UnitedHealth Group closed out the final quarter of 2023 with $5.5 billion in profit, an increase from the $4.8 billion it posted in Q4 of 2022, the company revealed in its latest earnings report.
Category: Healthcare Finance News
New Hampshire hospitals nearing 100% capacity as respiratory diseases spread
Respiratory illnesses such as the flu, RSV and COVID-19 are on the rise once again, and as hospitals and health systems grapple with how to handle the surge, one state is seeing its provider workforce buckle: Hospitals in the state are nearing 100% cap…
CMS reports record number signing up for ACA plans
Over 20 million people have selected an Affordable Care Act health plan since the 2024 Marketplace Open Enrollment Period launched on November 1, according to the Department of Health and Human Services, calling this a record number of enrollments.
Elevance Health increasing access to smartphones in bid to tackle digital divide
At this year’s Consumer Electronics Show, Elevance Health said it would launch a program offering smartphones with unlimited data, talk and texting service at no cost to eligible individuals enrolled in some of its affiliated Medicaid health plans.
CES…
Baptist Health abandoning Medicare Advantage plans from UnitedHealthcare, Centene
Since January 1, Baptist Health, based in Louisville, Kentucky, has been out-of-network with UnitedHealthcare and Centene’s Wellcare Medicare Advantage plans, citing denied and delayed prior authorization requests and payments from the insurers.
It was…
CMS suspends enrollment and marketing for two Centene Medicare Advantage plans
The Centers for Medicare and Medicaid Services has terminated two Centene Medicare Advantage plans, in Part C and D enforcement action taken December 27.
Gender wage gap in healthcare is complicated
The gap in wages between genders has been a pervasive issue in healthcare and many other industries, but the wage gap between men and women is becoming more complicated in the sector, with the gap decreasing in some health-centric occupations but not i…
HHS pushing for equitable access to COVID-19 therapies
This week U.S. Department of Health and Human Services Secretary Xavier Becerra met virtually with pharmacy leaders, pharmacy benefit managers and insurers to discuss HHS’ commitment to increase equitable access to COVID-19 therapeutics.
CMS OKs New York Medicaid demonstration
The Centers for Medicare and Medicaid Services has given the green light to New York’s amended Medicaid Section 1115 demonstration, kickstarting a push to invest in behavioral health and health equity.
The demonstration “bundles a series of actions to …
Walgreens agrees to pay $360 million to settle Humana lawsuit
Walgreens Boots Alliance has agreed to pay $360 million to Humana to settle a lawsuit alleging the retail pharmacy overcharged for prescription drug reimbursements.
