UnitedHealth Group has named Tim Noel the newest chief executive officer of its insurance business, UnitedHealthcare, with Noel filling the vacancy left by former CEO Brian Thompson, who was fatally shot in New York City in December.
Category: Healthcare Finance News
Tim Noel appointed new CEO of UnitedHealthcare
UnitedHealth Group has named Tim Noel the newest chief executive officer of its insurance business, UnitedHealthcare, with Noel filling the vacancy left by former CEO Brian Thompson, who was fatally shot in New York City in December.
Cleveland Clinic announces 114 layoffs due to financial challenges
Cleveland Clinic has announced the layoff of 114 nonclinical employees due to financial challenges.
“We made the difficult decision to reduce the number of administrative management positions across our organization,” a company spokesperson said. ”
WHY…
Confirmation hearings planned for RFK Jr. next week
Senate confirmation hearings for Robert F. Kennedy Jr., President Trump’s pick to head Health and Human Services, will take place on Wednesday and Thursday of next week.
Confirmation hearings planned for RFK Jr. next week
Senate confirmation hearings for Robert F. Kennedy Jr., President Trump’s pick to head Health and Human Services, will take place on Wednesday and Thursday of next week.
Credit downgrades outpaced upgrades for nonprofit hospitals
Once again, more nonprofit hospitals experienced credit downgrades than upgrades in 2024, though the difference between the two is not as great as it has been in previous years, according to a new analysis.
University of California Health saving $15 million through pooled surgery data
The five medical centers overseen by the University of California have collected more than a decade’s worth of surgical data, allowing it to streamline care and improve financial margins, saving $15 million so far in a collective known as the Universit…
CMS appeals UnitedHealthcare’s star ratings win
The Centers for Medicare and Medicaid Services has appealed UnitedHealthcare’s win over its Medicare Advantage star ratings score.
CMS filed the appeal on Tuesday in federal court for the Eastern District of Texas.
It is appealing the November 22, 202…
Elevance pulls in $418 million in Q4 profit
Elevance Health saw $418 million in profit during the fourth quarter, down 51% from the $856 million in profit it hauled in at the end of 2023, company officials said during an earnings call this morning.
Revenue was up year-over-year, hitting $45 bill…
Aspirus embarks on $227 million hospital expansion
Aspirus Health in Wausau, Wisconsin is expanding one of its hospitals to the tune of about $227 million, with Aspirus Wausau Hospital earmarked for renovation as critical care needs grow in the region, the health system said.
