Kristen Gil, vice president and business finance officer at Google parent company Alphabet, has been named to UnitedHealth Group's board of directors.
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Titusville, Fla.-based Parrish Healthcare is severing its relationship with Cigna, citing overall financial losses and claiming the health insurer has refused to pay $1.3 million in reimbursements for additional services, the Space Coast Daily reported Dec. 11.
The No Surprises Act (NSA) had several top stories from 2022 including the recent Department of Health and Human Services (HHS) announcement that enforcement of a key requirement under the act would not start January 1, 2023, as previously scheduled.
Oscar Health will stop accepting new members in Florida through open enrollment on Dec. 13, the company said Dec. 12.
Cigna and Cincinnati-based Mercy Health could split, leaving thousands of patients without in-network access to their provider, if the two sides cannot reach a contract agreement by Jan. 1, the Cincinnati Enquirer reported Dec. 9.
Payers have embraced the shift to remote and hybrid work. Some payers have downsized office space this year, and others have reworked new spaces to better accommodate hybrid work.
Ten payer CFO moves reported by Becker's in 2022:
These are 36 payer CEO moves reported by Becker's in 2022:
Payers invested in value-based care throughout 2022, teaming up with Walmart and many other companies to prioritize quality-based payments.
Changes in payment rates and beneficiary characteristics were the main drivers of the slowdown in Medicare spending growth from 2012 to 2018, a study published Dec. 2 in JAMA Health Forum found.