Author: Rylee Wilson

Oscar Health has largely abandoned its Medicare Advantage business, opting to focus on ACA exchange plans, CEO Mario Schlosser told investors on a Nov. 9 call. 

Oscar Health expects it will be profitable in 2024, CEO Mario Schlosser said in the company's third quarter earnings report. 

Insurtech company Clover Health posted a $75.3 million net loss in the third quarter of 2022, nearly double the $34.5 million loss it reported in the same period last year. The company reported total revenue of $856.8 million, up from…

Here are nine new contracts, partnerships and other stories about the Woonsocket, R.I., based-payer Becker's has reported since Oct. 7. 

Centivo, a self-funded health plan, has named Enrique Olivares chief technology officer. 

UCare is facing a lawsuit from the University of Minnesota, which alleges UCare's proposal to expand its board of directors will diminish the university's influence over the nonprofit health plan it created, the Star Tribune reported Nov. 7. 

Facing declining enrollment, Inter Valley Health Plan will cease operations at the end of 2022, the Daily Bulletin reported Nov. 7. 

CMS wants all traditional Medicare beneficiaries and most Medicaid beneficiaries in accountable care organizations by 2030. In a strategy report published Nov. 7, CMS detailed its plans to reach this goal. 

Medicare's bundled payments program did not lead to negative clinical outcomes, or change who hospitals selected as patients, a study published in the November issue of Health Affairs found. 

UnitedHealthcare holds the largest share of the Medicare Advantage market in the U.S., with 28 percent of the market.