Accounting & Financial Management
TEAM should not be mandatory, as it puts at risk smaller hospitals unable to support the investment needed, AHA says.
That translates to an increase in payments of $1.16 billion compared to this year.
Aetna saw its medical benefits ratio increase months after CVS announced it would exit the ACA individual market due to struggling performance.
Cigna says it’s also “leaning in” to an arrangement with the government to reduce prior authorization.
The company updated full-year revenue expectations to at least $128 billion, a $2 billion increase over its prior projection.
Company's current view for 2025 reflects $6.5B more in medical costs than anticipated in its initial outlook.
While revenue is up, profit was just $3.4 billion in the quarter, while Optum was $6.6 billion below earnings expectations.
Tom Lawry, managing director of Second Century Tech, said achieving ROI at scale with artificial intelligence requires viewing it not as a technology strategy, but as an empowerment strategy.
Shares of the company lost about 10% in early premarket trading on Friday, with Centene citing higher marketplace costs.
The deal spans 13 states and includes certain patient service centers and in-office phlebotomy locations.