Payer: Page 45
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Payers, providers applaud new CMS prior authorization rule
Provider groups, including the AHA, asked the Senate to codify measures proposed by the CMS by passing bipartisan legislation imposing more prior authorization requirements on Medicare Advantage plans.
By Rebecca Pifer Parduhn • Dec. 8, 2022 -
UnitedHealth’s $5.4B buy of LHC expected to close in Q1
UnitedHealth’s buy of home health provider LHC Group for $170 a share could close as early as Jan. 6.
By Rebecca Pifer Parduhn • Dec. 7, 2022 -
CMS proposes new prior authorization requirements for payers, including MA plans
Regulators want payers to issue coverage decisions within 72 hours for urgent prior authorization requests — but the final turnaround time could be even shorter.
By Rebecca Pifer Parduhn • Dec. 7, 2022 -
Medicaid redeterminations
18M projected to lose Medicaid coverage at end of COVID-19 emergency
Many people who are currently enrolled in Medicaid will transition to other coverage, but 3.8 million people will completely lose insurance, according to the Robert Wood Johnson Foundation.
By Susan Kelly • Dec. 6, 2022 -
Key healthcare stories from 2022
This year has been especially tumultuous for healthcare, with the overturning of Roe v. Wade, numerous labor disputes and major M&A announcements.
By Shannon Muchmore • Dec. 5, 2022 -
Sponsored by Cognizant
Emerging regulatory standards are paving the way for a new era: Unified experiences will be healthcare’s future
The impending changes to prior authorization processing aren’t minor, and they aren’t the only types of regulatory transformation that healthcare organizations will need to navigate in the months and years to come.
Dec. 5, 2022 -
UnitedHealthcare loses lawsuit to TeamHealth — again — in ongoing battle over billing
A three-judge arbitration panel in Florida has awarded $10.8 million to TeamHealth after finding UnitedHealthcare underpaid the physician group’s clinicians from 2017 to 2020.
By Rebecca Pifer Parduhn • Dec. 2, 2022 -
Surprise Billing
Texas Medical Association files third lawsuit over surprise billing ban
This latest filing targets the methodology for how payments are calculated and used during arbitration.
By Samantha Liss • Dec. 1, 2022 -
UnitedHealth Group projects up to $360B in 2023 revenue, buoyed by Optum growth
The projected revenue growth comes after the Department of Justice announced this month it would appeal a federal judge’s decision that allowed UnitedHealth’s $13 billion purchase of Change Healthcare to close.
By Sydney Halleman • Nov. 30, 2022 -
Bernie Sanders poised to lead Senate health committee
The longtime proponent of universal healthcare is set to become chair of the Health, Education, Labor and Pensions Committee. Sen. Bill Cassidy, R-La., is in line to be the committee’s ranking member.
By Susan Kelly • Nov. 28, 2022 -
Sponsored by Zipari
Health insurance customer experience starts at open enrollment
Why health plan consumer experience matters; from the perspective of a stressed-out son.
By Maryann Waugh, Director of Content and Research • Nov. 28, 2022 -
Centene continues to sell ancillary business units
The sale of Magellan Specialty Health is the latest divestiture in Centene’s plan to sell non-core assets as part of a long-term strategy to improve the company’s profit margin.
By Samantha Liss • Nov. 23, 2022 -
Surprise Billing
Lawmakers object to latest surprise billing rule, call for changes
House Ways and Means Committee leaders “are severely disappointed to find that the August 2022 final rule violates the No Surprises Act in the same ways as before,” they wrote in a letter to regulators last week.
By Samantha Liss • Nov. 22, 2022 -
HLTH22
HHS to look at MA risk adjustment as upcoding in spotlight
Regulators have considered changing how they calculate patient risk and provider reimbursement, work that the HHS head said is continuing.
By Rebecca Pifer Parduhn • Nov. 17, 2022 -
HLTH22
Divided Congress after midterms will allow HHS to execute on policy priorities, Becerra says
The department will focus on implementing drug price negotiation in Medicare and surprise billing regulations, according to the secretary.
By Rebecca Pifer Parduhn • Nov. 16, 2022 -
HLTH22
Elevance plans to continue aggressive M&A, CEO says
CEO Gail Boudreaux said the insurer plans to grow "very aggressively" into adjacent care services.
By Rebecca Pifer Parduhn • Nov. 15, 2022 -
HLTH22
Maven raises $90M, fueling push into Medicaid, CMO says
Roadblocks for the startup include shifting requirements state-by-state and historically low margins in Medicaid.
By Rebecca Pifer Parduhn • Nov. 15, 2022 -
Medical group asks Congress to offset Medicare payment cuts
The Medical Group Management Association wants Congress to take action to help physician practices by the end of the year.
By Susan Kelly • Nov. 15, 2022 -
Nearly 1 in 4 gig workers lacks health insurance, survey finds
A majority of those workers cited affordability as the main barrier to getting coverage, according to a poll from insurance broker Stride Health.
By Susan Kelly • Nov. 15, 2022 -
Cigna’s MDLive will add chronic care program to virtual primary care plans
Initially, the program will be available for patients with hypertension, but will expand throughout the year to other common chronic conditions.
By Rebecca Pifer Parduhn • Nov. 14, 2022 -
Bright Health ceases MA operations in Florida in latest business cut
The newest reduction for the insurtech comes less than a month after Bright announced it was leaving the Affordable Care Act exchanges and slashing its Medicare Advantage footprint to just Florida and California.
By Rebecca Pifer Parduhn • Nov. 10, 2022 -
Profits continue to climb for payers as possible recession looms
Despite talk of a recession, all major insurers expect a rosier end to 2022 than previously predicted. On the other hand, profits fell for large hospital operators faced with pricier labor and lower volumes.
By Samantha Liss • Nov. 9, 2022 -
Elevance Health to acquire specialty pharmacy BioPlus
BioPlus will complement the payer’s existing pharmacy benefit manager, IngenioRx, providing patients with specialty drugs and a whole-health approach.
By Samantha Liss • Nov. 9, 2022 -
What’s in it for Evernorth? Cigna’s health services arm invests $2.5B in VillageMD-Summit
The deal could have major ramifications for Evernorth’s push to value-based care in the commercial sector, according to Cigna executives and analysts.
By Rebecca Pifer Parduhn • Nov. 9, 2022 -
Sponsored by Cognizant
Tomorrow’s healthcare industry leaders will be masters of agility and innovation — a product mindset will show them the way
Though healthcare hasn’t always been considered a hotbed of innovation; new market pressures are pushing payer and provider organizations to become more flexible and agile than ever before.
Nov. 7, 2022