Over the past several days health insurers have criticized the Biden Administration’s proposed regulatory updates to mental health parity requirements, with some decrying what they deem as burdensome compliance requirements.
Category: Healthcare Finance News
Cardiologists top list of highest-paid physician specialties
Practicing medicine is generally seen as a well-paying field, but some positions pay better than others. Physicians and surgeons make higher wages than both the general population and other healthcare providers, and of all specialties, cardiologists to…
HIMSSCast: Physician groups unite on accountable care
Susan Dentzer, president and chief executive officer of America’s Physician Groups, keeps pushing the needle on value-based care.
Family premiums in employer plans will likely rise 7% after a year of no growth
Family premiums for employer plans will likely rise an average of about 7% this year, with a new KFF analysis predicting the premiums will average $23,968 and employees will contribute $6.575 toward that premium on average – a $500 increase year-over-y…
Walgreens, Alignment rolling out co-branded Medicare Advantage plans
Walgreens and Alignment Healthcare have signed an agreement to offer new $0-premium co-branded Medicare Advantage plans in select markets throughout Arizona, California, Florida and Texas starting January 1, 2024.
This will reach about 1.6 million Medi…
Ten health systems invest in Capital Rx’s backend claims processing platform
Ten health systems, including Banner Health, Memorial Herman and Ochsner Health, with digital health equity company Transformation Capital, have invested over $50 million in Capital Rx, a full-service pharmacy benefit manager and pharmacy benefit admin…
Elevance Health logs $1.3 billion in profit in Q3
Elevance Health raked in $1.3 billion in profit during the third quarter, and while this was a decrease from the $1.6 billion posted in Q3 2022, overall revenue climbed year over year, hitting $42.5 billion compared to $39.9 billion last year.
HHS, Pfizer reach agreement to increase Paxlovid access
The Department of Health and Human Services has reached an agreement with Pfizer to extend patient access to Paxlovid, which is authorized for the treatment of mild-to-moderate COVID-19 in adults and pediatric patients.
The drug is targeted at patients…
Medicare Advantage star ratings this year represent ‘final fallout’ from COVID-19
Fewer Medicare Advantage plans made the 5-star rating for 2024, and there were surprises among those that were on, and off, the MA and Part D list this year.
Gone from this year’s 5-star list were Kaiser Permanente’s Kaiser Foundation Health Plans. The…
CVS Health sees leadership changes as CFO takes leave
CVS Health has announced several leadership updates as Executive Vice President, CFO and President of Health Services Shawn Guertin taking a leave of absence from his role due to what the company said were unforeseen family health reasons.
Senior Vice …
