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.

from Section Page News - Modern Healthcare https://ift.tt/mGO4ZEu

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. 

from Section Page News - Modern Healthcare https://ift.tt/r2ncSiu

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.

from Section Page News - Modern Healthcare https://ift.tt/A352P94

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.

from Section Page News - Modern Healthcare https://ift.tt/TF2bK9e

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. 

from Section Page News - Modern Healthcare https://ift.tt/ZynWFO7

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.

from Section Page News - Modern Healthcare https://ift.tt/fWpFHgh

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. 

from Section Page News - Modern Healthcare https://ift.tt/a4vlCtx

Medicare Advantage growth boosts Humana Q2 profitsMedicare Advantage growth boosts Humana Q2 profitsMedicare Advantage growth boosts Humana Q2 profits

Medicare Advantage growth boosts Humana Q2 profits

Executives said Medicare Advantage utilization rates are beginning to stabilize in the outpatient setting.

from Section Page News - Modern Healthcare https://ift.tt/mUhp324

Prices increase at independent hospitals post-acquisition, research showsPrices increase at independent hospitals post-acquisition, research showsPrices increase at independent hospitals post-acquisition, research shows

Prices increase at independent hospitals post-acquisition, research shows

Average inpatient prices for commercially insured patients rose 5% after health systems acquired an independent hospital, according to the analysis.

from Section Page News - Modern Healthcare https://ift.tt/XCiecUk

CMS sets pay hikes for inpatient, long-term care hospitalsCMS sets pay hikes for inpatient, long-term care hospitalsCMS sets pay hikes for inpatient, long-term care hospitals

CMS sets pay hikes for inpatient, long-term care hospitals

The Centers for Medicare and Medicaid Services also updated the hospital quality reporting program and outlined new health equity initiatives.

from Section Page News - Modern Healthcare https://ift.tt/8Ee40XK