Revenue Cycle and Payer News 10-26-2021
Collaboration News:
Northwell Health System and UnitedHealthcare Renew Network Relationship
Northwell Health System and UnitedHealthcare (@uhc) announced they have reached an agreement that enables both organizations to continue to work collaboratively on a number of key areas of opportunity over the next five years. Northwell has agreed that its full continuum of services will continue to be available to current and future UnitedHealthcare members enrolled in employer-sponsored, individual and Medicare Advantage plans.
Cigna and Mary Washington Health Alliance Reach Agreement
Cigna (@cigna) and Mary Washington Health Alliance have reached a multi-year agreement that ensures Cigna customers will have access to Mary Washington’s hospitals, facilities and physician network for quality care. The new agreement is effective December 1, 2021.
Oscar Partners with Colorado Health Systems to Offer Affordable Health Insurance and Care
Oscar Health, Inc. (@OscarHealth), the first health insurance company built on a full stack technology platform, announced partnerships with three Colorado health systems: UCHealth, University of Colorado Medicine, and Children’s Hospital Colorado. The anticipated goal of these partnerships is to offer Oscar Individual and Family health insurance plans across Colorado beginning 2022, pending regulatory approval. Plans will be available this Open Enrollment period, beginning November 1, 2021.
Financial News:
Anthem Reports Third Quarter 2021 Results, Raises Full Year Outlook
Anthem, Inc. (@AnthemInc) reported third quarter 2021 results reflecting strong financial performance.
CVS Health announces quarterly dividend
CVS Health (@cvshealth) announced that its board of directors has approved a quarterly dividend of fifty cents ($0.50) per share on the Common Stock of the Corporation. The dividend is payable on November 1, 2021, to holders of record on October 22, 2021.
Company News:
Insurtech Leader Announces Employer-Paid Insurance Featuring Virtual Primary Health Care, Dental Coverage for Hospitality Employees
Insurance Applications Group, Inc. (IAG), an Insurtech company specializing in proprietary employee benefit products and administrative technologies for the hotel, restaurant, temporary employment, and other high-turnover industries announced the launch of HospitalityCARE VPC (Virtual Primary Care), an employer-paid health care service and insurance bundle that couples PlushCare, a primary care telemedicine platform, with medical and dental insurance benefits for the hospitality industry.
UnitedHealthcare to Launch New Virtual-First Health Plan to Help People Access a Dedicated Care Team 24/7 and Obtain Quality Care at a Lower Cost
UnitedHealthcare announced the launch of NavigateNOW, a virtual-first health plan that offers an integrated approach to provide care both virtually and in-person. Through this new health plan, eligible UnitedHealthcare members will be able to receive various types of care, including wellness, routine, chronic condition management, urgent and behavioral health services, wherever they are.
Anthem Inc. Announces Changes to Leadership Team
Anthem, Inc. announced organizational changes to the senior leadership team reflecting the company’s continued positioning for future growth and preparing to meet the evolving needs of the industry, its consumers and the communities they serve.
CVS Health names Dr. Joneigh S. Khaldun as Vice President and Chief Health Equity Officer
CVS Health announced that Joneigh Khaldun, M.D., MPH, FACEP has joined the company as Vice President and Chief Health Equity Officer. She will report to Kyu Rhee, M.D., MPP, Senior Vice President and Aetna Chief Medical Officer.
Blue Cross® and Blue Shield® Federal Employee Program® (FEP®) Introduces Enhanced Hypertension and Pregnancy Programs, Dental and Vision Benefits and New International Travel Insurance
The Blue Cross® and Blue Shield® (@BCBSAssociation) Government-wide Service Benefit Plan, also known as the Federal Employee Program® (FEP®), announced 2022 benefits available to eligible participants in the Federal Employees Health Benefits (FEHB) Program and the Federal Employees Dental and Vision Insurance Program (FEDVIP). Among the changes include enhanced hypertension management and pregnancy care incentive programs, dental and vision benefits for children and the addition of a discounted supplemental international travel insurance through GeoBlue®.
Humana Expanding Medicare Advantage Health Plans in 2022 to Address Beneficiaries’ Most Important Needs, Delivering Predictable, Affordable and Understandable Health Care
Humana, (@Humana) announced details of its 2022 Medicare product offerings, including many Medicare Advantage and Prescription Drug Plans that are built to address the needs of diverse populations and people eligible for Medicare who are challenged by critical social determinants of health – such as food security and access to transportation for medical services. Beneficiaries will have new choices through the launch of 72 new plans – 42 Non-SNP MAPD, 3 MA Only, and 27 Special Needs Plans across hundreds of additional U.S. counties.
Upcoming Events:
2021 Consumer Experience & Digital Health Forum Online (@ahipcoverage)
What: Consumer Experience & Digital Health Forum
When: December 7 – 9, 2021
Where: Virtual
2021 Consumer Experience & Digital Health Forum – Experience a dynamic, results-focused program powered by the innovators, visionaries, and forward-thinkers who are changing how health care works. AHIP’s Virtual Consumer Experience & Digital Health Forum is will offer industry perspectives on health IT advancements and how digital health technology is improving health equity, data exchange, interoperability, consumer experience, and patient care. Hear how leading organizations are implementing digital and telehealth solutions, explore case studies and lessons learned, and gather best practices to take back to your organization.
AHIP 2022 (@ahipcoverage)
What: AHIP 2022. (Formerly AHIP Institute & Expo)
When: June 21 – 23, 2022
Where: Las Vegas, NV
AHIP 2022 – What’s next for your members and the communities you serve? Find it at AHIP 2022. (Formerly AHIP Institute & Expo.) Health care’s essential event has a new name that prioritizes what’s next right now, building on AHIP’s decades-long heritage of bringing together the people, ideas, and solutions guiding greater health.
