Accounting & Financial Management
Cigna rakes in $48.6 billion in revenues, while Evernorth Health Services sees 10% growth during a stronger-than-expected quarter.
Earnings reached $956 million, revenues came in at $26.7 billion and the insurer expects continued growth in MA and Medicaid.
Long-term care hospitals cannot afford to absorb losses in outlier threshold calculation, says AHA.
The restructuring plan includes the layoff of 5,000 employees in non-customer-facing roles.
CMS estimates the rule would result in a net increase of 4%, or about $1.4 billion, in Medicare Part A payments.
An internal investigation finds the private information of approximately 11 million patients was compromised.
President and CFO Kevin Hammons says the company is continuing to gauge interest from outside parties related to future divestitures.
Revenues hit $43.7 billion, an increase from Q2 2022's $38.6 billion.
AMGA and the AHA said the proposed cuts would hinder the ability of multispecialty medical groups to provide high-quality care to their patients.
That strong showing by the subsidiary helped UHG realize Q2 revenues that were 16% higher than the year previous, at $92.9 billion.