Humana inks minority investment in Medicare choice tool Healthpilot
The company uses AI to recommend Medicare Advantage, Medicare supplement and prescription drug plans based on enrollees’ healthcare preferences and needs.
Providence names new CEO
Erik Wexler, currently the health system’s COO, will step into the CEO role on Jan. 1.
Elevance hits $2.3B in profit but trims long-term guidance
Elevance beat Wall Street expectations in second-quarter results posted Wednesday, despite steep Medicaid membership losses that are affecting revenue forecasts.
Steward executives cashed in prior to bankruptcy filing
Fourteen executives received over $1 million in total compensation the year before Steward entered Chapter 11 restructuring, bankruptcy documents show.
Judge dismisses Medicaid fraud suit against Centene’s board
A Pennsylvania pension fund had argued Centene board members failed in their oversight responsibilities and ignored red flags about a Medicaid overbilling scheme.
ONC proposed rule targets interoperability for public health, payers
The sweeping rule includes provisions to improve public health data sharing — a serious pain point during the COVID-19 pandemic — as well as to boost security in health records and speed prior authorization.
UnitedHealth’s cyberattack response costs to surpass $2.3B this year
The healthcare giant’s new estimate is roughly $1 billion higher than previous forecasts as the cyberattack on subsidiary Change Healthcare continues to hamper its profit outlook.
Sanford Health and Marshfield Clinic in talks to merge
The Midwestern health systems are not strangers to the bargaining table, having both pursued mergers in the past year. However, this time they hope to get a deal done.
Senators introduce bipartisan healthcare cybersecurity legislation
The bill would create a special liaison within the Cybersecurity and Infrastructure Security Agency to the HHS that could help coordinate responses during cyber incidents.