Accounting & Financial Management
For 2023, Centene logged $2.7 billion in profit and $154 billion in revenue, both year-over-year improvements.
Cano Health has received a commitment for $150 million in financing.
The baby boomer population, which has driven the growth of MA, is reaching its peak potential of profitability.
The only negative trend was a dramatic increase in the use of the Independent Dispute Resolution process.
A significant spike in utilization is putting cost pressure on insurers, which will likely affect earnings.
Q4 net income attributable to HCA Healthcare was $1.607 billion compared to $2.081 billion during the same quarter in 2022.
<p>CMMI has released the Enhancing Oncology Model as a payment pilot around care for seven types of cancers, says Jennifer Goldsack, CEO of the Digital Medicine Society (DiMe).</p>
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Humana's stock dipped following the earnings report, prompting the organization to cut its earnings guidance for this year and next.
Decision is forced by ongoing financial challenges with Saltzer "optimistic" a buyer can be found.
The firm says hospitals must reinvest in strategic growth to stay on track financially in 2024.