Activist hedge fund Third Point wants Centene to look into selling itself before buying WellCare Health Plans, people familiar with the matter told The Wall Street Journal.
Payer
Patients overspend on diagnostic tests when healthcare prices are high and vary significantly from provider to provider, according to a research brief from UnitedHealth Group.
UnitedHealth Group has yet to complete its $4.3 billion acquisition of DaVita Medical Group, which was originally expected to close in 2018, according to Forbes contributor Bruce Japsen.
Parkview Medical Center, one of the largest hospitals in southern Colorado, may soon be considered out of network for Cigna members, according to local TV station KRDO.
Steve ErkenBrack, president and CEO of Rocky Mountain Health Plans, made a surprise announcement May 21 that he is leaving the company, according to The Daily Sentinel.
Under the impression they're choosing comprehensive health coverage, more consumers are purchasing "skimpy" health plans due to misleading websites, according to The Philadelphia Inquirer.
A Trump administration proposal that would change how the federal poverty line is calculated would cause millions of people to lose assistance from government health programs, according to a report from the left-leaning Center on Budget and Policy Priorities.
Gold Coast Health Plan, which administers Medicaid benefits in California, is looking into providing more board meeting information in Spanish and English after facing allegations of discrimination, according to the Ventura County Star.
During the past decade, the average health insurance deductible for employer-based coverage climbed more than 150 percent, according to the Peterson-Kaiser Health System Tracker.
A contract between Kettering Health Network and Cigna is set to expire in June as negotiations between the parties stall, according to the Dayton Business Journal.
