Stanford (Calif.) Health Care filed a lawsuit against Anthem, claiming its subsidiary Blue Cross Blue Shield of Indiana didn't pay the proper amount for services given to patients.
Payer
Health insurer Humana failed to comply with some federal coding requirements, resulting in overpayments of $197.7 million, according to an inspector general's report released April 20.
Evernorth, Cigna's health services business, completed its acquisition of telehealth company MDLive April 19.
Insurer Anthem is increasing its use of artificial intelligence to streamline the backend management systems of businesses, according to an article from Deloitte published in The Wall Street Journal.
The Anthem Foundation, the philanthropic arm of Anthem, provided a $1 million grant to the American Cancer Society to "mobilize and engage Black Americans in cancer risk reduction," according to a press release.
In a letter to Connecticut Gov. Ned Lamont, payer executives argued against a bill that would impose a $50 million tax on insurance companies, potentially driving businesses out of the state, according to the Hartford Courant.
Blue Cross Blue Shield of Michigan was fined for failing to meet state COVID-19 workplace requirements, according to a recent penalty notification.
CMS rescinded approval for a waiver that would have extended reimbursement to Texas hospitals for uncompensated care for 10 years.
Health insurers are increasingly partnering with providers to better manage services for members with kidney disease.
Optum saw its revenue and customer base grow in the first quarter of 2021 as the company continues to expand.
