Accredo to make Stelara biosimilar available at $0 out-of-pocket
Evernorth’s Accredo specialty pharmacy will offer biosimilars for the popular immunotherapy Stelara at $0 for eligible patients, the company announced...
Mounting insurance expenses drag UPMC to $313M H1 operating loss
Pittsburgh-based UPMC’s operations are $313 million in the red (-2.2% operating margin) halfway through 2024, the integrated nonprofit system reported...
CMS commits $100M to support ACA navigators
With open enrollment on the Affordable Care Act exchanges just a few months away, the feds are investing $100 million...
Here’s how much Kaiser’s Risant is investing in Cone Health
Kaiser Permanente’s recently filed midyear financial statements have new information on its plans to bring North Carolina’s Cone Health under...
Evolent Health considers a sale to PE, stock price leaps
Evolent Health, a company that offers software solutions to help providers and insurers transition to value-based care, is reportedly in talks...
Updates on Florida, PA, MA hospitals
A Thursday afternoon sale hearing scheduled for several Steward Health Care hospitals was shelved in favor of an amended bankruptcy...
Kaiser Permanente’s operating margin rises to 3.1% in Q2
Kaiser Permanente wrapped up a strong first half of 2024 with a solid quarter, reporting $908 million of operating income...
Medicaid, MA headwinds pressure payers in Q2
Medicare Advantage (MA) and Medicaid woes continued to plague some major payers in the second quarter, with UnitedHealth Group regaining...
NAACOS worries new ACO REACH changes could force exits
The Centers for Medicare & Medicaid Services (CMS) quietly released changes to the ACO REACH Model, prompting one industry group...
Steward Health Care plans to close 2 Massachusetts hospitals
Bankrupt Steward Health Care plans to close two of its eight Massachusetts hospitals, Carney Hospital and Nashoba Valley Medical Center,...