Accounting & Financial Management
UnitedHealth Group's other core segment, UnitedHealthcare, saw revenues grow 13% to $70.5 billion.
An Independent Special Committee will review options, ranging from potential sale to recapitalization or partnerships.
The company pledges more transparency around its PBM business, run through the Evernorth subsidiary.
There is "inbound interest" in the California MA business, which is strong and serving 125,000 seniors, says board of directors.
Medicaid contracts also grew earnings for the business, which no longer includes employer group commercial medical.
WellCare will return to its roots serving lower income, diverse and complex seniors, which is the fastest-growing subsegment of MA, CEO says.
HIMSS23
<p>VP of operations David Murtagh, at MultiPlan, which cofounded the Synaptic Health Alliance with United Healthcare, Humana and others, will speak at HIMSS23 about emerging use cases for distributed ledger technology for payers and providers.</p>
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A full three-quarters of hospitals examined by the Lown Institute failed to meet their expected community investments.
The high performance was due in large part to the white-hot pace of investment at the start of the year.
It also includes proposals for the SNF Quality Reporting Program and the SNF Value-Based Purchasing Program.