Molina Healthcare COO Terry Bayer plans to retire in the next several weeks. Going forward, the company is eliminating the corporate COO role.
Payer
CVS, which recently agreed to buy health insurer Aetna in a $69 billion deal, will keep Aetna's headquarters in Hartford, Conn., according to the Hartford Courant.
The California Department of Health Care Services approved Aetna's participation in the state's Medicaid managed care program, Medi-Cal, Aetna announced Thursday.
An unidentified number of plaintiffs filed a lawsuit against Centene Corp. in federal court Thursday, claiming the health insurer failed to provide patients with adequate access to in-network physicians in approximately 15 states, The New York Times reports.
From Humana departing America's Health Insurance Plans to Cigna laying off 60 employees at its HealthSpring unit, here are nine payers making headlines this week.
A transaction between Humana and Kindred Healthcare, a Louisville, Ky.-based acute care provider, will help Humana better control its members' chronic diseases, Humana CEO Bruce Broussard said, according to Insider Louisville.
Aetna's Medicaid members will gain access to Community Care of North Carolina's physician network and care management services under a new agreement.
Providence Plan Partners, a Providence Health Plan affiliate, is in talks to acquire Performance Health Technology, a Salem, Ore.-based company that supports provider-sponsored health plans in Oregon and California, according to the Portland Business Journal.
UnitedHealthcare teamed up with DexCom, a provider of wearable glucose monitors, to offer Medicare Advantage members participation in a pilot glucose management effort.
Aetna will no longer receive a $9.6 million incentive package to move its headquarters from Hartford, Conn., to New York City, Crain's New York Business reports.
