Finances: Page 10

  • Cigna's logo is seen on a door.
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    Julia Rendleman via Getty Images
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    Cigna pledges changes to pharmacy, medical benefits following ‘messy’ close to 2024

    Fresh off underperforming Wall Street’s expectations in the fourth quarter, Cigna said it would work to lower costs for its customers amid widespread discontent with the healthcare system.

    By • Jan. 30, 2025
  • The White House in Washington, D.C.
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    Alex Wong via Getty Images
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    White House rescinds memo pausing federal funding following pushback

    The Office of Management and Budget rolled back a memo halting federal funding that caused widespread confusion and alarm. But “this is NOT a rescission of the federal funding freeze,” Trump’s top press secretary said.

    By • Jan. 29, 2025
  • a closeup of Donald Trump in business attire
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    Justin Sullivan via Getty Images
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    Judge halts Trump freeze on grants as states report healthcare payment portals back online

    States and providers regained access to a key healthcare payments portal amid widespread backlash over the Trump administration’s decision to halt federal aid.

    By • Jan. 29, 2025
  • President-elect Donald Trump and Vice President-elect Sen. JD Vance will be sworn in on January 20.
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    Kayla Bartkowski/Getty Images via Getty Images
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    Lawmakers report states shut out of Medicaid payment portals following Trump funding freeze

    Other payment systems also appear to be offline, suggesting a broader shutdown of federal portals related to grants and funding.

    By • Updated Jan. 28, 2025
  • A picture of the U.S. Bankruptcy Court sign in Manhattan
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    Chris Hondros/Getty Image via Getty Images
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    Healthcare bankruptcies declined in 2024: report

    Still, bankruptcy filings remained elevated, with the sector reaching the second-highest amount in the past six years, according to healthcare restructuring advisory firm Gibbins Advisors.

    By • Jan. 28, 2025
  • A red case with a picture of a heart and a lightning bolt and the word 'Philips' is on a plastic shelf fixed to a wall.
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    Courtesy of Philips
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    Philips to sell emergency care business

    Investment firm Bridgefield Capital will buy the segment, which includes cardiac resuscitation and emergency care devices, for an undisclosed amount.

    By Elise Reuter • Jan. 28, 2025
  • A picture of two people staring at the camera, one is leaning against a wall and one is sitting on a bench, in a white room.
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    Courtesy of Neko Health
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    Neko Health raises $260M to expand body scan service, fund R&D

    The company uses various medical devices to noninvasively check moles, the heart and more.

    By Nick Paul Taylor • Jan. 28, 2025
  • A close-up shot of Donald Trump in the Oval Office.
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    Anna Moneymaker via Getty Images
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    Trump freezes federal grants with big potential impact on providers, Medicaid

    Federal agencies must stop disbursing financial assistance under a new budget directive, threatening funding for providers and creating significant uncertainty for Medicaid payments to states.

    By • Jan. 28, 2025
  • An illustration of a large dollar coin with medical supplies flying in the foreground is positioned on an analysis tracking chart background.
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    HCA closes 2024 strong despite lingering hurricane impacts

    However, this year looks volatile, as the future of Medicaid state supplemental payment programs is uncertain and the threat of tariffs hang overhead.

    By Susanna Vogel • Jan. 24, 2025
  • UnitedHealth Group office
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    Courtesy of UnitedHealth Group
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    UnitedHealth reaches record revenue in 2024, though profit falls

    UnitedHealth’s net income plummeted to its lowest level since 2019 amid hefty costs, including some from the Change cyberattack. CEO Andrew Witty also remembered slain executive Brian Thompson on a Thursday morning call.

    By • Jan. 16, 2025
  • A birds-eye picture of a stethoscope and piggy bank against a blue background
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    Getty Images
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    Digital health funding falls again in 2024: Rock Health

    Investors focused their dollars on younger startups, while deal sizes for more established companies declined last year.

    By • Jan. 16, 2025
  • UnitedHealth Group office
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    Courtesy of UnitedHealth Group
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    Investors ask UnitedHealth for answers about delayed, denied care

    A faith-based group of investors has requested UnitedHealth prepare a report looking into how its practices could be leading to “delay or abandonment of medical treatment and serious adverse events for patients.”

