Politan Capital Management, a hedge fund with nearly a $900 million stake in Centene, is pressuring the company to replace several board members, The Wall Street Journal reported Nov. 3.
Payer
UnitedHealth Group and Change Healthcare entered into an amended agreement with the Justice Department not to finalize the healthcare companies' proposed $13 billion deal until late February.
Centene is selling its majority stake in U.S. Medical Management, a home-based primary care provider.
Humana's third quarter earnings report told a story of slight revenue increases, dipping income and developing membership.
Centene announced Oct. 26 that it will begin using a third-party pharmacy benefits manager for its $30 billion in annual spending — a move that CFO Drew Asher said will be "a huge opportunity for an external PBM."
A lawsuit filed by the liquidating trust for Verity Health is claiming MultiPlan and national insurers used their influence to deny providers across the country $90 billion since 2012.
Amid this year's open enrollment period, call center workers who help Americans navigate ACA coverage options are struggling with their own coverage.
Premise Health will take over operations at several of Humana's wellness centers under a partnership between the provider and insurer, Premise said Nov. 2.
The Minnesota Department of Human Services has chosen UnitedHealthcare to administer the state's Medicaid program, effective Jan. 1, 2022, UnitedHealth Group announced Nov. 2.
Two and a half months after announcing its companywide COVID-19 vaccination mandate, Baltimore-based CareFirst BlueCross BlueShield president and CEO Brian Pieninck is calling the company's progress "a big step."
