Month: September 2022
In a recent report, analysts at management consulting firm McKinsey have outlined the risks inflation poses to the insurance industry, noting how US P&C insurers can build resilience against it. The report writes that the insurance industry faced profitability challenges even before the pandemic, and the sudden unexpected spike in inflation has only added to ...
CVS Health has acquired Signify Health, besting Amazon, UnitedHealth Group and others in acquiring the home health platform. CVS has entered a definitive agreement to acquire Signify Health for $30.50 per share in cash, representing a total transaction value of approximately $8 billion, CVS announced on Monday. Signify was reportedly for sale by auction, with board members holding a meeting on ...
The Biden administration needs to back off a massive overhaul to risk adjustment audits for Medicare Advantage (MA) plans, according to insurers that say the proposal unfairly targets prior audits dating back a decade. Insurer advocacy groups and providers submitted comments to a request for information on how to improve the MA program. Insurers turned ...
In order to stay in sync with the latest Centers for Disease Control and Prevention (CDC) recommendations, it’s time to say bye, bye, bye to the original Covid-19 mRNA booster vaccines. Or perhaps bivalent, bivalent, bivalent. Going forward, bivalent versions of the Pfizer/BioNTech and Moderna Covid-19 mRNA boosters are what’s going to be available, replacing ...
World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus said on Friday that the recent decline in monkeypox cases that has been observed in North America and Europe is evidence that the current outbreak can be stopped or eliminated outright. Tedros made note of how monkeypox has quickly grown in prominence from being a little-known virus that was ...
Nevada has the highest percentage of one-star acute-care hospitals of any state, the lowest rating given by the Centers for Medicare & Medicaid Services.
Confirmed cases of once-rare monkeypox rose by one-third over the past week in Clark County, according to data released Wednesday by the Southern Nevada Health District, an increase a district official described as concerning.
The Biden administration proposed new regulations aimed at overhauling the application and renewal processes for Medicaid and other government programs, including ensuring a beneficiary’s returned mail doesn’t automatically lead to coverage denials. The Centers for Medicare & Medicaid Services (CMS) released a proposed rule that makes changes to the enrollment process for Medicaid, Children’s Health Insurance Program ...