In 2024, at least 20 top executives previously with UnitedHealth Group's Optum have announced their departures for new positions with companies across the country. Optum executive departures in 2023 ...

States are taking action to increase Medicaid rates, Centene executives told investors. On Oct 25, the company reported third-quarter earnings of $713 million, up 52% since the same period last year.

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Centene is the latest insurer challenging CMS' Medicare Advantage star ratings in court. In a lawsuit filed Oct. 22, Centene asked a federal judge to require CMS to recalculate its star rating without ...

Payers are trimming their workforces and cutting jobs due to financial or operational challenges, along with restructuring strategies. Below are workforce reduction efforts or job eliminations that ...

Payers have faced state penalties in 2024 for slow reimbursements, improper claims denials, or the sale of unapproved products. 11 recent examples of payers fined or agreeing to settlements with ...

Elevance Health is laying off 123 employees in Southern California, according to regulatory documents filed with the state Oct. 14. Elevance will lay off 59 employees at Anthem Blue Cross in Woodland ...

Oscar Health is rolling out new plans for 2025. The insurer will offer individual plans in 504 markets in 18 states, according to an Oct. 21 news release. Oscar will add new markets in Texas, Oklahoma ...

Wall Street analysts say a potential Cigna-Humana merger depends on the results of the presidential election, Bloomberg reported Oct. 21. Scott Fidel, an analyst with Stephens, wrote that the merger ...

Define Ventures, a venture capital firm focused on early-state health tech companies, has named former Humana president and CEO Bruce Broussard as venture partner. Mr. Broussard will partner closely ...

Cigna and Humana have renewed talks of a potential merger, Bloomberg reported Oct. 18. The companies called off a planned merger in late 2023 after a disagreement over the price of the deal, according ...