by Jordana Choucair | Nov 9, 2022 | Payers
Oscar Health CEO Mario Schlosser told investors on Tuesday that the insuretech company has effectively abandoned Medicare Advantage (MA) after attracting few policyholders during its four years in the market. Oscar Health offered MA plans in New York and Texas this...
by Jordana Choucair | Nov 9, 2022 | Providers
The Kaiser Family Foundation (KFF) last week released an analysis revealing that half of U.S. hospitals spent 1.4 percent or less of their total operating expenses on charity care. The portion of spending “varied substantially” across the hospitals: 8 percent of...
by Jordana Choucair | Nov 8, 2022 | M&A
A new Health Affairs study found that more health systems are targeting to acquire hospitals outside of their existing geographic regions. The researchers found that 55 percent of the 1,500 hospitals targeted for a merger or acquisition between 2019 or 2019 were...
by Jordana Choucair | Nov 8, 2022 | Payers
The number of older adults enrolled in Medicare Advantage (MA) plans has more than doubled over the last decade to 28 million individuals in 2022, representing 45 percent of all eligible enrollees. By 2025, more than half of all eligible beneficiaries are expected to...
by Jordana Choucair | Nov 8, 2022 | Transition to Value
The Centers for Medicare & Medicaid Services (CMS) Innovation Center released a strategy to test models and innovations that support access to high-quality, integrated specialty care across the patient journey. The strategy is comprised of key learnings and...
by Jordana Choucair | Nov 7, 2022 | M&A
Walgreens Boots Alliance Inc. subsidiary VillageMD is nearing a deal to combine with Summit Health in a deal worth roughly $9 billion including debt. Summit Health owns CityMD, which operates a chain of medical clinics in over 370 locations in the U.S. and has over...
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