Today's Top 20 Stories
  1. Elevance Health posts $2.2B profit in Q1 

    Elevance Health posted $2.2 billion in net income during the first quarter, a nearly 13% increase compared to the same period last year, according to the company's earnings report published April 18.
  2. Former BCBS North Carolina execs raise millions for startup aimed at coordinating care outside US

    Two former executives with Blue Cross and Blue Shield of North Carolina have completed a $2.1 million seed round for their startup aimed at finding healthcare services outside the U.S. for patients, TriangleInno reported April 16.
  3. Mississippi weighs state-based ACA exchange

    Legislation has been introduced in Mississippi that would transition the state to a state-run ACA exchange.

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  1. 3 Pennsylvania health systems sue Aetna for breach of contract

    A group of three Pennsylvania health systems has sued Aetna, alleging the insurer subtracted the cost of supplemental benefits from money intended for patient care. 
  2. Some Blues not reconnecting to Change Healthcare, BCBS Association says

    Some Blue Cross Blue Shield plans are reconnecting to Change Healthcare's platforms and other plans are not, the BCBS Association told lawmakers April 16. 
  3. BCBS Association names chief legal officer

    The Blue Cross Blue Shield Association has named Monica Auciello as chief legal officer and general counsel. 
  4. UnitedHealth vows to bring back Change Healthcare stronger than before hack

    UnitedHealth Group plans to bring Change Healthcare back stronger than it was before it suffered the largest cyberattack in the history of the U.S. healthcare system. 

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  1. Medicare Advantage costs begin to stabilize, UnitedHealth says

    Rising medical cost trends aren't going down, but they are stabilizing, UnitedHealth Group executives say. 
  2. UnitedHealth posts $1.4B loss in Q1 following Change cyberattack

    UnitedHealth Group posted a $1.4 billion net loss in the first quarter of 2024 following the sale of its Brazil operations and the unprecedented cyberattack on its Change Healthcare subsidiary in late February. Despite the losses, the company beat investor expectations and shares rose more than 6% to above $474, the Wall Street Journal reported.
  3. L.A. Care CEO to retire

    The CEO of the largest publicly operated health plan will retire at the end of 2024. 
  4. Blue Shield of California's virtual-first health plan: 6 key numbers

    Blue Shield of California launched its virtual-first health plan in partnership with Accolade and TeleMed2U in January 2023.

How one Midwest hospital is driving financial efficiency with interconnected systems

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Major time savers can stem from single logins. That's how 1 hospital achieved a 50% reduction in month-end close time — read the short case study, here.
  1. Cigna's Evernorth to build new innovation hub in Ireland 

    Cigna's Evernorth Health Services is building a new innovation hub in Galway, Ireland.
  2. CMS delays implementation of new Medicare, Medicaid data rules

    CMS will delay implementation of new policies designed to heighten security around Medicare and Medicaid data that drew criticism from researchers. 
  3. Vermont providers, BCBS Vermont at odds over prior authorization bill

    Vermont providers are pushing for the passage of a state bill that aims to reform the prior authorization process, while Blue Cross and Blue Shield of Vermont has raised concerns that the proposal could cause rates to rise. 
  4. Elevance Health strikes primary care deal with private equity firm

    Elevance Health will enter a partnership with private equity firm Clayton, Dubilier & Rice to develop advanced primary care models. 
  5. Blue Cross Blue Shield in the headlines: 5 updates

    From new university partnerships to the launch of reproductive care teams, these are five key updates about Blue Cross Blue Shield companies recently reported by Becker's:
  6. Florida to award 5 Medicaid contracts

    Florida intends to award contracts to five organizations to administer its Medicaid managed care program, which provides health coverage to more than 3.4 million people, per Florida Politics.
  7. AHIP criticizes hospital lobby's response to Change hack

    AHIP's chief executive criticized the hospital lobby's response to the Change Healthcare cyberattack as "opportunistic" and "maintaining the status quo."
  8. 1 in 4 of those disenrolled from Medicaid are uninsured: 5 things to know

    Around 1 in 4 Medicaid beneficiaries disenrolled during the redeterminations process are now uninsured, according to a survey from KFF. 
  9. Feds investigating if Sentara's payer arm unfairly increased premiums

    The Justice Department is investigating whether Norfolk, Va.-based Sentara Health's insurance arm unfairly increased premiums in 2018 and 2019 as it received more than $655 million in federal subsidies, The Virginian-Pilot reported April 9. 

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