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.
Payer
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.
Cleveland Clinic-affiliated Ashtabula (Ohio) County Medical Center extended its agreement with Medicaid managed care plan Dayton, Ohio-based CareSource, despite a stalemate between Cleveland Clinic and the payer, according to a Star Beacon report.
The CEO of Baltimore-based CareFirst BlueCross BlueShield said an impasse with Annapolis, Md.-based Anne Arundel Medical Center revolves around a $1 million rate reduction on $200 million in annual reimbursement from the payer, Capital Gazette reports.
Steven Nelson, CEO of Minnetonka, Minn.-based UnitedHealth Group's UnitedHealthcare insurance arm, said an opportunity exists "to further advance the penetration" of Medicare Advantage, according to a Forbes report.
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Jeff Ricketts succeeded Burke King as the president of Richmond-based Anthem Blue Cross and Blue Shield in Virginia, The Roanoke Times reports.
Louisville, Ky.-based Humana plans to hire roughly 500 seasonal workers to staff its 2018 Medicare Advantage enrollment, WDRB reports.
Policyholders affected by a looming contract termination between Asheville, N.C.-based Mission Health System and Durham-based Blue Cross and Blue Shield of North Carolina can receive in-network care at Park Ridge Health in Hendersonville, N.C.
HHS says a proposal from Sen. Ted Cruz, R-Texas, to the Senate healthcare bill — which allows health insurers to sell non-ACA compliant coverage — could significantly reduce premiums for some ACA exchange enrollees by 2020, Politico reports.
Edgewood, Ky.-based St. Elizabeth Healthcare and Lexington, Ky.-based WellCare, a Medicaid and Medicare managed care insurer, entered into a value-based care contract to improve health outcomes of Medicaid and Medicare beneficiaries.