Category: Healthcare Finance News

CVS Health to acquire IlliniCare Health in agreement with Centene

Centene will retain IlliniCare’s Medicare-Medicaid Alignment Initiative business and its YouthCare foster care contract, set for February.

Partners HealthCare announces rebranding to Mass General Brigham

The new name aligns more closely to the system’s academic medical centers and is being launched at the same time as a five-year strategic plan.

Volume growth contributes to improved hospital margins in October, finds Kaufman Hall

Decreased labor expenses also contributed to the strong financial performance for the month, though non-labor expenses increased.

2019 was the year of the patient

From HIMSS19 in February, when CMS Administrator Seema Verma said patients need immediate access to their health information, the hits have just kept on coming.

UnitedHealthcare to open 14 Medicare services centers in Walgreens stores

Companies are also partnering on AARP Medicare Advantage Walgreens plans from UnitedHealthcare.

Emergent technologies are allowing consumers greater control and access to care

The shift happening in healthcare is similar to trends in personal wealth management, with beneficiaries assuming greater control.

Legislation to stop surprise billing could negatively affect air ambulance operators

A decrease in private payer rates without an increase in government payment would threaten the air ambulance industry, Moody’s says.

CMS Innovation Center is testing direct contracting model

This model is part of a strategy to use the redesign of primary care as a platform to drive broader healthcare delivery system reform.

Pennsylvania partners with GetInsured to build and operate state-based health insurance exchange

Chief among the partnership’s goals is higher quality service and better affordability for people in the state purchasing insurance on the exchange.

To engage patients, understand their needs and wants

There is often a disconnect between what health plans provide and what patients want, according to Keith Roberts of Change Healthcare.