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Kaiser Permanente continues rebound with $25.2B in Q2 revenue
After a rough financial year in 2022, Kaiser Permanente got off to a strong start to begin the year and has continued to rebound, finishing the second quarter of 2023 with $25.2 billion in operating revenues, vs. $24.4 billion in expenses. Revenues wen…
HCSC vies to improve maternal health with new program
Health Care Service Corporation is launching a new program tasked with improving maternal and infant healthcare by partnering with community organizations.
Cyberattack disrupts hospitals across several states
A cyberattack targeted facilities operated across several states by Prospect Medical Holdings, disrupting computer systems and forcing some emergency rooms to shut down and ambulances to be diverted.
Evernorth growth fuels strong revenues for Cigna in Q2
Major insurer Cigna outperformed industry expectations in the second quarter, riding sustained growth at subsidiary Evernorth and raking in $48.6 billion in revenues, with shareholders’ net income hitting $1.5 billion, or $4.92 per share.
Almost a quarter of Black parents experience unfair treatment in healthcare
It’s been long reported that Black patients and other members of racial/ethnic minority groups face discrimination or unfair treatment in healthcare.
But a new Urban Institute study hones in specifically on minority parents, finding that 13% of parent…
AmeriHealth Caritas offering coverage to former Friday Health Plans members
After Nevada became the latest state to liquidate Friday Health Plans, beneficiaries and insurance officials fretted about placing people into new coverage. In North Carolina, one of the states in which Friday once conducted business, AmeriHealth Carit…
MA membership growth drives strong quarter for Humana
Due in part to “better-than-expected” membership growth in Medicare Advantage, insurer Humana announced in its quarterly earnings call this week that it had logged a strong second quarter, collecting earnings of about $956 million, a 37.8% increase ove…
CMS, Maximus investigating data breach involving personal health information
The Department of Health and Human Services and the Centers for Medicare and Medicaid Services are responding to a data breach in May in Progress Software’s MOVEit Transfer software on the corporate network of Maximus Federal Services, a contractor to …
Patients more likely to get breast, colorectal screenings if they have Medicare
Patients are 50% more likely to get breast cancer screenings, and twice as likely to get colorectal cancer screenings, once they’re in the Medicare program, according to new findings published by Epic Research.
