Becker's Payer Issues The leading news source for payer: Becker's Payer Issueshttps://www.beckerspayer.com/ Sat, 29 Jul 2023 19:48:26 +0000 Joomla! - Open Source Content Management en-gb Centene could lose its last 4-star Medicare Advantage contract https://www.beckerspayer.com/payer/centene-could-lose-its-last-4-star-medicare-advantage-contract.html https://www.beckerspayer.com/payer/centene-could-lose-its-last-4-star-medicare-advantage-contract.html

Centene could end 2023 with no four-star rated Medicare Advantage contracts, CEO Sarah London told investors on a July 28 call. 

rwilson@beckershealthcare.com (Rylee Wilson) Featured Payer Channels ROOT Fri, 28 Jul 2023 19:47:04 +0000
California to eliminate asset tests for Medicaid https://www.beckerspayer.com/payer/california-to-eliminate-asset-tests-for-medicaid.html https://www.beckerspayer.com/payer/california-to-eliminate-asset-tests-for-medicaid.html

CMS has approved a proposal from California to eliminate asset tests for Medicaid eligibility. 

rwilson@beckershealthcare.com (Rylee Wilson) Featured Payer Channels ROOT Fri, 28 Jul 2023 19:42:44 +0000
Centene loses 263,000 Medicaid members in 1st months of redeterminations https://www.beckerspayer.com/payer/centene-loses-263-000-medicaid-members-in-1st-months-of-redeterminations.html https://www.beckerspayer.com/payer/centene-loses-263-000-medicaid-members-in-1st-months-of-redeterminations.html

Early data from Medicaid redeterminations is in line with Centene's expectations for membership losses, executives told investors. 

rwilson@beckershealthcare.com (Rylee Wilson) Featured Payer Channels ROOT Fri, 28 Jul 2023 19:30:41 +0000
Medicaid disenrollments within expected range, Molina CEO says https://www.beckerspayer.com/payer/medicaid-disenrollments-within-expected-range-molina-ceo-says.html https://www.beckerspayer.com/payer/medicaid-disenrollments-within-expected-range-molina-ceo-says.html

Molina Healthcare's Medicaid membership declined 93,000 in the second quarter, which was well within expectations, CEO Joe Zubretsky said on the company's July 27 earnings call, according to a transcript from Seeking Alpha

acass@beckershealthcare.com (Andrew Cass) Featured Payer Channels ROOT Fri, 28 Jul 2023 18:22:59 +0000
Lawmakers introduce bill incentivizing value-based care in Medicare https://www.beckerspayer.com/policy-updates/lawmakers-introduce-bill-incentivizing-value-based-care-in-medicare.html https://www.beckerspayer.com/policy-updates/lawmakers-introduce-bill-incentivizing-value-based-care-in-medicare.html

Lawmakers are proposing legislation that would extend incentives for value-based care in Medicare. 

rwilson@beckershealthcare.com (Rylee Wilson) Featured Policy Updates Channels ROOT Fri, 28 Jul 2023 17:55:43 +0000
Medicare Advantage in the headlines: 9 recent updates https://www.beckerspayer.com/payer/medicare-advantage-in-the-headlines-9-recent-updates-3.html https://www.beckerspayer.com/payer/medicare-advantage-in-the-headlines-9-recent-updates-3.html

Payers are seeing rising costs in the Medicare Advantage population, and lawmakers are proposing reforms to the program's prior authorization process. 

rwilson@beckershealthcare.com (Rylee Wilson) Featured Payer Channels ROOT Fri, 28 Jul 2023 17:51:40 +0000
Centene posts $1.06B profit in Q2 https://www.beckerspayer.com/payer/centene-posts-1-06b-profit-in-q2.html https://www.beckerspayer.com/payer/centene-posts-1-06b-profit-in-q2.html

Centene recorded $1.06 billion in net income in the second quarter of 2023 after recording a $172 million loss over the same period last year, according to the company's earnings report released July 28.

