty Frantz sounded off about hospitals opposing proposed federal data-sharing rules while also sharing data with tech giants.

Welcome to this week's Chutes & Ladders, our roundup of hirings, firings and retirings throughout the industry.