Bright Health slashes annual revenue guidanceBright Health slashes annual revenue guidanceBright Health slashes annual revenue guidance

Bright Health slashes annual revenue guidance

Bright Health Group narrowed its net loss 56% to $125 million as revenue nearly doubled to $298 million during the second-quarter.

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CMS updates HCAHPS survey amid declining scoresCMS updates HCAHPS survey amid declining scoresCMS updates HCAHPS survey amid declining scores

CMS updates HCAHPS survey amid declining scores

The modifications to the Hospital Consumer Assessment of Healthcare Providers and Systems survey have been years in the making.

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Oscar Health eyes exchanges expansion in 2024, Bertolini saysOscar Health eyes exchanges expansion in 2024, Bertolini saysOscar Health eyes exchanges expansion in 2024, Bertolini says

Oscar Health eyes exchanges expansion in 2024, Bertolini says

Oscar Health narrowed its net loss 86.2% to $15.4 million as revenue grew 49.6% to $1.5 billion during the second quarter, the health insurer reported Tuesday.

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US COVID-19 hospitalizations are on the rise again, but not like beforeUS COVID-19 hospitalizations are on the rise again, but not like beforeUS COVID-19 hospitalizations are on the rise again, but not like before

US COVID-19 hospitalizations are on the rise again, but not like before

With an updated vaccine still months away, this summer bump in new hospitalizations might be concerning, but the number of patients is far lower than before.

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Only 6% of health systems have generative AI strategy: reportOnly 6% of health systems have generative AI strategy: reportOnly 6% of health systems have generative AI strategy: report

Only 6% of health systems have generative AI strategy: report

Around 75% health system executives say generative AI has reached a turning point in its ability to reshape the industry.

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Babylon’s proposed deal to go private falls throughBabylon’s proposed deal to go private falls throughBabylon’s proposed deal to go private falls through

Babylon’s proposed deal to go private falls through

Babylon Health, an AI company, announced a proposed deal in June to combine with MindMaze, a digital health company focused on brain health.

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CMS pauses surprise billing arbitration after court rulingCMS pauses surprise billing arbitration after court rulingCMS pauses surprise billing arbitration after court ruling

CMS pauses surprise billing arbitration after court ruling

The fourth surprise billing-related lawsuit from the Texas Medical Association resulted in another win for providers. 

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Bright Health receives credit lifeline to keep afloatBright Health receives credit lifeline to keep afloatBright Health receives credit lifeline to keep afloat

Bright Health receives credit lifeline to keep afloat

Financially strapped Bright Health Group now has the means to stay in business while it completes a deal to sell its final insurance assets to Molina Healthcare.

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Mass General Brigham bets big on hospital-at-homeMass General Brigham bets big on hospital-at-homeMass General Brigham bets big on hospital-at-home

Mass General Brigham bets big on hospital-at-home

Mass General Brigham has ambitious plans to expand its hospital-at-home offerings. They may hinge on what the Centers for Medicare and Medicaid Services does next.

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Kaiser Permanente continues financial turnaround with strong Q2Kaiser Permanente continues financial turnaround with strong Q2Kaiser Permanente continues financial turnaround with strong Q2

Kaiser Permanente continues financial turnaround with strong Q2

Tom Meier, corporate treasurer, said Kaiser is still battling labor shortages, high costs from inflation, and pandemic-related effects on access to care.

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UnitedHealth names Conway OptumRx CEOUnitedHealth names Conway OptumRx CEOUnitedHealth names Conway OptumRx CEO

UnitedHealth names Conway OptumRx CEO

Dr. Patrick Conway will serve as CEO of UnitedHealth Group's pharmacy benefit management unit, effective immediately, according to a Thursday post on Linkedin. 

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Clover Health regains Nasdaq listing standard complianceClover Health regains Nasdaq listing standard complianceClover Health regains Nasdaq listing standard compliance

Clover Health regains Nasdaq listing standard compliance

Clover Health will reevaluate share reduction proposals after regaining compliance with the exchange's listing standard.

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5 things to know about CMS’ latest hospital star ratings5 things to know about CMS’ latest hospital star ratings5 things to know about CMS’ latest hospital star ratings

5 things to know about CMS’ latest hospital star ratings

A higher percentage of hospitals fell into the one-star and five-star categories this year, though most facilities didn’t see any change in their rating.

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Alignment plans to boost Medicare Advantage benefits after Q2 lossAlignment plans to boost Medicare Advantage benefits after Q2 lossAlignment plans to boost Medicare Advantage benefits after Q2 loss

Alignment plans to boost Medicare Advantage benefits after Q2 loss

Alignment Healthcare’s net loss more than doubled during the second quarter to $28.5 million, or 15 cents per share.

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Privia enters new state, adds former UnitedHealth CEO to boardPrivia enters new state, adds former UnitedHealth CEO to boardPrivia enters new state, adds former UnitedHealth CEO to board

Privia enters new state, adds former UnitedHealth CEO to board

Physician enablement company Privia Health posted positive financials in the second quarter of 2023. 

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Cigna plans rate hikes amid high ACA risk-adjustment chargesCigna plans rate hikes amid high ACA risk-adjustment chargesCigna plans rate hikes amid high ACA risk-adjustment charges

Cigna plans rate hikes amid high ACA risk-adjustment charges

Cigna's net income declined 6.2% to $1.5 billion in the second quarter, the health insurance company reported Thursday.

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Q&A with VillageMD on Stay Well Care Plans initiativeQ&A with VillageMD on Stay Well Care Plans initiativeQ&A with VillageMD on Stay Well Care Plans initiative

Q&A with VillageMD on Stay Well Care Plans initiative

"This is concierge care for a senior patient without a concierge fee," VillageMD Chief Medical Officer Dr. Stuart Levine said of the company's Stay Well Care Plans offering.

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Amwell sees revenue decline, subscriber churnAmwell sees revenue decline, subscriber churnAmwell sees revenue decline, subscriber churn

Amwell sees revenue decline, subscriber churn

 Part of Amwell's net losses were attributed to a $27.3 million non-cash goodwill impairment charge recorded in the second quarter. 

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Community Health Systems still vying for profitability in Q2Community Health Systems still vying for profitability in Q2Community Health Systems still vying for profitability in Q2

Community Health Systems still vying for profitability in Q2

For-profit Community Health Systems reported a net loss of $38 million, or 29 cents per diluted share, in the second quarter.

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HIMSS sells annual conference to InformaHIMSS sells annual conference to InformaHIMSS sells annual conference to Informa

HIMSS sells annual conference to Informa

The idea to sell the organization’s flagship show had been discussed internally for “a number of years," said HIMSS CEO Hal Wolf. 

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