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CVS Health Bids $10.6 Billion For Oak Street Health, Countering Walgreens Doctor Clinic Push
CVS Health’s plan to buy Oak Street Health for $10.6 billion adds a large network of doctor-staffed clinics primarily used by seniors amid a doctor buyout wave by retailers including Walgreens, Walmart and Amazon.
Centene Reports Loss But Unveils Obamacare Revenue Boost For 2023
Centene reported a $213 million loss but raised its guidance for 2023 thanks to increasing revenue from Obamacare.
Cigna Profits Top $1 Billion With 1M New Health Plan Members Forecast For 2023
Cigna reported nearly $1.2 billion in fourth quarter 2022 net income and forecasts the addition of “at least” 1.2 million new medical customers in 2023.
City Of Hope Expands Brand To Cancer Treatment Centers Of America Hospitals
City of Hope will extend its brand to the Cancer Treatment Centers of America facilities it acquired last year.
Humana Sees Growth Of ‘At Least’ 625,000 Medicare Advantage Members This Year
Humana said its individual enrollment in Medicare Advantage would jump by “at least 625,000” for 2023.
Abbott Reports $1 Billion Profit Despite Falling Covid Testing Sales
Abbott Laboratories reported $1 billion in fourth quarter profits despite an expected decline in sales of tests for COVID-19.
Elevance Health Reports $949 Million Profit Thanks To Medicaid Enrollment Growth
Elevance Health reported $949 million in fourth quarter profits as the health insurer benefitted from higher premiums and growth in its government businesses of Medicaid coverage for poor Americans and Medicare Advantage for seniors.
Elevance Health To Buy Louisiana Blue Cross Plan
Elevance Health will buy Blue Cross and Blue Shield of Louisiana, adding to its family of Anthem Blue Cross plans in 14 other states.
UnitedHealth Group Reports $4.7 Billion Profit As Optum And Health Plans Maintain Momentum
UnitedHealth Group’s profits eclipsed $4.76 billion in the fourth quarter as the healthcare giant’s UnitedHealthcare insurance plans and Optum health services maintained growth.
Obamacare Enrollment Up 13% To Record 16 Million
A record 15.9 million Americans have purchased individual coverage under the Affordable Care Act known as Obamacare for this year with another five days for people to sign up.
