Finances: Page 9

  • Cigna's logo is seen on a door.
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    Julia Rendleman via Getty Images
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    Cigna closes $3.7B sale of Medicare business to HCSC

    The deal, which removes Cigna from the volatile Medicare Advantage market, closed a little over a year after being announced.

    By • March 20, 2025
  • UnitedHealth Group office
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    Courtesy of UnitedHealth Group
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    Optum Rx says it will eliminate 10% of prior authorizations

    The massive pharmacy benefit manager plans to stop requiring coverage reauthorizations for roughly 80 drugs used to treat migraines, multiple sclerosis, high cholesterol and more.

    By • March 19, 2025
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Providers contend with changes in Washington in 2025

    The nation’s leading for-profit health systems are closely monitoring changes to Medicaid funding and bracing for possible cuts to state supplemental payment programs this year.

    By Susanna Vogel • March 14, 2025
  • A patient doing leg exercises guided by a smartphone using Hinge Health.
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    Courtesy of Hinge Health
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    Virtual physical therapy company Hinge Health files for IPO

    The digital health IPO market has slowed to a crawl in recent years, but it could be poised for a turnaround in 2025, experts say.

    By • March 12, 2025
  • Text of the word 'Medicaid' in the middle of a U.S. dollar bill
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    Medicaid expansion cuts could hit provider revenue, spike uncompensated care: report

    If states end their expansion programs in response to funding cuts, spending on healthcare services would fall by nearly $80 billion and uncompensated care costs would rise by $19 billion in 2026, according to new research.

    By • March 12, 2025
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    Sponsored by Zelis

    5 considerations for health plans evaluating the VOI of healthcare technology

    Health plans must shift from ROI to VOI, evaluating tech investments for long-term, holistic value.

    By Jay Deady, President of Price Optimization, Zelis • March 3, 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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    UHS’ income soars in 2024 on behavioral health volume

    Still, executives addressed concerns about potential changes to federal healthcare policy that could impact the provider’s bottom line, including cuts to Medicaid.

    By Susanna Vogel • Feb. 28, 2025
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    Spencer Platt via Getty Images
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    Deep Dive

    Insurers closed out 2024 on shaky footing

    Operating income fell for all but two major payers’ insurance divisions in the fourth quarter. And 2025 may be no better, after many insurers released outlooks suggesting medical costs will continue to rise.

    By • Feb. 25, 2025
  • Close-up of water glasses and portfolios on a long desk with a row of empty chairs.
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    Veradigm changes up board of directors

    The health IT vendor was delisted from trading on Nasdaq last year for failing to file timely financial reports. Last month, the company ended a strategic review without finding a buyer.

    By • Feb. 24, 2025
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    Private equity investment in healthcare remained steady in 2024: report

    Investment could rise in 2025 if interest rates decline and the Trump administration is friendly to private equity firms.

    By Susanna Vogel • Feb. 24, 2025
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    CHS’ losses widen in 2024

    The hospital operator said divestitures, medical specialist fees and payer denials pressured the system last year.

    By Susanna Vogel • Feb. 20, 2025
  • Amwell physician conducts visit with patient
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    Courtesy of Amwell
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    Amwell touts military contract deployment wins in Q4

    The telehealth vendor posted a net loss again last year, but said it plans to achieve positive cash flow by 2026.

    By Susanna Vogel • Feb. 13, 2025
  • Capitol Hill lit up at night
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    Win McNamee via Getty Images
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    GOP calls for $1.5T in cuts, much of which could come from healthcare

    House Republicans unveiled their budget wish list last week, which directs the Energy and Commerce Committee — which oversees Medicare and Medicaid — to find $880 billion in savings.

    By • Feb. 13, 2025
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Tenet has ‘outstanding’ 2024, addresses policy changes in Washington

    Health system leaders said Tenet is mostly insulated from proposed policy changes like Medicaid cuts due to its focus on ambulatory surgical centers. 

    By Susanna Vogel • Feb. 13, 2025
  • CVS
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    Joe Raedle via Getty Images
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    CVS slashes profit in 2024 as high medical costs hit Aetna

    However, the healthcare giant beat Wall Street expectations for earnings and revenue in the fourth quarter, sending its stock soaring on Wednesday. 

    By • Feb. 12, 2025
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    Large healthcare companies are redistributing most of their profits to shareholders, study finds

    Researchers suggested that policymakers encourage reinvestment of capital into patient care and limit share buybacks based on the findings.

    By • Feb. 12, 2025
  • Outside of Mass General Brigham
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    Wirestock via Getty Images
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    Mass General Brigham to conduct largest layoffs in its history

    MGB said the layoffs are necessary to get ahead of an anticipated budget shortfall of $250 million over the next two years.

    By Susanna Vogel • Feb. 11, 2025
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    Humana’s 2024 profit slashed in half amid higher medical spending

    The massive insurer now expects to lose 550,000 Medicare Advantage members — roughly one-tenth of its individual MA footprint — this year as a result of plan cuts.

    By • Feb. 11, 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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    Kaiser’s 2024 earnings show ROI of Risant Health spinoff

    Risant acquisitions accounted for about half of Kaiser’s net income in 2024.

    By Susanna Vogel • Feb. 10, 2025
  • Walgreens sign seen on January 2023
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    Michael M. Santiago via Getty Images
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    Walgreens offloads more Cencora shares

    The sale netted about $300 million for Walgreens and shrinks the company’s stake in Cencora to approximately 6%, down from 10%.

    By • Feb. 7, 2025
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    Spencer Platt / Staff via Getty Images
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    New contract wins ding Molina’s earnings outlook for 2025

    Medicaid and dual-eligible contracts fuel growth for the California-based insurer, but also come with upfront implementation costs that will lower its earnings this year, executives said.

    By • Feb. 6, 2025
  • A man loads his truck in front of a Kroger store
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    Brandon Bell via Getty Images
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    Express Scripts, Kroger reach new pharmacy network agreement

    The two have mended fences after a nasty contract dispute in 2022 caused Kroger pharmacies to go out of network with Express Scripts’ members.

    By • Feb. 5, 2025
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    Oscar Health reports first profitable year

    The insurer lost $153.5 million in the fourth quarter but still eked out a $25.4 million profit for the full year thanks to snowballing growth in ACA plans.

    By • Feb. 5, 2025
  • A stethoscope rests on a pile of American dollar bills.
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    Molina closes ConnectiCare acquisition

    The deal adds $1.4 billion in annual premiums to Molina’s topline and 140,000 additional Medicare, Affordable Care Act marketplace and commercial members to the insurer’s rolls.

    By • Feb. 4, 2025
  • Centene's headquarters in Clayton, Missouri, a suburb outside of St. Louis.
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    Samantha Liss/Healthcare Dive
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    Centene sets itself up for ‘equilibrium’ in 2025

    The insurer also reported notable ACA growth for this year, though membership could tick back down through the second quarter due to program integrity efforts.

    By • Updated Feb. 5, 2025