Hospital expenses per adjusted inpatient day vary widely across states and ownership types, with costs ranging from under $700 to more than $6,000 depending on location and whether a facility is government-run, nonprofit or for-profit, according to KFF. The data…
Financial
Fitch Ratings has issued a “deteriorating” outlook for the U.S. health insurance industry in 2026, citing persistent medical cost pressures, regulatory uncertainty, and fallout from expiring ACA enhanced subsidies. The Dec. 30 report shared with Becker’s projects medical loss ratios…
UnitedHealth Group’s health services arm, Optum, is shuttering three community centers in the Kansas City area. Optum’s website showed its Converge KC facility in Kansas City, Mo., the Millcreek facility in Shawnee, Kan., and its North Kansas City, Mo., location…
Pittsburgh-based Highmark Health reported $24.6 billion in revenue, a $204 million operating loss, and a $69 million net loss in the first nine months of the year. Allegheny Health Network reported revenue of $4.2 billion during the period and an…
Angle Health raised $134 million in series B funding to scale its benefits platform, according to a Dec. 3 news release. The company secured a mix of debt and equity, with total funding reaching nearly $200 million. Portage led the…
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Curative raised over $150 million in series B funding, bringing its valuation to $1.275 billion, according to a Dec. 2 news release. The startup, formerly a COVID-19 testing company, offers health insurance plans with no out-of-pocket costs — as long…
Pittsburgh-based UPMC reported a turnaround in operating income in the third quarter, in part due to an improved underwriting margin within the system’s health plan. UPMC posted an operating income of $45.6 million (0.5% operating margin) in the third quarter…
Blue Cross and Blue Shield of Massachusetts reported a year-to-date net loss of $101.4 million on revenue of $7.7 billion (-1.3% net margin) and expects to end the year with operating and net losses. The most recent financial results reflect…
CMS released 2026 premium and cost-sharing amounts for Medicare Parts A and B on Nov. 14, with significant increases across most categories. The standard monthly Part B premium will increase to $202.90, up $17.90 from $185 in 2025, or a…
The nation’s largest payers have filed their third-quarter earnings reports, revealing which companies recorded the largest profits for the three months ended Sept. 30. 1. UnitedHealth Group: $2.3 billion Total net income in the third quarter was $2.3 billion. UnitedHealthcare’s…