The Centers for Medicare and Medicaid Services is terminating the Medicare Advantage Value-Based Insurance Design (VBID) model at the end of 2025 due to what it called the model’s “substantial and unmitigable costs to the Medicare Trust Funds.”
A grand jury in New York has indicted Luigi Mangione on charges of first degree murder, in furtherance of terrorism, in the fatal shooting of UnitedHealthcare CEO Brian Thompson. Manhattan District Attorney Alvin L. Bragg Jr. said Mangione faces a maximum penalty of life in prison without parole.
The past couple of years have seen the sharp ascendancy of Medicare Advantage to now include more than half of all beneficiaries with Medicare coverage. The alternative to the traditional fee-for-service Medicare has proven popular with consumers due to lower out-of-pocket costs and its additional benefits, such as prescription drug, vision and dental coverage. But […]
Healthcare spending is higher than before the pandemic and is being driven by increases in insurance coverage and utilization, according to new analysis released Wednesday by the Office of the Actuary at the Centers for Medicare and Medicaid Services and published by Health Affairs.
Ten startups participated in a “pitch fest” in which mDETECT Inc. took first place for its development of a highly specialized blood test using DNA sequencing to detect cancer progression, says Josh Di Frances, VP and head of incubation at LG NOVA.
The Nebraska Attorney General has filed a lawsuit against UnitedHealth Group and its subsidiaries Change Healthcare and Optum, claiming the companies violated state laws on consumer protection after a massive ransomware attack in February exposed personal health information a
The future of telehealth and acute hospital care at home hangs on a spending bill that must be approved by the end of this week. Three big provisions in the spending bill need to pass for providers to continue to use flexibilities first made available under the COVID-19 public health emergency. Only legislation can continue […]
During its Investor Day last week, Centene released its earnings guidance and projected between $166.5 billion and $169.5 billion in revenue for 2025, representing slight growth year-over-year.
Texas Attorney General Ken Paxton has sued a New York doctor for providing abortion-inducing drugs to Texas residents in violation of that state’s law.
As soon as the new year begins, Medicare Advantage plans need to implement strategies to improve measures to reach their star ratings goals, says Cindy Henry, director of Population Health Informatics at ZeOmega.