Revenue Cycle and Payer News 11-23-2021
Collaboration News:
CVS Health partners with disability community in commitment to affordable and equitable access to health care
CVS Health (@cvshealth), the American Association of People with Disabilities, the Bazelon Center for Mental Health Law, the Disability Rights Education and Defense Fund, and the National Council on Independent Living announced that they are working together to seek policy solutions to protect equitable access to health care for all Americans and continue to protect the fundamental rights of people with disabilities.
Financial News:
Anthem, Inc. to acquire Integra Managed Care
Anthem, Inc. (@AnthemInc) announced that the company has entered into an agreement to acquire Integra Managed Care, a Managed Long-Term Care Plan in New York that helps adults with long term care needs and disabilities live safely and independently in their own home.
Humana Reports Third Quarter 2021 Financial Results; Revises Full Year 2021 EPS Financial Guidance
Humana Inc. (@Humana) reported consolidated pretax income and diluted earnings per common share for the quarter ended September 30, 2021 (3Q21) versus the quarter ended September 30, 2020 (3Q20) and for the nine months ended September 30, 2021 (YTD 2021) versus the nine months ended September 30, 2020 (YTD 2020) as noted in the tables below.
UnitedHealth Group Board Authorizes Payment of Quarterly Dividend
The UnitedHealth Group board of directors has authorized payment of a cash dividend of $1.45 per share, to be paid on December 14, 2021, to all shareholders of record of UnitedHealth Group common stock as of the close of business on December 6, 2021.
CareSource Acquires Leading Provider of Services for Complex Populations
CareSource (@caresource), a nationally recognized nonprofit managed care organization, has acquired The Columbus Organization, a leading provider of services for individuals with intellectual/developmental disabilities (IDD) and behavioral health challenges.
Cigna Reports Third Quarter 2021 Results, Raises 2021 Outlook
Global health services company Cigna Corporation (@Cigna) reported third quarter 2021 results with strong revenue and earnings growth across its businesses.
Company News:
A Record Number of Americans Surveyed Say They Are Prepared to Select a Health Plan During Open Enrollment
Most Americans said they are prepared to select a health plan during this year’s open enrollment season, while the COVID-19 pandemic continues to spur interest in virtual care for medical services and digital fitness apps to help people pursue at-home fitness routines. These are some of the findings from the sixth-annual UnitedHealthcare (@uhc) Consumer Sentiment Survey, which examines Americans’ opinions about various areas of health care, including open enrollment, technology trends, wellness programs and health plan preferences
Americans can now access the Aetna CVS Health™ plan through Affordable Care Act (ACA) open enrollment
CVS Health announced that Aetna CVS Health individual and family plans are now available at aetnacvshealth.com during the Affordable Care Act (ACA) Open Enrollment period from November 1, 2021 until January 15, 2022.
Blue Cross Blue Shield Association Board of Directors Elects Blue Cross and Blue Shield of Alabama President and Chief Executive Officer Tim Vines as Chair
The Blue Cross Blue Shield Association (@BCBSAssociation) announced that Tim Vines, president and chief executive officer of Blue Cross and Blue Shield of Alabama, has been elected chair of the BCBSA Board of Directors.
Today, @BCBSofAlabama CEO Tim Vines was elected chair of the Blue Cross Blue Shield Association Board of Directors. As chair, he’ll lead BCBSA’s governing body, which provides strategic guidance and oversight for the Association. Read more: https://t.co/QiogxWA6Kn pic.twitter.com/8NcUPYSRYV
— Blue Cross Blue Shield Association (@BCBSAssociation) November 17, 2021
New Report Finds Value-Based Care Agreements Benefited Humana Medicare Advantage Members with Reduced Hospitalizations, More Preventive Care During COVID-19 Pandemic
Humana Inc. published its eighth annual Value-based Care (VBC) Report, showing that Humana individual Medicare Advantage (MA) beneficiaries receiving care from primary care physicians in value-based payment models experienced, on average, better health outcomes, lower costs and more preventive care, compared to non-value based models.
Cigna Makes On-Demand Virtual Care Easier and More Convenient Through Expanded MDLIVE Services
Cigna Health Plan announced it is significantly expanding access to covered virtual care services for millions of customers. The expansion demonstrates the increased pace of innovation that is an early result of the acquisition of MDLIVE by Evernorth, Cigna’s health services business.
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.
