Jeff Lagasse

Author's posts

COVID-19 cases up 61% among children, data shows

In the last week of April, pediatric COVID-19 cases were up 61% from the period two weeks prior, according to data published by the American Academy of Physicians.
Though coronavirus cases among children were still down from a peak of about 1.15 millio…

Kaiser Permanente sees Q1 net loss of $961 million

Due in large part to investment losses, Kaiser Permanente posted a net loss of $961 million during the first quarter of this year, a stark contrast to the net income of $2 billion that was posted in 2021, according to financial data the organization re…

Centene divesting two pharmacy businesses for combined $2.8 billion

In two separate transactions, insurer Centene is divesting two of its pharmacy businesses, Magellan Rx and PANTHERx Rare. The company has signed two definitive agreement, and will sell the former to Prime Therapeutics and the latter to a consortium of …

Cigna launches provider consult service for cancer patients

Cigna has rolled out a new service geared toward improving health outcomes for patients with complex cancers. Powered by Evernorth, the company’s health services business, the service connects patients and their community oncologists with cancer subspe…

Care in Medicaid managed care networks is highly concentrated among small number of physicians

Medicaid managed care services are mainly concentrated across a small handful of providers, a trend that’s happening at a time when the managed care space is becoming more lucrative for health insurance providers, according to findings in a Health Affa…

Johnson & Johnson sues benefits company for allegedly overusing drug cost assistance program

Drug manufacturer Johnson & Johnson has filed a lawsuit against drug benefit company SaveOnSP for allegedly taking advantage of a J&J program that covers out-of-pocket costs for patients who use some of the more expensive prescription drugs.

CVS Health records $2.3 billion in profit in the first quarter

CVS Health beat industry expectations by bringing in $2.3 billion in profit in the first quarter of this year, a slight increase over the $2.2 billion profit posted during the same time last year, according to an earnings report filed this week.

Pfizer’s oral COVID-19 antiviral fails to prevent infection, data shows

Paxlovid, an oral COVID-19 antiviral produced by pharmaceutical manufacturer Pfizer, proved ineffective at preventing coronavirus infection among people living in the same house as an infected person, according to new data published by the company.

AHA, AMA, AHIP and others support permanent extension of ACA tax credits

The American Hospital Association has joined the American Medical Association, AHIP and other healthcare organizations in drafting a letter to congressional leaders supporting a permanent extension of tax credits under the Affordable Care Act.

Hospital operating margins negative for the third straight month, finds Kaufman Hall

Hospital operating margins showed slight improvement from February to March, but year-over-year they’re still down almost 49%, marking the third straight month in which margins lagged – suggesting that hospitals still have a long road to travel before …