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Disgusted By Shootings, Doctors Push Congress On Gun Violence
The American Medical Association and a parade of medical care provider groups are intensifying their calls for Congress to pass gun control legislation, frustrated at the mounting death toll of Americans including children, teachers and – just this wee…
Rite Aid Touts PBM, Other Assets Amid Buyout Rumblings
Rite Aid’s leadership team is highlighting the drugstore chain’s growing pharmacy benefit management company amid buyout rumblings for the U.S. drugstore chain.
Anthem Shareholders Approve Health Insurer’s Rebrand To ‘Elevance Health’
Anthem shareholders Wednesday approved the health insurer’s plan to become Elevance Health in a major rebranding designed to focus the health insurance company on “whole health” of customers and patients.
Cigna Profits Hit $1.2 Billion On New Health Plan Customers And Evernorth Growth
Cigna reported nearly $1.2 billion in quarterly profits thanks to rising commercial health plan enrollment and continued growth of the company’s Evernorth health services business.
Walgreens Will Pay $683 Million To Settle Florida Opioid Cases
Walgreens Boots Alliance will pay $683 million to settle with the state of Florida to resolve claims it contributed to the opioid epidemic.
CVS Profits Eclipse $2 Billion As Health Plan Enrollment Grows
CVS Health reported more than $2 billion in quarterly profits thanks to new health plan members “across all product lines” and customers continued to rely on its stores for Covid-19 tests and vaccinations in the pandemic.
Health Plans Brace For Specialty Drugs Eclipsing 50% Of Prescription Spending
Health plans that manage drug costs say specialty drugs now account for 50% or greater of the total prescription spending they manage.
CVS Taps New Chief Medical Officer As Primary Care Takes Off
CVS Health promoted Dr. Sree Chaguturu to be the company’s chief medical officer as the retail drugstore chain and health insurance giant emphasizes the importance of primary care.
Humana Reports $930 Million Profit As CEO Plan To Reboot Medicare Business ‘Makes Progress’
Humana profits eclipsed $930 million in the first quarter, reporting better-than-expected results in a competitive environment for its Medicare Advantage business.
Centene Profits Hit $849 Million On Medicaid, Medicare And Obamacare Growth
Centene reported nearly $850 million in first quarter profit as membership grew by 1.9 million thanks to an increase in enrollment in Medicaid, Medicare and Obamacare plans, the company said Tuesday.