acass@beckershealthcare.com (Andrew Cass) Featured Payer Channels ROOT Fri, 28 Jul 2023 13:31:03 +0000
Disenrollment pause results in 15,000 additional Medicaid renewals in Michigan https://www.beckerspayer.com/payer/disenrollment-pause-results-in-15-000-additional-medicaid-renewals-in-michigan.html https://www.beckerspayer.com/payer/disenrollment-pause-results-in-15-000-additional-medicaid-renewals-in-michigan.html

Michigan will give Medicaid enrollees an extra month to return enrollment forms before their coverage is terminated through 2024, the state's department of health and human services said July 26. 

rwilson@beckershealthcare.com (Rylee Wilson) Featured Payer Channels ROOT Thu, 27 Jul 2023 21:11:05 +0000
Molina expecting $1.8B in earnings from Bright Health Medicare Advantage deal https://www.beckerspayer.com/m-and-a/molina-expecting-1-8b-in-earnings-from-bright-health-medicare-advantage-deal.html https://www.beckerspayer.com/m-and-a/molina-expecting-1-8b-in-earnings-from-bright-health-medicare-advantage-deal.html

Molina Healthcare is expecting to add $1.8 billion in premium revenue from its acquisition of Bright Healthcare's 125,000-member Medicare Advantage business. 

rwilson@beckershealthcare.com (Rylee Wilson) Featured M&A Channels ROOT Thu, 27 Jul 2023 21:03:37 +0000
Nevada is last state to liquidate Friday Health Plans https://www.beckerspayer.com/payer/nevada-is-last-state-to-liquidate-friday-health-plans.html https://www.beckerspayer.com/payer/nevada-is-last-state-to-liquidate-friday-health-plans.html

Nevada will liquidate Friday Health Plans, making it the last of the seven states to shut down the defunct payer. 

rwilson@beckershealthcare.com (Rylee Wilson) Featured Payer Channels ROOT Thu, 27 Jul 2023 20:40:42 +0000
North Carolina sets Medicaid expansion start date, but funding in limbo https://www.beckerspayer.com/payer/north-carolina-sets-medicaid-expansion-start-date-but-funding-in-limbo.html https://www.beckerspayer.com/payer/north-carolina-sets-medicaid-expansion-start-date-but-funding-in-limbo.html

North Carolina Gov. Roy Cooper's administration has said the state's Medicaid expansion will take effect Oct. 1, but the Legislature has not approved the funding needed to launch the program, Politico reported July 26. 

acass@beckershealthcare.com (Andrew Cass) Featured Payer Channels ROOT Thu, 27 Jul 2023 18:11:51 +0000
'Replacing one public health crisis with another': Have Medicaid redeterminations been a disaster? https://www.beckerspayer.com/payer/replacing-one-public-health-crisis-with-another-have-medicaid-redeterminations-been-a-disaster.html https://www.beckerspayer.com/payer/replacing-one-public-health-crisis-with-another-have-medicaid-redeterminations-been-a-disaster.html < div class = " feed-description " > < p >医疗补助redeterminations have thrown state agencies and millions of vulnerable people into chaos nationwide, a situation being described as an "emerging disaster," according to a July 27 column in the Los Angeles Times by Michael Hiltzik, a Pulitzer prize-winning reporter and writer.

jemerson@beckershealthcare.com (Jakob Emerson) Featured Payer Channels ROOT Thu, 27 Jul 2023 18:08:46 +0000
5 top execs that have recently left Cigna https://www.beckerspayer.com/executive-moves/5-top-execs-that-have-recently-left-cigna.html https://www.beckerspayer.com/executive-moves/5-top-execs-that-have-recently-left-cigna.html

From its top attorney to the president of its PBM, these are five executive departures from the Cigna Group over the last year:

jemerson@beckershealthcare.com (Jakob Emerson) Featured Executive Moves Channels ROOT Thu, 27 Jul 2023 17:18:39 +0000
Centene snags Texas Medicaid contract for aged, blind, disabled population https://www.beckerspayer.com/contracting/centene-snags-texas-medicaid-contract-for-aged-blind-disabled-population.html https://www.beckerspayer.com/contracting/centene-snags-texas-medicaid-contract-for-aged-blind-disabled-population.html

