Payer: Page 115
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Academic medical centers lag behind other facilities for cost, quality
Despite improvements on some metrics, AMCs still face more Medicare value-based program penalties, according to a Navigant report.
By Les Masterson • Aug. 9, 2018 -
CVS rejects pharma claim that rebates push up drug prices
Responding to charges that PBMs pocket much of drug rebates, the pharmacy giant said it retains only 2% of the price concessions from drugmakers.
By Ned Pagliarulo • Aug. 9, 2018 -
CVS rolls out virtual care offering in 9 states
The program leverages Teladoc's technology platform and is available through the CVS app.
By Meg Bryant • Aug. 9, 2018 -
ACOs using medical home physicians save money, yield higher quality, report finds
"ACOs and patient-centered medical homes are cut out of the same cloth," Robert Mechanic, executive director of the Institute for Accountable Care, said about the research.
By Rebecca Pifer Parduhn • Aug. 8, 2018 -
Small, medium payers show growing interest in provider-sponsored plans
A new white paper looked at that payer marketplace niche, which has seen significant turnover in the past five years.
By Les Masterson • Aug. 8, 2018 -
Small company employees with high-deductible plans get less help with out-of-pocket costs
More than three-fourths of HDHP members in small companies don't have an employer-funded account, according to a study from researchers at the Agency for Healthcare Research and Quality.
By Les Masterson • Aug. 8, 2018 -
Humana sues drugmakers alleging generic price-fixing scheme
The insurance giant's civil suit, which lists 16 drugs and nearly 30 drugmakers, closely tracks ongoing federal and state criminal investigations.
By Andrew Dunn • Aug. 8, 2018 -
Deep Dive
5 takeaways from payer Q2 earnings reports
Health insurers found success in Medicare, Medicaid and even the ACA exchanges.
By Les Masterson • Aug. 8, 2018 -
Cigna claps back at Icahn in defense of Express Scripts acquisition
In a lengthy letter to shareholders, Cigna claims activist investor Carl Icahn's disapproval of its pending deal with Express Scripts is "misguided and short-sighted." Shareholders will vote on the deal Aug. 24.
By Tony Abraham • Aug. 8, 2018 -
CMS to allow step therapy in MA plans in bid to boost price competition
Dan Best, CMS senior advisor for drug pricing reform, told reporters the policy could save 15-20% of the $12 billion annual spend by MA plans on oft-pricey Part B drugs. Not all analysts buy that estimate.
By David Lim • Aug. 8, 2018 -
Market concentration tied to higher premiums in ACA markets, study finds
Premiums in marketplaces with monopolist insurers were 50% higher than in markets with more than two insurers, according to a Health Affairs report.
By Meg Bryant • Aug. 7, 2018 -
GM contracting directly with Henry Ford Health System
The companies say the new plan is forecasted to save employees between $300 and $900 per year in healthcare costs without raising deductibles.
By Rebecca Pifer Parduhn • Aug. 7, 2018 -
Icahn blasts Cigna-Express Scripts deal as among 'worst acquisitions in corporate history'
The activist investor warned that PBMs are under a political microscope too risky for Cigna investors, also citing risks from Amazon. Shareholders vote on the deal Aug. 24.
By David Lim • Aug. 7, 2018 -
CMS' Verma stands firm on 2015 EHR deadline, move to open APIs
Meanwhile, the coalition Health IT Now sent a letter to ONC chiding the government for failing to implement information blocking provisions of the 21st Century Cures Act.
By Meg Bryant • Aug. 7, 2018 -
Kaiser Permanente's Q2 revenue growth driven by higher premiums, new members
The Oakland-based health system also saw a 47% decrease in operating revenue that it blamed on a new accounting standard.
By Les Masterson • Aug. 7, 2018 -
More employers look toward value-based insurance plans
After years of implementing cost-sharing policies like the use of high-deductible plans, businesses are looking for new avenues to reduce costs and improve health.
By Les Masterson • Aug. 6, 2018 -
Healthcare M&A remains hot, but value fell in Q2
Despite the activity, there was only one industry megadeal in the quarter — KKR's $10 billion buy of Envision.
By Les Masterson • Aug. 3, 2018 -
Opioid prescriptions aren't decreasing, study finds
The results come despite myriad attempts from lawmakers, providers and payers to curb opioid use, including prescribing and dosage restrictions.
By Les Masterson • Aug. 2, 2018 -
Anthem, doc.ai to test blockchain-enabled AI to predict allergies
Doc.ai's end-to-end platform includes trial recruitment, engagement, data collection and predictive models.
By Meg Bryant • Aug. 2, 2018 -
Express Scripts income up, defends PBM model
The largest U.S. PBM touted 9.4% growth over the same quarter last year amid uncertainty around the future of the industry and the firm's pending merger with Cigna.
By Rebecca Pifer Parduhn • Aug. 2, 2018 -
Aetna sees slight revenue bump, membership drop
A day earlier, California's insurance commissioner came out against the payer's pending $69 billion deal with CVS.
By Les Masterson • Aug. 2, 2018 -
Cigna's commercial market success continues in Q2
The payer reported earnings that included a total revenue increase of 10% to $11.5 billion compared to the same quarter in 2017, beating Wall Street expectations.
By Tony Abraham • Aug. 2, 2018 -
Final rule expands short-term health plans to 12 months
The plans can now have a maximum duration of a year, but can be renewed for a total of three years. HHS expects 600,000 people to enroll next year with as many as 6 million by 2022.
By Tony Abraham • Aug. 1, 2018 -
Providers protest Texas Blue Cross Blue Shield restrictions
Austin-area pediatric specialists have accused Blue Cross and Blue Shield of Texas Medicaid plans of failing to pay for certain services.
By Meg Bryant • Aug. 1, 2018 -
Molina beats expectations with $202M net income for Q2
The payer came off strong in its quarterly earnings report after last year's tumultuous changes.
By Rebecca Pifer Parduhn • Aug. 1, 2018