Category: Enterprise Tech

Amazon’s One Medical Deal Wins Over State Regulator Not Worried About Price Increases

Amazon’s proposed acquisition of primary care provider One Medical was cleared by the Oregon Health Authority, which had no “concerns about price increases.”

2023: The Year Medicare Advantage Begins To Dominate Traditional Medicare

With one in two seniors now enrolled in the privatized health plan alternative to traditional Medicare known as “Medicare Advantage,” look for growth to escalate in 2023 and beyond.

First Outside Investment In 30 Years Makes Life Sciences Software Firm A Unicorn

Salt Lake City-based MasterControl built its business under the radar for decades. Now the company is worth $1.3 billion.

Centene CEO Shakes Up Management Team

Health insurer Centene shuffled its senior management ranks, elevating Ken Fasola to become president of the company and promoting two other executives.

Employers Brace For 5% Health Cost Spike Next Year On Top Of General Inflation

U.S. employers must brace for healthcare cost increases at more than 5% for next year “and beyond,” new data from Mercer shows.

UnitedHealth Group Revenue To Hit $360 Billion Next Year

UnitedHealth Group revenue will surpass $357 billion next year as the diversified healthcare giant continues to grow its health insurance business along with the provision of medical care.

After Overhype And Retrenchment, Magic Leap Finds A Niche In Less Cool But Useful Augmented Reality

After its bubble burst, Magic Leap, under former Microsoft exec Peggy Johnson, targets industry for its augmented-reality headsets.

DIABETES – The Pandemic Is Here. How Do We Treat It?

On October 31, the White House declared this to be National Diabetes Month. You can be forgiven if you did not know that such a designation exists, but be slow to put this in the category of National Barbecue Day (May 16) because it is a safe bet that …

Alignment Healthcare Posts Loss As Insurer Expands Medicare Advantage Into New Markets

Alignment Healthcare reported a $40 million loss in its third quarter as the startup provider of Medicare Advantage coverage spends money to expand coverage into new markets and further grow enrollment.

Evernorth Performance And Life Insurance Sale Boost Cigna Profits

Cigna reported $2.8 billion in quarterly profits thanks to the sale of the company’s life benefits business, rising health plan membership and growth of Evernorth health services.