Health insurance startup Oscar Health raised $165 million in its latest funding round.
Payer
Clearwater, Fla.-based BayCare Health System will launch a Medicare Advantage plan for Florida residents next year.
This year's hard-hitting flu season peaked in early February, and now influenza activity is on the decline, according to the CDC. As a result, investors may be turning away from hospital stocks and toward health insurance shares, Bloomberg reports.
Longview, Texas-based Christus Good Shepherd Health System and Blue Cross and Blue Shield of Texas will push back a deadline to negotiate a new contract one month, the Longview News-Journal reports.
Orlando (Fla.) Health and Aetna will launch a new employee-sponsored health plan June 1.
In February, Berkshire Hathaway CEO Warren Buffett called healthcare spending in the U.S. a "tapeworm on the economic system," and Aetna CEO Mark Bertolini agrees, according to CNBC.
Blue Cross Blue Shield of Michigan will collaborate with 64 surgeons across seven Michigan health systems on a new bundled payment initiative.
Georgia Republican Gov. Nathan Deal urged the CEOs of Atlanta-based Piedmont Healthcare and Blue Cross Blue Shield of Georgia to reach a new contract before a fast-approaching deadline, the Athens Banner-Herald reports.
UnitedHealthcare, the health insurance arm of UnitedHealth Group, created a website targeting Envision Healthcare's emergency department billing policies amid an ongoing payment dispute.
UnitedHealthcare, the insurance arm of UnitedHealth Group, endowed $2.5 million to the University of Michigan School of Public Health in Lansing to establish the UnitedHealthcare Professor of Healthcare Management.
