Oscar Health reported a $87.4 million net loss in the first quarter of fiscal year 2021, according to financial documents the insurer released May 13.
Payer
The Concord, Calif.-based Sutter Health and Aetna joint health plan announced it will offer fully insured products to Northern California employers in the 2022 enrollment season, a May 12 news release said.
SelectHealth, the health insurance unit of Salt Lake City-based Intermountain Healthcare, is rebranding its pharmacy benefit manager.
Missouri notified CMS it is formally withdrawing its planned Medicaid expansion, the state governor's office said May 13.
Cigna president and CEO David Cordani sold 62,123 shares of the payer's stock on May 7, according to Yahoo Finance.
Mississippi is the latest target for Medicaid expansion, according to Forbes.
Braven Health, a health insurance company launched by two providers and a payer in New Jersey, initially enrolled more than 13,000 people in its Medicare Advantage plans, according to a May 13 ROI-NJ.com report.
Biotheranostics, a subsidiary of San Diego-based Hologic, has received expanded Medicare coverage of its Breast Cancer Index test. The additional coverage became effective May 10, according to CMS.
Centene's acquisition of Phoenix-based behavioral health provider Magellan is nearing completion.
Hours before a midnight deadline, Blue Cross Blue Shield of Oklahoma changed terms in its proposed contract agreement with Saint Francis Health System, according to the CEO of the Tulsa, Okla.-based health system.
