The New York Department of Health and the New York Department of Financial Services each approved insurer Centene's bid to acquire Fidelis Care for $3.75 billion, Centene announced April 23.
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Persistence is key for health systems negotiating out-of-network payments. Collect Rx is the only company in the nation devoted to negotiating out-of-network bills for healthcare providers.
UnitedHealth Group CEO David Wichmann earned nearly $17.4 million in 2017, which is 298 times more than the company's median employee, according to UnitedHealth's 2018 proxy statement.
Humana, in partnership with two private equity firms, will purchase hospice operator Curo Health Services, based in Mooresville, N.C., for $1.4 billion — marking the trio's second deal in five months to beef up its hospice care portfolio, reports Reuters.
Though mega-mergers have taken the insurance industry by storm, Harvard Pilgrim Health Care President and CEO Eric Schultz believes there is still an important place for regional payers, according to Hartford Business.
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A network dispute between Brentwood, Tenn.-based TriStar Health, a subsidiary of Nashville, Tenn.-based HCA Healthcare, and BlueCross BlueShield of Tennessee produced $14 million in patient balance bills, according to an article submitted to the Tennessean by Alex Tolbert, founder of consulting group Bernard…
Chicago-based Health Care Service Corp., the umbrella company of five Blue Cross and Blue Shield plans, reported a $1.26 billion surplus in 2017, turning around three years of losses and modest growth, Crain's Chicago Business reports.
Cigna will phase out 50 positions at an office in Hooksett, N.H., WMUR 9 reports.
Albuquerque-based New Mexico Heart Institute, one of the state's largest cardiology practices, terminated its contract with Presbyterian Health Plan — a move that will affect about 3,000 patients, the Albuquerque Journal reports.
The U.S. Court of Federal Claims granted class-action status for a health insurer's lawsuit against the U.S. government over its decision to end cost-sharing reduction payments, which helped insurers subsidize the cost of coverage for low-income Americans.