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Due to what it called unprecedented net operating losses, Providence, the not-for-profit Catholic health system serving seven states in the western U.S., is grouping its existing seven regional senior leadership teams into three divisional teams. The new operating model calls for a leaner executive team, according to Providence, which did not specify the number of […]

Elevance Health, formerly known as Anthem, logged a $1.7 billion profit during the second quarter of this year, and while that’s down almost 8% compared to Q2 2021, revenues for the quarter were up, which the company attributes to increased enrollment. Overall, Elevance beat industry expectations with double-digit growth in revenue, operating earnings, and adjusted […]

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