    By • Jan. 13, 2025
  • The HHS in DC
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    Alex Wong via Getty Images
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    CMS proposes Medicare Advantage payment hike in 2026

    The Biden administration’s last MA rule is a boon for insurers, though it remains to be seen how the incoming Trump administration might put its stamp on the regulation before it’s finalized this spring.

    By • Jan. 13, 2025
  • Walgreens Pharmacy sign logo
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    Joe Raedle via Getty Images
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    Walgreens makes progress on turnaround in Q1, though losses grow

    Despite a $265 million net loss, investors saw reason for optimism in the quarter, including renegotiated pharmacy contracts and the closure of 70 underperforming stores.

    By • Jan. 10, 2025
  • A stethoscope rests on a medical insurance claim form.
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    Getty Images
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    Deep Dive

    Health insurers will step off the roller coaster in 2025

    After a turbulent year, things should calm for payers with the advent of a business-friendly Trump administration — though challenges will persist. Here are experts’ biggest predictions for 2025.

    By • Jan. 8, 2025
  • A man exits the front of the U.S. Capitol at dawn.
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    Win McNamee via Getty Images
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    Stopgap funding bill includes sweeping PBM reform, preserves telehealth flexibilities

    The bipartisan agreement will fund the government through March. It could also reshape the pharmacy supply chain by reforming how controversial drug middlemen do business.

    By • Dec. 18, 2024
  • Centene executives sit onstage in a semicircle as they answer questions from analysts.
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    Rebecca Pifer/Healthcare Dive
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    Centene lobbies Trump administration to preserve Medicaid, ACA following ‘tragic’ year

    The insurer warned Republicans about the political ramifications of cutting healthcare programs during its investor day, which began with a moment of silence for slain UnitedHealthcare CEO Brian Thompson.

    By • Dec. 13, 2024
  • Shot of CVS Pharmacy logo
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    Mario Tama via Getty Images
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    New bipartisan legislation would force insurers, PBMs to sell pharmacy businesses

    The PBM Act would make companies like CVS and UnitedHealth that own health insurers or PBMs sell pharmacy assets. That would help independent pharmacies, but may not help patients, according to one expert.

    By • Dec. 11, 2024
  • A doctor with a stethoscope sits in front of a laptop
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    Getty Images
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    Fitch bumps outlook for nonprofit hospitals in 2025

    Improved management of labor expenses contributed to the ratings change.

    By Susanna Vogel • Dec. 11, 2024
  • Pharmacist fills prescription drug order
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    Tim Boyle via Getty Images
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    About 1 in 3 retail pharmacies have closed since 2010: study

    Independent pharmacies were more likely to shut down, possibly because they’re more often excluded from pharmacy benefit managers’ networks, according to research published in Health Affairs.

    By • Dec. 4, 2024
  • The HHS in DC
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    Alex Wong via Getty Images
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    CMS recalculates Medicare Advantage stars for UnitedHealth, Centene

    After both insurers challenged the agency in court, the CMS improved scores for 12 UnitedHealth contracts and seven Centene contracts.

    By • Dec. 4, 2024
  • An illustration of a large dollar coin with medical supplies flying in the foreground is positioned on an analysis tracking chart background.
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Ascension reduces operating loss, grows volumes in Q1

    The provider is rebounding from a sweeping cyberattack this spring that took its electronic health record offline for weeks and led to significant losses.

    By Susanna Vogel • Dec. 3, 2024
  • A white sign bears the word Sanofi at a road entrance to an office building.
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    Getty Images
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    Sanofi joins J&J, Eli Lilly in proposing 340B rebate model

    Sanofi plans to phase in its own rebate model for 25 drugs — including anti-inflammatory injectable Dupixent, one of the top 10 drugs in global sales — early next year. It’s unclear how regulators will react.

    By • Updated Nov. 27, 2024
  • A stethoscope rests on a pile of $100 bills.
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    Getty Images
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    MPT installs new leadership at Prospect hospitals as system continues to miss rent payments

    Prospect has attempted to sell hospitals to generate liquidity, but has been unable to offload several of its properties.

    By Susanna Vogel • Updated Nov. 25, 2024
  • Bankruptcy court
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    Getty Images
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    CareMax, dragged by Steward, files for bankruptcy

    CareMax was the exclusive Medicare managed service organization to Stewardship Health. Steward’s bankruptcy posed an “existential threat” that CareMax said it couldn't overcome.

    By Susanna Vogel • Updated Nov. 20, 2024