Category: Healthcare Finance News

UnitedHealth Group praises Optum, hits $400.3 billion in revenue

UnitedHealth Group’s 2024 revenues hit $400.3 billion in 2024 – a 6% year-over-year increase –  and full-year earnings from operations were $32.3 billion.
CEO Andrew Witty attributed much of this performance to a strong showing from pharmacy benefit ma…

FTC says top three PBMs made $7.3 billion from marked up drug prices

The “Big 3” pharmacy benefit managers – CVS Caremark, Express Scripts and OptumRx – mark up specialty drugs at their affiliated pharmacies by hundreds or even thousands of percent, according to a new interim staff report from the Federal Trade Commissi…

Santa Clara County to buy HCA hospital for $150 million

The County of Santa Clara, California and HCA Healthcare have reached a definitive agreement in which the county will purchase Regional Medical Center for $150 million, the county said.

17 health systems invest in Truveta Genome Project

Seventeen health systems have launched the Truveta Genome Project to create what Truveta is calling the largest and most diverse database of genotypic and phenotypic information ever assembled. 
The health systems, with Illumina and Regeneron, have inv…

Medicare Part D drug prices up nearly 100%

The brand-name drugs covered under Medicare Part D have nearly doubled in price, and 25 of them are now up 98% since they debuted in the market, a new AARP Public Policy Institute analysis has found.

CMS finalizes new rule to safeguard Affordable Care Act coverage

The Centers for Medicare and Medicaid Services has issued a rule for additional safeguards to protect consumers from unauthorized changes to their healthcare coverage in the Affordable Care Act marketplace.

CMS announces financial incentives for nursing home staffing

The Centers for Medicare and Medicaid Services is offering eligible nursing homes a shot at applying for Financial Incentive Administrator designation as part of its recently announced Nursing Home Staffing Campaign.

AI driving uptick in venture capital investment in healthcare

Venture Capital investment in healthcare grew to $23 billion in 2024, up from $20 billion in 2023, as artificial intelligence established itself more firmly in the healthcare sector, according to the latest market insights report from Silicon Valley Ba…

Medicare Advantage plans get proposed 4.3% pay hike

Medicare Advantage plans get a 4.3% pay hike in a proposal released by the Centers for Medicare and Medicaid Services on Friday.
If finalized, the proposed 2026 Advance Notice would result in a net increase of over $21 billion to MA plans in 2026.

IU Health says data compromised in cyberattack

Indiana University Health Affiliated Covered Entity (IU Health) said last week that it detected unusual activity linked to a team member’s email account, which resulted in some information being compromised, specifically a limited number of Social Secu…