Category: Health Insurance

In Montana, Conservative Groups See Chance To Kill Medicaid Expansion

Conservative groups are working to undermine support for Montana’s Medicaid expansion ahead of a political fight over whether to keep the program.

Hospital margins climb to 5.1% in September

Hospital operating margins inched upward for a second consecutive month, with new data from Strata showing the median year-to-date (YTD) operating margin for hospitals nationwide rose to 5.1% in September, up from 4.9% in August and 4.8% in July.

Humana increases revenue to $29.4 billion in Q3

Humana pulled in $29.4 billion in revenue in Q3 of this year, increasing from $25.4 billion in Q3 2023, according to its latest earnings report.
For the first three quarters, Humana has now made about $1.9 billion in profit and $88.5 billion in revenue…

For People With Opioid Addiction, Medicaid ‘Unwinding’ Raises the Stakes

Medications such as methadone can cut the risk of a fatal opioid overdose in half. Medicaid covers the medication. But as state Medicaid programs reevaluated coverage of each enrollee following a pause in disenrollments during the covid-19 pandemic, some patients lost a crucial pillar of their sobriety.

Toddler’s Backyard Snakebite Bills Totaled More Than a Quarter Million Dollars

For snakebite victims, antivenom is critical — and costly. It took more than $200,000 worth of antivenom to save one toddler’s life after he was bitten by a rattlesnake.

Two CFOs see promise of AI, but have yet to build a dedicated budget

CFOs of two of the country’s largest nonprofit health systems were asked about their financial strategies in the midst of generative AI becoming the next big thing with the launch of ChatGPT in 2022.

Elevance planning CareBridge acquisition estimated at $2.7 billion

Elevance Health announced plans to acquire home health company CareBridge during its most recent earnings call, with Elevance Health CEO Gail Boudreaux saying it will serve as the foundation for subsidiary Carelon’s home health business.
“We’re excited…

Geisinger uses AI platform for OR optimization

Geisinger is partnering for an AI platform to better manage operating room time and staffing.
The AI platform by partner Optmed.ai analyzes billions of logistical data points to manage OR workflow. This allows for more clinical procedures, which boosts…

Geisinger uses AI platform for OR optimization

Geisinger is partnering for an AI platform to better manage operating room time and staffing.
The AI platform by partner Optmed.ai analyzes billions of logistical data points to manage OR workflow. This allows for more clinical procedures, which boosts…

Employers using various strategies to contain healthcare costs

While premiums for employer-sponsored health insurance continue to rise each year, employers who have been engaged in novel strategies – such as value-based drug formularies and tiered provider networks based on price and quality – experienced lower-th…