News
In a turnaround from earlier this year when it requested rate increases of more than 59 percent for some policy holders, Blue Shield of California announced yesterday it would limit its net income to no more than 2 percent of revenue.
Illinois Department of Healthcare and Family Services (HFS) has realized $262 million in net savings during the fourth year of Your Healthcare Plus, a care management program administered by McKesson.
Seventy-six percent of Fortune 50 companies are either in the health industry or have health divisions, according to a new survey.
Value-based insurance design (VBID), conceived by a multi-disciplinary faculty team at the university of Michigan, works on the premise of aligning patients' out-of-pocket costs with the value of health services. As applied to benefit plan design, VBID recognizes that different health services have different levels of value.
The Cleveland Clinic will close East Cleveland's Huron Hospital within 90 days because of a decline in patients and the expense of maintaining one of the city's oldest healthcare facilities.
ikaSystems, a provider of cloud computing technology for the payer market, and NASCO, which specializes in IT tools to support Blue Cross and Blue Shield Plans, have partnered to bring faster, more efficient and accurate Medicare processes to NASCO Plan customers.
Middle-income Americans nearing retirement are most concerned about rising healthcare costs during their retirement years, according to a study by the Bankers Life and Casualty Center for a Secure Retirement.
Atlanta-based Gentiva Health Services, one of the country's largest providers of home health services, has agreed to pay $12.5 million to settle claims that it fraudulently billed Medicare for costs related to company sales efforts, announced the U.S. Attorney's office in Brooklyn.
Thomson Reuters plans to sell off its healthcare division, the company announced Monday.
Roy K. Malkin, president and chief executive officer of Minneapolis-based medical devices company, Minntech Corporation, was injured in a plane crash Saturday evening.