Pittsburgh-based UPMC's insurance division grew its membership from about 2.9 million to 3.1 million policyholders in the first half of fiscal year 2017, representing a year-over-year increase of nearly 7 percent.
Payer
Ontario, Calif.-based Prime Healthcare Services will remain in-network with Anthem Blue Cross after backtracking on plans to end its contract with the Indianapolis-based insurer hours after the decision was publicized, reports the Record Searchlight.
Greenville, S.C.-based Bon Secours St. Francis Health System and Minnetonka, Minn.-based UnitedHealthcare extended their previously terminated contract through June 30 to avoid a lapse in in-network coverage for approximately 10,000 patients, according to a WSPA.com report.
Payers and providers are continuously looking for ways to join forces in a healthcare ecosystem dependent on reaching patient-centric and value-based goals.
The following health insurers eliminated or expanded jobs this past month.
These three contract resolutions and dissolutions occurred between payers and providers over the past few weeks, beginning with the most recent.
UnitedHealthcare Community Plan of Florida, a subsidiary of Minnetonka, Minn.-based UnitedHealth Group, disbursed more than $2.1 million in bonus payments to 263 physician practices across the state for improving quality measures at their facilities, Miami's Community Newspaper reports.
Becker's Hospital Review reported on the following executive moves in the health insurance industry this past month. They are listed below, beginning with the most recent.
Leaders from national health insurers including the Blue Cross Blue Shield Association, Cigna and Humana met with President Donald Trump Monday to discuss the climate of the payer industry, according to The Washington Post.
The idea of a state-run single-payer system is not dead in California, according to a Los Angeles Times report.
