Business Intelligence
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.
A Kaiser health plan did not make the 5-star list for 2024, but two plans by lesser known Devoted Health did.
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.
The retail store and pharmacy will continue operations, but will close underperforming stores, company says.
Thirty-nine percent of the announced transactions in Q3 were spurred at least in part to financial distress, Kaufman Hall finds.
The value-based network will enable rural hospitals to meet the increasing challenges of delivering healthcare.
Financial challenges in the coming year include lower volumes of COVID-19 vaccinations and testing, company says.
Optum growth led the way, with the subsidiary's revenues growing 22% year-over-year to $56.7 billion.