Wednesday, August 2, 2023: Providers

CVS Health is cutting approximately 5,000 jobs to save on costs amid its ongoing push into health care delivery. The layoffs will primarily affect corporate positions, and those affected will receive severance pay and benefits, including outplacement services. It does...

Wednesday, August 2, 2023: Payers

AmeriHealth Caritas announced that it would honor the payments already made toward 2023 plan year deductibles and out-of-pocket caps by former Friday Health Plans members who join AmeriHealth Caritas Next in North Carolina during a special open enrollment period...

Tuesday, August 1, 2023: Providers

CMS announced a final rule that will increase payments to skilled nursing facilities by 4 percent, or $1.4 billion, starting in fiscal year 2024. The payment bump will, in part, make up for a $2.2 billion underpayment to the facilities as a result of the Patient...

Tuesday, August 1, 2023: Payers

Elevance Health, formerly Anthem, is updating the branding for its Amerigroup segment to Wellpoint in a bid to better align the government insurance business with its push toward whole health. The rebrand will roll out in January 2024, pending regulatory approvals, in...