[ad_1] Humana will leave the commercial health insurance market and focus its efforts on government-sponsored products such as Medicare Advantage, the company announced Thursday. The insurer will phase […]
Teladoc Health posts $13.6B loss in 2022 due to Livongo merger
[ad_1] Teladoc Health posted a $13.6 billion loss in 2022, largely attributed to charges tied to its 2020 acquisition of Livongo for $18 billion. The annual loss reported Wednesday, which […]
Trinity Health’s MercyOne to merge with Genesis Health next week
[ad_1] Trinity Health’s MercyOne and Genesis Health System are expected to close a merger next week, according to a source familiar with the transaction. MercyOne, a West Des […]
Outcome Health fraud trial: Star witness Ashik Desai testifies
[ad_1] Not a Modern Healthcare subscriber? Sign up today. This week, they’re all in a Chicago courtroom. Shah, Agarwal and Desai’s former boss, Brad Purdy, are charged with […]
Ex-Cigna exec blocked from CVS job in anti-poaching lawsuit
[ad_1] A federal judge has temporarily forbidden a former Cigna executive from taking a position at CVS Health as part of an anti-poaching lawsuit. CVS Health hired Amy […]
Health system payroll expenses jump almost 10%: SullivanCotter
[ad_1] Payroll expenses at health systems nationwide increased by nearly 10% last year, highlighting continued issues with wage inflation and increased competition to recruit full-time employees. The number […]
Amazon-One Medical deal closes | Modern Healthcare
[ad_1] Amazon has closed its $3.9 billion acquisition of primary care company One Medical, the tech giant said Wednesday. The announcement comes after multiple news outlets reported late Tuesday […]
UnitedHealth-LHC Group deal closes for $5.4B
[ad_1] UnitedHealth Group has closed its $5.4 billion acquisition LHC Group, the home health and hospice provider notified the Securities and Exchange Commission on Wednesday. “As demand for […]
Headspace Health, Talkspace and other mental health companies curb ad spending
[ad_1] Mental health startups that spent the last few years advertising directly to consumers are shifting gears, thanks in part to inflation. Companies that sell online therapy and […]
Medicare Advantage growth slows in 2023: Chartis Group
[ad_1] The market is growing less quickly but some insurers are ahead of the industry at large. For the first time in several years, nonprofit Blue Cross and […]