Accounting & Financial Management
For 2023, Centene logged $2.7 billion in profit and $154 billion in revenue, both year-over-year improvements.
Cano Health has received a commitment for $150 million in financing.
The baby boomer population, which has driven the growth of MA, is reaching its peak potential of profitability.
The only negative trend was a dramatic increase in the use of the Independent Dispute Resolution process.
A significant spike in utilization is putting cost pressure on insurers, which will likely affect earnings.
Q4 net income attributable to HCA Healthcare was $1.607 billion compared to $2.081 billion during the same quarter in 2022.
CMMI has released the Enhancing Oncology Model as a payment pilot around care for seven types of cancers, says Jennifer Goldsack, CEO of the Digital Medicine Society (DiMe).
Humana's stock dipped following the earnings report, prompting the organization to cut its earnings guidance for this year and next.
Decision is forced by ongoing financial challenges with Saltzer "optimistic" a buyer can be found.
The firm says hospitals must reinvest in strategic growth to stay on track financially in 2024.