From Humana and two private equity firms signing a definitive agreement to acquire Louisville, Ky.-based Kindred Healthcare to Molina Healthcare issuing 60 layoffs this month, here are 10 payers making headlines this week.
Payer
Molina Healthcare will lay off 60 Long Beach, Calif.-based employees this month as part of its reorganization effort, the Press-Telegram reports.
Blue Cross and Blue Shield of Kansas appointed Matt All president and CEO, effective April 1.
Indianapolis-based Anthem made headlines this year amid changes to its hospital imaging and emergency department policies and a C-suite shakeup.
Elimination of the ACA's individual mandate under Republicans' tax reform "opens up the possibility for innovation," John Sarich, an insurance industry analyst and vice president of strategy at VUE Software, wrote in an op-ed published by The Hill.
Madison-based Group Health Cooperative of South Central Wisconsin named Annette Fox CIO.
Blue Cross and Blue Shield of Minnesota is recouping $4 million in overpayments from therapists who cared for its Medicaid members, the Star Tribune reports.
Birmingham, Ala.-based Cahaba Government Benefit Administrators, a wholly-owned subsidiary of Blue Cross and Blue Shield of Alabama, will lay off 264 workers after losing a Medicare administrative contract, the Birmingham Business Journal reports.
Hartford, Conn.-based Aetna made headlines this year amid an antitrust lawsuit concerning its bid for Humana and a $51.4 million out-of-network billing case with a Texas hospital.
The U.S. Chamber's U.S.-Korea Business Council elected Cigna CEO David Cordani as chairman Dec. 15.
