If the business model for the health insurance industry has to change, so should its leadership. That's the strategy that WellPoint is taking by tapping a hospital executive as its new CEO. FULL STORY »
Trinity Health President and CEO Joseph Swedish was named to succeed Angela Braly at the helm of WellPoint, one of the nation's largest health insurers, effective March 25. FULL STORY »
WellPoint's fourth-quarter earnings jumped 38% compared to the final quarter of 2011, when the nation's second largest health insurer incurred a big hit from its Medicare Advantage business. FULL STORY »
The government's ongoing probe of hospitals and physicians overbilling Medicare for the breast-cancer drug Herceptin found errors in more than three-quarters of all claims that it audited. FULL STORY »
WellPoint has completed its acquisition of Amerigroup Corp., WellPoint announced. Amerigroup will operate as a wholly owned subsidiary within WellPoint. FULL STORY »
The total dollar value of healthcare deals fell sharply in the third quarter of this year, despite a surge in the value of deals in the insurer segment of the industry. FULL STORY »
The Justice Department gave the go-ahead to WellPoint's $4.9 billion agreement to buy Amerigroup Corp. as a result of Amerigroup's deal to sell its Virginia subsidiary to Inova Health System Foundation, though a hearing in Washington state is delaying the closing of the WellPoint deal. FULL STORY »
Hospital stocks reacted with optimism to the news that President Barack Obama had won a second term—as the fate of the healthcare reform law becomes even more certain. FULL STORY »
By Matt Dunning, Crain's Business Insurance | October 12, 2012
Just two weeks into the final quarter of the year, mergers and acquisitions activity among U.S. health insurers in 2012 could best high-water marks set nearly a decade ago, according to Charlottesville, Va.-based SNL Financial. FULL STORY »
WellPoint, the second-biggest U.S. health insurer, will reorganize into four business units in the first major move undertaken by interim CEO John Cannon. FULL STORY »
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