Texas will delay awarding Medicaid contracts until 2025, pausing a shakeup that could have led 1.8 million beneficiaries to switch plans, The Dallas Morning News reported Oct. 31.
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Though he did not mention the deal directly, Cigna CEO David Cordani appeared to dismiss rumors of reignited merger talks with Humana and said the company was focused on share buybacks.
The Cigna Group posted a net income of $739 million in the third quarter of 2024, which included a non-cash after-tax investment loss of $1 billion related to VillageMD, according to its Oct. 31 financial report.
Humana is upping its investments in its Medicare Advantage star ratings performance, CEO Jim Rechtin said.
Payer executives are looking forward to investing in AI, improving equity and new care models in 2025.
Independence Blue Cross is laying off about 130 employees, or 3% of its total workforce of 4,600.
From a report suggesting that some payers have "hit the snooze button" on the new guidance, to a Humana leader expressing confidence that the company is applying the rule correctly, here are five updates on the two-midnight rule that Becker's…
From challenging CMS' Medicare Advantage star ratings to completing the sale of another subsidiary, here are 10 updates on Centene that Becker's has reported since Sept. 11:
Humana has seen stable inpatient trends in the second and third quarters of 2024, according to CEO Jim Rechtin.
Humana reported $480 million in net income in the third quarter of 2024, down 42% since the same period last year, according to its third quarter earnings report published Oct. 30.