The former chairman and CEO of investment company Vanguard Group purchased 6,430 UnitedHealth Group shares May 1, according to a filing with the Securities and Exchange Commission.
Payer
WellSpan Health, an eight-hospital system based in York, Pa., partnered with Pennsylvania health insurer Capital BlueCross to coordinate care delivery and financing.
Aetna will not have to pay Florida hospitals owned by Nashville, Tenn.-based HCA Healthcare $150 million related to an arbitration case, according to a Securities and Exchange Commission filing from Aetna's parent company, CVS Health.
UPMC in Pittsburgh filed a response to the Pennsylvania Supreme Court, stating the court was well aware UPMC's relationship with Pittsburgh-based Highmark would end June 30, according to the Pittsburgh Business Times.
The country's largest commercial payers posted strong results for the first quarter of fiscal year 2019.
The American Hospital Association called on the Department of Justice's Antitrust Division to investigate Centene's $17.3 billion bid for WellCare Health Plans, the organization said in an emailed statement to Becker's Hospital Review.
Pittsburgh-based UPMC's health insurance division appointed Joon Lee, MD, CMO, effective May 15.
A single-payer health system could mean a variety of changes for the healthcare system, depending on its design. One thing is clear, according to the Congressional Budget Office: All participants would face substantial uncertainty.
Most people with employer-sponsored insurance are generally happy with their health plans, but many still struggle with healthcare affordability, according to a Kaiser Family Foundation/Los Angeles Times survey.
To overcome challenges of fraudulent activity and digital transactions, the insurance industry is beginning to introduce blockchain, which is designed to bring accountability, security and transparency to the industry, according to Yahoo Finance.
