Centene reported nearly $850 million in first quarter profit as membership grew by 1.9 million thanks to an increase in enrollment in Medicaid, Medicare and Obamacare plans, the company said Tuesday.
Category: Enterprise Tech
Anthem Profits Hit $1.8 Billion On Medicaid, Medicare Growth
Anthem’s first quarter profits reached $1.8 billion thanks to strong enrollment in its Medicaid and Medicare Advantage plans.
UnitedHealth Group’s Profits Exceed $5 Billion Thanks To Optum And Medicare Growth
UnitedHealth Group’s profits eclipsed $5 billion in the first quarter thanks to Optum health and seniors flocking to the company’s Medicare Advantage plans.
Broader Inflation May Be Up, But Obamacare Premiums Are Down
Health insurance premiums in the Affordable Care Act marketplace, also known as Obamacare, declined in most states in 2022 for the third straight year.
Michael Niedorff, Longtime CEO Of Health Insurer Centene, Dies At 79
Michael Neidorff, the longtime chief executive officer of Centene has died, the company confirmed Thursday. He was 79.
Forbes 2022 Next Billion-Dollar Startups List: Nominations Are Open
With this year’s Forbes Next Billion-Dollar Startups list, we’re looking for companies like alumni DoorDash, Benchling and Alchemy in their nascent days.
In Home Health Play, UnitedHealth’s Optum To Buy LHC Group For $5.4 Billion
UnitedHealth Group’s Optum health services business will pay $5.4 billion for LHC Group, a national provider of home healthcare services.
Centene Promotes Tech And Healthcare Strategist Sarah London To CEO Job
Centene has promoted Sarah London to the job as Chief Executive Officer, succeeding the retiring Michael Neidorff, the health insurer announced Tuesday afternoon.
Highmark Blue Cross Reaps $440 Million Profit As Insurer Expands Into New Regions
Highmark Health, parent of Blue Cross and Blue Shield plans in four states, reported $440 million profits for 2021.
UnitedHealth Group Vows To Fight DOJ Challenge Of Optum’s Change Healthcare Deal
UnitedHealth Group outlined benefits of its Optum unit’s proposed $13 billion acquisition of the software and data analytics firm Change Healthcare in response to the Justice Department’s challenge of the deal.
