Florida Blue, the state's Blue Cross Blue Shield plan, committed to reducing its carbon footprint by 50 percent by making its facilities entirely powered by solar energy, the payer announced Dec. 2.
Payer
Bright Health Group is expecting between $6.3 billion and $6.5 billion in revenue in 2022, which would reflect a 50 percent year-over-year growth, according to a Dec. 7 news release.
Cigna announced Dec. 8 that Katya Andresen will be stepping in as the payer's new chief digital officer.
A jury ruled that UnitedHealthcare must pay out $60 million in punitive damages after losing a Nevada lawsuit against physician services company TeamHealth over provider underpayments.
About eight months after announcing an IT and revenue cycle partnership, Optum and Cooperstown, N.Y.-based Bassett Healthcare Network's relationship has blossomed to shine a light on how rural hospitals are withstanding consolidation, Forbes reported Dec. 7.
David Wagner was named South Florida market lead by Florida Blue, according to the South Florida Business Journal.
Macomb, Ill.-based McDonough District Hospital is moving on from Blue Cross Blue Shield of Illinois as its employee insurance provider after the payer parted ways with Springfield Clinic, according to the McDonough County Voice.
Tiffany Benjamin is stepping in as CEO of the Humana Foundation, the philanthropic arm of the national payer, the payer announced Dec. 7.
Cigna Ventures is in on the latest $750 million investment in Bright Health Group, and the startup's CEO said the move could spark collaboration down the road, according to the Star Tribune.
As President Joe Biden looks to combat the spread of COVID-19 by requiring payers to cover over-the-counter tests, insurers fear that the move could result in price gouging, Bloomberg reported Dec. 2.
