Three investors — Annapolis, Md.-based Anne Arundel Health System, Baltimore-based LifeBridge Health and JARS Health Investments — ditched plans to acquire Baltimore-based Evergreen Health plan last month, The Baltimore Sun reports.
Payer
Fast enrollment, fast reimbursement—that’s the name of the game for quickly earning revenue after joining a new health plan.
Rhode Island adopted a new law that requires private insurers to cover fertility preservation for patients who undergo medical treatments that often result in infertility, according to the Providence Journal.
The following payers made headlines this week, beginning with the most recent.
Long Beach, Calif.-based Molina Healthcare recorded a $230 million net loss in the second quarter of fiscal year 2017, compared to a net profit of $33 million in the same period last year.
Jim Wadleigh, CEO of Connecticut's health insurance exchange Access Health CT, warned his agency's board of directors that the only two insurers still selling plans on their marketplace could leave next year, according to the Hartford Courant.
Hartford, Conn.-based Aetna saw revenue decrease in the second quarter of fiscal year 2017, but lower operating expenses fueled a year-over-year surge in net income.
Sparks Clinic physicians in Forth Smith, Ark., went out of network with Minnetonka, Minn.-based UnitedHealthcare Aug. 1.
Louisville, Ky.-based Humana more than doubled its net income in the second quarter of fiscal year 2017, driven by improvements in its Medicare Advantage and individual commercial businesses.
Next year Indianapolis-based Anthem will exit the majority of California's ACA exchange rating regions it participates in.
