Friday, August 4, 2023

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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Thursday, August 3, 2023

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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Wednesday, August 2, 2023

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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