Centene subsidiary Superior HealthPlan was awarded a new six-year contract to administer Texas' Medicaid coverage for the aged, blind and disabled population. 

rwilson@beckershealthcare.com (Rylee Wilson) Featured Contracting Channels ROOT Thu, 27 Jul 2023 16:54:04 +0000
Molina Healthcare posts 25% net income growth in Q2 https://www.beckerspayer.com/payer/molina-healthcare-posts-25-net-income-growth-in-q2.html https://www.beckerspayer.com/payer/molina-healthcare-posts-25-net-income-growth-in-q2.html

Molina Healthcare reported $309 million in net income in the second quarter of 2023, up 24.6 percent from the same time period last year, according to the company's earnings report published July 26. 

rwilson@beckershealthcare.com (Rylee Wilson) Featured Payer Channels ROOT Thu, 27 Jul 2023 16:52:25 +0000
Intermountain's Select Health names market president for Utah, Idaho https://www.beckerspayer.com/executive-moves/intermountains-select-health-names-market-president-for-utah-idaho.html https://www.beckerspayer.com/executive-moves/intermountains-select-health-names-market-president-for-utah-idaho.html

Select Health, the nonprofit insurance arm of Salt Lake City-based Intermountain Health, has named Sean Dunroe as market president of the company's Canyons Region, which includes Utah and Idaho.

jemerson@beckershealthcare.com (Jakob Emerson) Featured Executive Moves Channels ROOT Thu, 27 Jul 2023 15:16:11 +0000
12 states providing health coverage to noncitizen immigrants https://www.beckerspayer.com/payer/12-states-providing-health-coverage-to-noncitizen-immigrants.html https://www.beckerspayer.com/payer/12-states-providing-health-coverage-to-noncitizen-immigrants.html

Several states have expanded Medicaid or other state-funded coverage options to noncitizens, according to an analysis from KFF published July 26. 

rwilson@beckershealthcare.com (Rylee Wilson) Featured Payer Channels ROOT Thu, 27 Jul 2023 14:48:34 +0000
Cigna hits back on ProPublica report 'riddled with factual errors' https://www.beckerspayer.com/payer/cigna-hits-back-on-claims-review-report-from-propublica.html https://www.beckerspayer.com/payer/cigna-hits-back-on-claims-review-report-from-propublica.html

Cigna Healthcare is pushing back on reporting from ProPublica and a lawsuit in California that accuse the payer of denying large batches of members' claims without individual review, thereby denying them coverage for certain services.

jemerson@beckershealthcare.com (Jakob Emerson) Featured Payer Channels ROOT Thu, 27 Jul 2023 14:34:24 +0000
Dr. Wyatt Decker's path to chief physician at UnitedHealth Group https://www.beckerspayer.com/leadership/dr-wyatt-deckers-path-to-chief-physician-at-unitedhealth-group.html https://www.beckerspayer.com/leadership/dr-wyatt-deckers-path-to-chief-physician-at-unitedhealth-group.html

From a long tenure at Rochester, Minn.-based Mayo Clinic to spending more than four years as the CEO of Optum Health, here is the career background of Wyatt Decker, MD, UnitedHealth Group's new chief physician of value-based care, according to UnitedHealth Group's website and his LinkedIn page:  

acass@beckershealthcare.com (Andrew Cass) Featured 领导 Channels ROOT Thu, 27 Jul 2023 14:08:08 +0000
Payers ranked by Medicare Part D market share https://www.beckerspayer.com/payer/payers-ranked-by-medicare-part-d-market-share.html https://www.beckerspayer.com/payer/payers-ranked-by-medicare-part-d-market-share.html

UnitedHealthcare controls almost 25 percent of the Medicare Part D plan market, according to an analysis from KFF. 

rwilson@beckershealthcare.com (Rylee Wilson) Featured Payer Channels ROOT Wed, 26 Jul 2023 22:01:44 +0000