Category: Healthcare Finance News

Molina Healthcare closes ConnectiCare acquisition

Molina Healthcare has announced the closing of its acquisition of ConnectiCare Holding Company as of February 1. 
Molina, headquartered in Long Beach, California, announced the acquisition in July and said it expected to close during the first half of …

Molina Healthcare closes ConnectiCare acquisition

Molina Healthcare has announced the closing of its acquisition of ConnectiCare Holding Company as of February 1. 
Molina, headquartered in Long Beach, California, announced the acquisition in July and said it expected to close during the first half of …

Most rural healthcare providers optimistic about finances

The vast majority of rural healthcare organizations have expressed optimism about their financial viability.
In a new Wipfli poll, 72% of respondents said they were “cautiously optimistic” and 24% saying they were “completely optimistic.”

Centene reports $283 million in Q4 profit

Centene logged $283 million in profit during Q4 2024, marking a sizable increase from the insurer’s Q4 2023 profits of $45 million.
Revenue also increased slightly year-over-year (YOY), from $39.5 billion to $40.8 billion. 
For the year, Centene pulled…

Senate Finance Committee votes to confirm RFK Jr. to lead HHS

The Senate Finance Committee voted 14-13 Tuesday morning to confirm the nomination of Robert F. Kennedy Jr. as secretary of the Department of Health and Human Services.

Cigna to accelerate prior authorization and tie executive pay to member satisfaction

Cigna Healthcare, the health benefits division of the Cigna Group, has begun a multi-year campaign to improve the experience for physicians and patients, in part by changing the prior authorization process.

Bill seeks to boost nursing workforce by supporting preceptors

Lawmakers, led by Virginia Congresswoman Jen Kiggans, have introduced the PRECEPT Nurses Act, a bipartisan bill that seeks to address the country’s nursing shortage by establishing a $2,000 tax credit for nurses who serve as a clinical preceptor to nur…

Healthcare.gov plans denied 20% of claims in 2023

Insurers of qualified health plans (QHPs) sold on Healthcare.gov denied an average of 20% of all claims in 2023 – 19% of in-network claims and and 37% of out-of-network claims, finds a new KFF survey.
The in-network denial rate ranged widely, with sign…

Advocate Health closing Illinois clinics inside of Walgreens

Advocate Health Care is closing 47 clinics it operates inside Walgreens in Illinois.

HIMSSCast: Personalized care through AI 

There’s always been personalization for every patient, said Mudit Garg, CEO and cofounder of Qventus. But personalization at scale requires technology.
Over the last 10 to 20 years, many technical systems have been built that allow for mass personaliza…