Author: Staff

The country's largest commercial payers posted strong results for the first quarter of fiscal year 2019.

The American Hospital Association called on the Department of Justice's Antitrust Division to investigate Centene's $17.3 billion bid for WellCare Health Plans, the organization said in an emailed statement to Becker's Hospital Review.

Pittsburgh-based UPMC's health insurance division appointed Joon Lee, MD, CMO, effective May 15.

A single-payer health system could mean a variety of changes for the healthcare system, depending on its design. One thing is clear, according to the Congressional Budget Office: All participants would face substantial uncertainty.

To overcome challenges of fraudulent activity and digital transactions, the insurance industry is beginning to introduce blockchain, which is designed to bring accountability, security and transparency to the industry, according to Yahoo Finance.

Cigna saw its profits and revenues climb in the first quarter of this year, thanks in part to better results in its health services and integrated medical segments.

Humana's CEO Bruce Broussard said the health insurer "does not support any bill" that would eliminate private health insurance, according to CNBC.

A federal judge recused himself from a class-action case against UnitedHealthcare because the health insurer denied coverage of radiation treatment that could have treated his own cancer, according to BenefitsPRO.

Humana posted strong results for the first quarter of fiscal year 2019, according to filings with the Securities and Exchange Commission.

Optima Health, which was the only health insurer to offer policies on Virginia's ACA exchange in 2018, recorded record profits after tripling individual marketplace premiums, a consumer group told the The Daily Progress.