Author: Jakob Emerson

CMS is imposing a $48,833 fine against a Providence PACE organization in Napa, Calif., according to an April 29 notice from the agency. The penalty was issued to Collabria Care, the name under which Providence Community Health Napa Valley holds…

Alignment Healthcare reported first quarter revenue of $1.2 billion, a 33% increase from the same period last year, the company said April 30. Medicare Advantage membership reached approximately 284,800 at the end of the quarter, up 30.9% year-over-year.  The insurer…

UnitedHealth Group plans to acquire Alegeus Technologies, a health benefits administration platform, the company disclosed in its first-quarter earnings. Boston-based Alegeus administers consumer-directed healthcare benefit accounts including FSAs, HSAs, HRAs, wellness incentive, dependent care, and commuter accounts for more than…

Humana will “adjust” Medicare Advantage benefits in 2027 as the gap between CMS funding and the cost of care has grown wider heading into this year’s bid cycle, company executives said April 29 during the insurer’s first-quarter earnings call. President…

Blue Cross NC recorded a net loss of $497.3 million in 2025, according to regulatory filings. The insurer posted a net income of $68.5 million in 2024 and $133 million in 2023. In March 2025, Blue Cross NC restructured under…

BlueCross BlueShield of Tennessee recorded a net income of $168.4 million in 2025, a 62% decline from $446.8 million in 2024, according to regulatory filings. In its 2025 impact report, the insurer said 89 cents of every premium dollar collected…

CareFirst BlueCross BlueShield has partnered with benefits platform Thatch to build an individual coverage health reimbursement arrangement model for brokers and employers across Washington, D.C., Maryland and Northern Virginia. The partnership aims to give employers a defined contribution alternative to…

Humana reported a net income of $1.18 billion in the first quarter, down slightly from $1.24 billion during the same period last year, the company said April 29. The insurer posted $39.6 billion in total revenue, up from $32.1 billion…

Health Care Service Corp. recorded a net loss of more than $1.9 billion in 2025, a sharp reversal from the prior two years, according to regulatory filings. The Chicago-based organization, which operates the Blue Cross and Blue Shield plans in…

Blue Cross Blue Shield of Arizona recorded a net loss of $335.2 million in 2025, according to regulatory filings. The insurer posted a loss of $162.2 million in 2024 and $85.4 million in net income in 2023. BCBS Arizona reported…