In the first six months of 2022, Pittsburgh-based Highmark Health has reported losses of $174 million and a $460 million decline in its investments, according to the company's financial results released Aug. 30.
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Blue Shield of California Executive Vice President and COO Sarah Iselin will become Blue Cross Blue Shield of Massachusetts' next president and CEO when the payer's current leader, Andrew Dreyfus, steps down at the end of the year.
From Molina failing to quickly pay providers to Centene settling with an 11th state over allegations it overbilled Medicaid programs, these are six recent fines levied against payers by states:
A video of a woman vomiting in the parking lot of an Anthem Blue Cross Blue Shield office in Los Angeles has gone viral across social media after the payer denied her coverage of treatment for a stomach condition.
Alma, a company that helps independent mental healthcare providers build their practices, has raised $130 million in series D funding, which includes investment from Cigna Ventures and Optum Ventures.
Former Bright HealthCare CEO Simeon Schindelman has been named senior executive healthcare adviser for insurance broker SelectQuote.
Philadelphia-based managed care organization Health Partners Plans is partnering with Fabric Health for outreach at five laundromats in the city, Philadelphia Business Journal reported Aug. 29.
Providence Health Plan has named Michael Mathias as its CIO, where he will oversee the strategy and adoption of information technology systems for the company.
Cigna has named David Brailer, MD, PhD, as executive vice president and its first chief health officer, starting in early September.
Medicare Advantage plans are expected to make up half of all Medicare enrollment by 2026, with the national average currently at 45.5 percent. Some states, however, are lagging behind the rest of the country.