Today's Top 20 Stories
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Centene's 24% revenue growth in Q1: 11 things to know
Centene pulled in over $37 billion in revenue in the first quarter and added nearly 2 million members, according to the company's earnings report released April 26. -
BCBS of Mississippi sitting on a large surplus, report says
Financial records show for-profit Blue Cross and Blue Shield of Mississippi has accumulated a surplus significantly larger than what regulators require to protect consumers, according to Mississippi Today. -
BCBS in the headlines: 9 recent stories
From contract disputes over reimbursement rates to the largest fine in Georgia's history, here are nine recent headlines about Blue Cross Blue Shield companies:
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Blue Care Network launches genetic testing pilot program to personalize members' medicine
Blue Care Network has launched a precision medicine program called Blue Cross Personalized Medicine that will use pharmacogenomics to personalize and tailor medication treatments for members. -
UnitedHealth/Optum will be top purchaser of health tech startups this year, survey finds
Optum will be responsible for a quarter of all health tech startup acquisitions this year, according to Venrock's "2022 Healthcare Prognosis" survey. -
BCBS of Michigan, physician services group team up on Medicare value-based contracts
Blue Cross Blue Shield of Michigan is partnering with Nashville, Tenn.-based Honest Medical Group for a venture they say will ease physicians' transition to value-based care for Medicare and Medicare Advantage patients. -
Postpartum Medicaid coverage increased during pandemic, but that trend is under threat, study finds
Fewer people lost postpartum health coverage during the COVID-19 pandemic compared to 2019, according to a study from Brown University researchers.
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Insurtech firm raises $35M to scale health plan built for remote workers
SafetyWing has raised $35 million in a series B funding round to grow its health plan that offers coverage to remote employees without geographic limits, according to Grit Daily. -
Illinois expands Medicaid to more noncitizens, midwives
The Illinois General Assembly has passed legislation that expands Medicaid coverage to midwife services and to noncitizen residents ages 42 and older. -
Democrats urge Biden to scrap 'junk' short-term health plans
Forty-two Democrats in Congress are calling on the Biden administration to toss short-term health plans they say pose financial risks to consumers. -
10 providers seeking payer contracting talent
Ten providers — including Northwestern Medicine and St. Charles Health — recently posted job listings seeking leaders in payer contracting and relations.
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Molina Healthcare of Iowa names chief medical officer
Molina Healthcare of Iowa named Tim Gutshall, MD, chief medical officer April 25. -
23 states have introduced a public health plan option. Can they find a path to sustained success?
Since 2010, 23 states have introduced a total of 49 bills to create a public health plan option within their respective marketplaces, according to a March report from the Harvard Journal on Legislation. -
CMS ending efforts to rescind Texas Medicaid waiver
CMS sent a letter to Texas' Medicaid and Children's Health Insurance Program director April 22 to say that it would no longer work to rescind an extension of a Texas Medicaid waiver. -
CMS proposes changes to eliminate Medicare coverage delays
CMS proposed a rule change April 22 it said would eliminate delays in Medicare coverage and extend coverage of immunosuppressive drugs for certain beneficiaries. -
States ranked by average ACA marketplace premiums in 2022
The Kaiser Family Foundation calculated monthly average ACA marketplace benchmark premiums per state in 2022. The national average is $438. -
States that have proposed public option health plans
Since 2010, 23 states have introduced a total of 49 bills to create a public health plan option within their respective marketplaces, according to a report from the Harvard Journal on Legislation. -
California improperly reimbursed $23M for opioid treatments, HHS audit finds
An audit from the HHS Office of the Inspector General estimates California improperly claimed at least $23.1 million in Medicaid reimbursement for opioid treatment services. -
7 payers recognized for best employer-sponsored wellness benefits programs
The Business Group on Health named seven payers as winners of the Best Employers Award for Excellence in Health and Well-being. -
UnitedHealth Group quietly buys Oregon medical groups
UnitedHealth Group subsidiary Optum has quietly acquired at least two independent primary care groups in Oregon, according to The Lund Report.