Massachusetts' insurance commissioner has approved the sale of Springfield-based Baystate Health's insurance subsidiary, Health New England, to Point32Health for $165 million. Point32Health is the ...

UnitedHealth Group expects revenues of up to $455 billion in 2025. The company hosted its annual investor conference on Dec. 4. UHG CEO Andrew Witty abruptly canceled the event about one hour after it ...

Ten providers recently posted job listings seeking leaders in payer contracting and relations. Note: This is not an exhaustive list. Listings were compiled from job-seeker sites. 1. Adventist Health, ...

Sacramento, Calif.-based Sutter Health has named Aparna Abburi as senior vice president of population health and health plan services and CEO of Sutter Health Plan. Ms. Abburi previously held ...

Georgia will award Medicaid contracts to four Medicaid managed care organizations. According to a notice published Dec. 2, the agency plans to grant Medicaid contracts to Humana, CareSource, Molina ...

Anthem Blue Cross Blue Shield has walked back a controversial policy capping the amount of time it would reimburse providers for anesthesia services. In November, Anthem Blue Cross Blue Shield Plans ...

AM Best downgraded the outlook for Blue Cross Blue Shield of Michigan from stable to negative based on a "sharp deterioration" in underwriting and operating income. In a Dec. 3 news release, AM Best, ...

StretchDollar, a startup platform for administering ICHRAs, has closed on a series of seed rounds for a total of $6 million in funding. The funding round was led by Oscar Health and Fika Ventures and ...

The prices for some GLP-1s have dropped significantly in recent years for individuals covered by Medicare and commercial insurance, according to a new report from HHS. In 2024, the U.S. list prices ...

Priority Health has closed on its purchase Physicians Health Plan of Northern Indiana, a Fort Wayne-based payer with more than 50,000 members in Indiana and Ohio. The acquisition was first announced ...

Michigan Medicine will shutter its health plan, U-M Health Plan, at the end of 2025. The health plan has experienced "significant financial losses" over the past few years, the health system wrote in ...

A former Aetna employee has been sentenced to five years in prison in Ohio over his involvement in several fraudulent claims schemes. The individual, Justin Mack, pleaded guilty to 13 felony counts of ...