Although Molina Healthcare saw its revenue grow by nearly $1 billion year over year, its profit fell in the fourth quarter when compared to the same period one year prior, according to an earnings report released Feb. 10.
Payer
The following payer executive changes were announced in February so far.
Anthem Blue Cross and Blue Shield in Missouri and St. Louis-based Mercy entered into a cooperative care agreement that aims to improve outcomes and lower costs for patients.
Blue Cross Blue Shield of Michigan and the Blue Care Network will extend cost-sharing waivers for members with COVID-19 through Sept. 30.
Democrats have included proposals to expand Medicaid in the latest $1.9 trillion COVID-19 relief bill, according to CNBC.
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Some of Humana's medical and dental members will be able to ask questions about their health plans to a virtual assistant under a new partnership with IBM Watson Health.
Blue Cross and Blue Shield of Minnesota will extend virtual care benefits for its members through the end of 2021, the insurer said Feb. 10.
COVID-19 patients with high-risk conditions like pulmonary disease, chronic kidney disease and diabetes are three times more likely to require care in an intensive care unit, according to an analysis of claims reviewed by the Blue Cross Blue Shield Association.
Centene is restructuring its organization, a change that will eliminate thousands of jobs, CEO Michael Neidorff told investors during a Feb. 9 call.
Centene ended the fourth quarter of 2020 with a $12 million loss, according to recent financial statements.