Thursday, November 10, 2022: Payers

Bright Health Group announced it will end Medicare Advantage (MA) and Affordable Care Act (ACA) operations in all states except California for 2023. In October, the insurtech announced it would exit the ACA exchange business to focus next year solely on its MA...

Wednesday, November 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...

Wednesday, November 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...

Tuesday, November 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...