Confusion reportedly exists over a memo issued by The White House Office of Management and Budget rescinding President Trump’s federal financial assistance spending freeze.
Category: Healthcare Finance News
Cigna Q4 profit takes hit due to medical costs
The Cigna Group saw profits take a hit in the fourth quarter, reaching $1.4 billion, while it struggled with elevated medical costs, officials said during an earnings call today.
Cigna’s profits for the year were $3.4 billion, a decrease from the $5.2 …
Trump bans gender-affirming care for people younger than 19
President Donald Trump has signed an executive order that seeks to eliminate government support for transgender healthcare, saying the feds will not fund, sponsor or support gender-affirming surgery and will “rigorously” enforce laws that prohibit or l…
RFK Jr. testifies he is not ‘anti-vaccine’ in Senate confirmation hearing
Robert F. Kennedy Jr. said he was not anti-vaccine in his opening statement before the Senate Finance Committee on Wednesday morning.
“I am pro-safety,” Kennedy said to shouts in the Senate chamber. “I believe vaccines play a critical role.”
Kennedy al…
CMS withdraws appeal of UnitedHealth’s star ratings lawsuit
The Centers for Medicare and Medicaid Services has withdrawn its appeal of a district court ruling that determined the agency must recalculate Medicare Advantage Star Ratings for UnitedHealthcare.
CMS had originally signaled its intent to file an appea…
Pfizer pays close to $60 million to resolve kickback allegations
Pfizer, on behalf of its wholly-owned subsidiary Biohaven Pharmaceutical Holding Company, has agreed to pay close to $60 million to resolve kickback allegations involving payment to providers.
190 million people affected by Change Healthcare cyberattack, says UHG
Change Healthcare has confirmed that about 190 million people were affected by the 2024 cyberattack that caused upheaval in the healthcare industry, with the majority of those having already been notified.
UnitedHealth Group, Change’s parent company, s…
HIMSS25: Digital increases patient involvement and self-management
Digital programs enhance patient engagement by increasing involvement and self-management, according to Yanyan Hu, CIO of the Ministry of Health Singapore, who is speaking at HIMSS25.
Health tech improves communication, and encourages self-management a…
Poll: Spend more on Medicare and Medicaid, voters say
As President Donald Trump begins his new term, a new KFF tracking poll finds that both Medicare and Medicaid continue to be viewed favorably by large majorities of the public, including majorities of Republicans, Democrats and independents.
Innovaccer embraces AI with Humbi AI acquisition
Healthcare artificial intelligence company Innovaccer has signaled its intent to acquire software, services and analytics company Humbi AI for an undisclosed amount.
This marks Innovaccer’s third acquisition, following Cured and Pharmacy Quality Soluti…
