Category: Healthcare Finance News

Cigna divests life, accident and supplemental benefits businesses in Asia

Cigna has divested its Asia-based life, accident and supplemental benefits business, selling it to Chubb in a transaction estimated at about $5.4 billion.
Cigna chairman and CEO David M. Cordani said the transaction allows the insurer to focus on growi…

Inflation, lingering effects of COVID-19 will impact 2023 premiums

Several factors are expected to impact premiums in 2023, including global inflation, the lingering effects of COVID-19 and the end of enhanced subsidies for plans on the exchange, according to a new report from the American Academy of Actuaries.

Children’s uninsured rate fell during COVID-19

The annual rate of uninsured children fell from 5.1% in 2019 to 4.1% in 2021, representing about 700,000 fewer uninsured children during the COVID-19 pandemic, according to new data released by the Urban Institute.

HHS awards more than $155 million to expand training for primary care residents

The federal government is making a push to expand residency programs, with the Department of Health and Human Services announcing more than $155 million in awards for 72 teaching health centers that operate primary care medical and dental residency pro…

House members urge CMS to expand Medicare dental coverage

Lawmakers from the U.S. House of Representatives are asking the Centers for Medicare and Medicaid Services to expand the definition of medically necessary dental coverage for Medicare beneficiaries, saying the agency currently has the regulatory author…

Hospitals see challenges around price transparency, technology and resources

Jason Considine, Experian Health chief commercial officer, said regulations around price transparency and the No Surprises Act were among the topics discussed at the Healthcare Financial Management Association annual conference in Denver last week.
Bot…

Integrated Highmark and Allegheny team with Cedar Health to align the billing experience

Highmark Health, the integrated health network and Allegheny Health Network, which is part of Highmark, have collaborated with Cedar Health to improve the patient’s financial journey in a program slated to go-live in September.

Comparative analytics give CFOs insight into the cost of care

Financial planning, performance and analysis is what CFOs want to do, but much of their time is spent moving data around, according to Frank Stevens, vice president of Financial Planning at Strata Decision Technology.

Aetna rolls back policy requiring pre-approval for cataract surgery

Aetna is no longer requiring precertification for cataract surgery.
Aetna is rolling back on policy it announced last year and is no longer requiring pre-approval for cataract surgeries, except for people enrolled in Medicare Advantage plans in Florida…

Metaverse and virtual reality are gaining a foothold in healthcare

More than eight in 10 healthcare executives expect the metaverse to have a positive impact on the healthcare industry, according to a report from Accenture.