St. Louis-based Centene Corp. reported $254 million in net earnings in the second quarter of fiscal year 2017, a 49.4 percent increase from net earnings of $170 million in the same period last year.
Payer
America's Health Insurance Plans, the health insurance industry's largest trade group, urged GOP Senators Thursday to not repeal the ACA's mandate requiring most Americans have health insurance without a way to ensure individuals maintain their plans, The New York Times…
Ventura, Calif.-based AmericasHealth Plan has entered into a risk-based contract with Indianapolis-based Anthem Blue Cross with the goal of improving care coordination and health outcomes for those covered under Anthem's Medicare Advantage plans in San Fernando Valley and Ventura County…
Renaissance Physicians Organization has entered into a risk-based contract with Virginia Beach, Va.-based Amerigroup that covers individuals with an Amerigroup Medicare Advantage plan in the Huston area.
The following payers made headlines this week, beginning with the most recent.
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Indianapolis-based Anthem threatened to exit more ACA exchanges next year if uncertainty regarding the government's funding of cost-sharing reductions, which help offset the cost of providing discounted deductibles to eligible exchange enrollees, persists, Bloomberg reports.
Indianapolis-based Anthem reported net income of $855.3 million in the second quarter of fiscal year 2017, a 9.6 percent increase from $780.6 million in the same period last year.
Asheville, N.C.-based Mission Health System and Bloomfield, Conn.-based Cigna inked a multiyear contract effective Sept. 1.
Doral, Fla.-based Prestige Health Choice, a Medicaid managed care plan and joint venture between Florida Blue and AmeriHealth Caritas, both with locations in Jacksonville, Fla., paid $1.7 million to Florida physicians through its value-based compensation programs.
The New Jersey Supreme Court ruled Monday Newark-based Horizon Blue Cross Blue Shield of New Jersey must disclose documents detailing how it selected hospitals for its discount tier health plans, NJ.com reports.