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Humana, USAA launch Medicare Advantage plan aimed at veterans
Major insurer Humana, along with USAA Life Insurance Company, will be rolling out a new Medicare Advantage plan aimed at veterans, which aims to complement the healthcare benefits received through the Department of Veterans Affairs.
Health system mergers still low in Q3, despite high value of deals
Merger and acquisition activity between hospitals health systems remained low in the third quarter of 2022, with just 10 announced transactions – comparable to Q3 2021, which saw seven announced transactions, finds a new analysis from Kaufman Hall.
Mayo Clinic teams with Eclipse on cancer pharmaceuticals
Nonprofit health system Mayo Clinic has teamed with venture capital firm Eclipse on pooling together seed funding for Nucleus RadioPharma, a new company built to ensure cancer patients can access potentially life-saving radiopharmaceuticals.
The new co…
ACOs treating minorities more likely to leave Medicare Shared Savings Program
Accountable Care Organizations treating a higher percentage of patients in racial and ethnic minority groups are much more likely to exit the Medicare Shared Savings Program (MSSP) than ACOs treating mostly white beneficiaries, according to new researc…
Blue Shield of California sues state over Medi-Cal changes
Blue Shield of California has filed a lawsuit against the state’s Department of Health Care Services alleging the department of failing to supply documents detailing plans for how it will contract with for-profit insurers who seek participation in Medi…
Booster uptake lacking despite data showing efficacy
While data shows that COVID-19 vaccines are safe and effective, only a paucity of Americans are getting booster shots so far this fall, according to statistics released by the Assistant Secretary for Planning and Evaluation.
Administrative waste comprises 15 to 20% of healthcare spending, Health Affairs shows
Between 15 to 30% of all medical spending in the U.S. is attributable to administrative spending, which totaled between $285 billion and $570 billion in 2019, according to new research published by Health Affairs.
The report added that much of this spe…
CMS seeks comment on first healthcare provider directory
CMS is seeking public input on a relatively new concept for the agency: a directory containing information on healthcare providers and services, dubbed the “National Directory of Healthcare Providers and Services.” A request for information was sent ou…
CVS Health selling benefits technology provider bswift to Francisco Partners
CVS Health will officially be selling bswift, a provider of benefits technology and services, to Francisco Partners, a global investment firm that specializes in partnering with technology businesses.
Financial terms of the transaction have not been di…
See the list: Fewer plans earned 5 stars in 2023 MA star ratings
The Centers for Medicare and Medicaid Services has released the Medicare Advantage and Part D Star Ratings for 2023.
In all, 57 contracts earned five stars, down significantly from 74 last year. There were 67 contracts that earned 4.5 stars (down from …
