Jeff Lagasse

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Revenues and expenses up, margins down for nation’s hospitals

Hospitals across the U.S. are seeing both higher revenues and higher expenses, and operating margins have begun to contract slightly, according to March data published by Strata. 

Aetna exiting ACA markets as CVS Health logs $1.8B in profit

CVS Health has seen profit and revenue grow over the past year, logging $1.8 billion in profit for the first quarter of the year, and $94.6 billion in revenue (compared to $1.1 billion and $88.4 billion in Q1 2024, respectively). But the company’s insu…

Patrick Conway named new CEO of Optum

Leadership changes are afoot at Optum, with parent company UnitedHealth Group announcing that Dr. Patrick Conway will become CEO of the division.

Humana pulls in $1.2B in profit, reaffirms outlook

Humana took in $1.2 billion in profit in the first quarter of 2025, enough for the insurer to reaffirm its outlook for the year.
Revenue clocked in at about $32.1 billion for the quarter, while earnings per share were $11.58.

Kaiser Permanente fined $819K for delays in handling member complaints

The California Department of Managed Health Care (DMHC) has levied a fine totaling about $819,150 to Oakland-based Kaiser Permanente for alleged delays in handling complaints from health plan members.

Cleveland Clinic to debut AI tools for revenue cycle

The Cleveland Clinic will be furthering its artificial intelligence ambitions by deploying generative AI tools meant to make medical coding more accurate and efficient.
In partnering with generative AI outfit AKASA, Cleveland Clinic will be implementin…

Houston Methodist, Ambiance partner on inpatient artificial intelligence

Houston Methodist is teaming up with ambient artificial intelligence company Ambience Healthcare on a collaboration to integrate AI into emergency departments and inpatient care settings.
This collaboration seeks to improve both efficiency and patient …

Healthcare data breaches on the decline in March

Healthcare data breaches appear to be on the decline for now.
The HIPAA Journal reported just 58 breaches in March – the lowest total for the month of March since 2022, and a 46% reduction from the 98 breaches reported in March 2023.

Centene pulls in $1.3 billion in Q1 earnings

Centene reported $1.3 billion in earnings during Q1 2025, which slightly beat out the $1.2 billion the company posted in the prior year quarter, the insurer said on Friday.
Seeing even greater growth was revenue, which hit $46.6 billion in the quarter,…

Yale New Haven Health data breach affects 5 million people

Yale New Haven Health has reported that a March data breach affected more than 5 million people. The health system said 5,556,702 people were impacted by the cyberattack in a report to the Health and Human Services’ Office for Civil Rights’ data breach…