Payer

UnitedHealth Group ended the first quarter of 2020 with a $3.4 billion profit, according to financial results released April 15.

Molina Healthcare terminated its agreement to acquire all the capital stock of NextLevel Health Partners, a Medicaid managed care organization in Illinois.

The following payer executives changed their positions in April.

Brown & Toland Physicians in Oakland, Calif., will join Blue Shield of California subsidiary Altais, the organizations said April 10.

CMS released a guidance April 11 that outlines the Trump administration's new COVID-19 coverage requirements for private health plans.

Blue Cross Blue Shield of Michigan will maintain pay and benefits for its employed clinicians who volunteer to help treat COVID-19 cases, among other initiatives to address the pandemic in the state, the insurer said April 3. 

The number of uninsured people in America is set to increase as COVID-19 leads to higher unemployment levels, according to an analysis from left-leaning think tank the Urban Institute.

Virginia health systems Sentara Healthcare in Norfolk and VCU Health System in Richmond finalized their joint ownership agreement of Virginia Premier health plan, a managed care plan, on April 8.

The behavioral health units of UnitedHealthcare and Cigna face four class-action lawsuits claiming the insurers conspired with a third-party company to underpay providers and balance bill patients hundreds of millions of dollars.

UnitedHealth Group will accelerate nearly $2 billion in payments and financial support to U.S. hospitals and healthcare providers to help address the significant financial pressure many are facing due to COVID-19.