Category: Healthcare Finance News

Centene completes divestiture of Apixio

Centene has completed its divestiture of Apixio, an artificial intelligence platform that enables value-based care. The company was divested to New Mountain Capital.
The insurer entered into a definitive agreement to divest Apixio back in May for $37 b…

Those in poorer health give lower ratings for their health insurance

Most people generally give their health insurance a positive grade, but according to a new KFF survey, those who are in poorer health tend to give lower ratings. The sicker they are, the less positively they feel about their coverage.

Cano Health CEO exits after urging of company’s largest shareholders

Primary care provider Cano Health has announced that CEO Dr. Marlow Hernandez has agreed to step down immediately and remain on the Board of Directors. Chief Strategy Officer Mark Kent has been appointed interim Chief Executive Officer.
The board is la…

AI allows for two-way conversations between health plans and members 

The best way for payers to engage members proactively about their health and wellness is to enable two-way conversations, says Bob Farrell, CEO of digital health platform mPulse Mobile.
Conversational AI allows for a back-and-forth between health plans…

UnitedHealthcare CFO says high demand for elective care is expected to affect medical cost ratios

Pent up demand among seniors for medical care is expected to affect medical care cost ratios in the second quarter, UnitedHealth Group CFO John Rex said during the Goldman Sachs investor conference, according to Seeking Alpha.

Inflation Reduction Act is destabilizing to investment in drug innovation, execs say

The Inflation Reduction Act has the consequence of limiting investment in new drugs at a time when the science is there to innovate, pharma executives said during a call with J.P. Morgan analysts this week.

National health spending is expected to grow 5.4% annually over the next decade

The Centers for Medicare and Medicaid Services projects that over 2022-2031, average annual growth in National Health Expenditures of 5.4% will outpace average annual growth in gross domestic product of 4.6%, resulting in an increase in the health spe…

Over 1 million people in 21 states disenrolled from Medicaid 

At least 1,149,000 Medicaid enrollees have been disenrolled as of June 14, based on the most current data from 21 states, according to the latest

AMA agrees to develop principles on the benefits and consequences of AI-generated medical advice

At the Annual Meeting of the American Medical Association House of Delegates, the nation’s physicians agreed to develop principles and recommendations on the benefits and unforeseen consequences of relying on AI-generated medical advice and content tha…

Sola launches in growing employer self-funded health plan market

Goodroot, which represents numerous companies, has announced the launch of Sola Health, which offers self-funded health plans to employers. While Sola serves groups of all sizes, their primary focus is on those with 25-200 employees.