Elevance Health in the headlines: 7 recent updates

Elevance Health has paused a major acquisition and alleged one of its former executives could expose trade secrets to rival Molina Healthcare. 

Here are seven Elevance Health updates Becker's has reported since Sept. 13. 

  1. Elevance Health was one of 11 payers named among Newsweek's 2023 America's Greatest Workplaces for Parents and Families. 

  1. Adena Regional Medical Center is terminating its contract with Anthem BCBS' Medicare Advantage and managed Medicaid plans in Ohio, effective Nov. 2.  

  1. Blue Cross and Blue Shield of Louisiana's sale to Elevance Health for $2.5 billion is temporarily on hold. In recent months, state lawmakers and the Louisiana attorney general had called for a delay and made clear they did not want the sale to go forward until more questions have been answered.

  1. Elevance Health's pharmacy benefit manager, CarelonRx, is launching a new integrated cost savings program to automatically offer members the lowest price for generic prescription drugs while at their preferred pharmacy.

  1. Elevance Health cannot prevent a former executive from beginning work at Molina Healthcare, a federal judge ruled. In a ruling issued Sept. 15, a judge in the Southern District of Indiana court rejected Elevance Health's request for a temporary restraining order that would prevent Vinod Mohan from beginning her work as senior vice president of Medicare at Molina, which directly competes with Elevance in several markets. 

  1. A program designed to support socially isolated Medicare Advantage members helped improve feelings of loneliness and depression, according to a report from the Elevance Health Public Policy Institute.

  2. Mike Murphy, one of the longest-serving Blue Cross Blue Shield CEOs, told Becker's relationships with providers have not worsened over his 16 years at the helm of Anthem BCBS Nevada — they've just grown more complicated. Mr. Murphy has led Anthem BCBS of Nevada, an Elevance Health subsidiary, since 2006.

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