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Cigna Q4 profit takes hit due to medical costs
The Cigna Group saw profits take a hit in the fourth quarter, reaching $1.4 billion, while it struggled with elevated medical costs, officials said during an earnings call today.
Cigna’s profits for the year were $3.4 billion, a decrease from the $5.2 …
Trump bans gender-affirming care for people younger than 19
President Donald Trump has signed an executive order that seeks to eliminate government support for transgender healthcare, saying the feds will not fund, sponsor or support gender-affirming surgery and will “rigorously” enforce laws that prohibit or l…
CMS withdraws appeal of UnitedHealth’s star ratings lawsuit
The Centers for Medicare and Medicaid Services has withdrawn its appeal of a district court ruling that determined the agency must recalculate Medicare Advantage Star Ratings for UnitedHealthcare.
CMS had originally signaled its intent to file an appea…
190 million people affected by Change Healthcare cyberattack, says UHG
Change Healthcare has confirmed that about 190 million people were affected by the 2024 cyberattack that caused upheaval in the healthcare industry, with the majority of those having already been notified.
UnitedHealth Group, Change’s parent company, s…
Poll: Spend more on Medicare and Medicaid, voters say
As President Donald Trump begins his new term, a new KFF tracking poll finds that both Medicare and Medicaid continue to be viewed favorably by large majorities of the public, including majorities of Republicans, Democrats and independents.
Innovaccer embraces AI with Humbi AI acquisition
Healthcare artificial intelligence company Innovaccer has signaled its intent to acquire software, services and analytics company Humbi AI for an undisclosed amount.
This marks Innovaccer’s third acquisition, following Cured and Pharmacy Quality Soluti…
Tim Noel appointed new CEO of UnitedHealthcare
UnitedHealth Group has named Tim Noel the newest chief executive officer of its insurance business, UnitedHealthcare, with Noel filling the vacancy left by former CEO Brian Thompson, who was fatally shot in New York City in December.
Tim Noel appointed new CEO of UnitedHealthcare
UnitedHealth Group has named Tim Noel the newest chief executive officer of its insurance business, UnitedHealthcare, with Noel filling the vacancy left by former CEO Brian Thompson, who was fatally shot in New York City in December.
Credit downgrades outpaced upgrades for nonprofit hospitals
Once again, more nonprofit hospitals experienced credit downgrades than upgrades in 2024, though the difference between the two is not as great as it has been in previous years, according to a new analysis.
University of California Health saving $15 million through pooled surgery data
The five medical centers overseen by the University of California have collected more than a decade’s worth of surgical data, allowing it to streamline care and improve financial margins, saving $15 million so far in a collective known as the Universit…
