Delta surge weighs on Molina’s Q3 earnings, but membership up 20%
Despite pandemic pressure, the insurer largely beat Wall Street expectations, and Jefferies analysts said the company delivered “solid overall results.”
Merck agrees to license COVID-19 pill widely through pact with patent group
The deal with the Medicines Patent Pool is meant to increase access in lower-income countries to molnupiravir, an experimental drug that could become the first oral treatment for COVID-19.
A look at Teladoc’s primary care strategy from its head of US group health
In an interview, Kelly Bliss teased upcoming clients for a new virtual-first primary care product and parsed out Teladoc’s growth strategies for 2022 and beyond.
Regulatory burdens strapped medical practices over the past year, MGMA finds
Prior authorization requirements were the most frequently cited hurdle, while requirements for Medicare’s Quality Payment Program and COVID-19 workplace mandates tied for second, a survey by the medical practices group found.
FDA advisers support using Pfizer’s coronavirus vaccine in young children
The expert panel pressed Pfizer and the FDA on the shot’s safety, but ultimately were convinced by the potential for significant benefit in 5- to 11-year-olds.
LifePoint, Kindred spinning off new 79-hospital entity at acquisition’s close
The deal announced earlier this year would have left LifePoint with some 200 acute, long-term and rehab hospitals, but the private-equity backed companies are electing to spin a number of facilities off into a separate business.
GE Healthcare supply chain woes: Like ‘Whac-A-Mole,’ to last into 2022
“I’m not sure we’re yet in a place where we would say that things are stable,” GE CEO Larry Culp told investors Tuesday. The healthcare unit took the biggest hit among the conglomerate’s business lines due to delays.
Cigna expands telehealth benefits for employer-covered lives, including new virtual-first plan
The virtual-first plans will initially be available to large, self-insured employers, though the insurer is looking to expand to smaller sized and fully insured clients over time.
UHS profit down in Q3 as behavioral health segment struggles
The chain posted higher acute care revenues that helped offset lower volumes at its behavioral health facilities during the third quarter, though labor shortages remain a key challenge.
Centene looks to sell non-core assets, bounces back from Q2 loss
The insurer rebounded in the third quarter as patient utilization returned to more normal levels and revenue increased 11% year over year.