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.
Payer
The following payers made headlines this week, beginning with the most recent.
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.
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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.
Asheville, N.C.-based Mission Health System representatives penned an op-ed stating a "fair contract" with the state's largest insurer — Durham-based Blue Cross and Blue Shield of North Carolina — "is not a want, it is an absolute need."
Long Beach, Calif.-based Molina Healthcare is poised to cut roughly 1,400 positions over the next few months, according to an internal company memo obtained by Reuters.
Seventy-seven percent of health plan-employed analytics professionals anticipate payers will increasingly invest in analytics during the next year, according to a survey by accounting and consulting firm Deloitte.