Jeff Lagasse
This will reach about 1.6 million Medicare-eligible adults, pending regulatory approvals, companies say.
While profit decreased year-over-year, overall revenue climbed, due to higher premium revenue and growth at CarelonRx.
HHS wants to ensure affordable access for beneficiaries in public programs such as Medicare and Medicaid, and for the uninsured.
Senior VP of corporate finance Tom Cowhey has been appointed interim CFO in Shawn Guertin's absence.
The combined organization would operate 19 hospitals and 130 outpatient locations with nearly 14,000 team members, organizations say.
Thirty-nine percent of the announced transactions in Q3 were spurred at least in part to financial distress, Kaufman Hall finds.
The State of California identified several violations in the plan's provision of behavioral healthcare services to enrollees.
These hospitals had an average operating margin of -8.6%, compared with -1.4% for all other hospitals, based on Medicare cost report data.
Optum growth led the way, with the subsidiary's revenues growing 22% year-over-year to $56.7 billion.
The average total cost of a cyberattack was $4.99 million, a 13% increase from the previous year, new survey finds.