The regulation instructs a third-party arbiter to consider both an insurer's median in-network rate, or qualified payment amount, and additional information when determining the correct payment for a surprise bill. (Kacik, 2/7) Modern Healthcare: Encompass Health Profits Plummet In Uneven 2022 Encompass Health saw profits plummet nearly 30% last year as it dealt with the rising labor costs and inflation besetting the healthcare sector, the inpatient rehabilitation provider reported Tuesday. Net income for the Birmingham, Alabama-based company reached $365.9 million in 2022, compared with $517.2 million in the prior year. Revenue increased 8.3% to $4.35 billion and operating expenses grew 10.8% to $3.72 billion. Salaries and wages rose 12.5%. (Hudson, 2/7) Stat: Verily, Struggling To Turn Profit, Turns To Starbucks Veteran The newly-minted CEO of the Alphabet health tech spinout Verily is not a doctor or a Ph.D. scientist.