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Anthem, DOJ attorneys present opening statements in merger trial

Anthem, DOJ attorneys present opening statements in merger trial

By Shannon Muchmore  |  November 21, 2016

The government argued that the proposed $54.2 billion deal would mean fewer choices in healthcare and lower quality of care. Anthem countered that insurance markets are unique and the merger would improve, not hinder, innovation and pricing.

What to expect when Anthem and Cigna meet the Justice Department in court

What to expect when Anthem and Cigna meet the Justice Department in court

By Erica Teichert  |  November 18, 2016

Anthem and Cigna Corp. are about to get their chance to fight for their $53 billion merger in a District of Columbia courtroom. The faceoff with the U.S. Justice Department will pit their promised benefits for consumers against providers' bargaining power.

Anthem-Cigna merger trial to start next week

Anthem-Cigna merger trial to start next week

By Erica Teichert  |  November 12, 2016

The first of the U.S. Justice Department's highly anticipated healthcare merger challenges is set to start next week in Washington, D.C.,as Anthem and Cigna Corp. defend their proposed merger.

Cigna profits hit by CMS audit, legal fees for merger

By Shelby Livingston  |  November 02, 2016

Cigna's profit plummeted 16.9% in the third quarter of 2016 despite higher revenue and membership growth in its commercial employer business, the insurer said Thursday.

Anthem warns of ACA exchange retreat in 2018

Anthem warns of ACA exchange retreat in 2018

By Shelby Livingston  |  November 02, 2016

Anthem CEO Joseph Swedish called 2017 a "critical year" for the company's participation in the marketplaces, noting low membership growth in its individual ACA exchange business and higher than expected medical costs from members with chronic diseases.

Maxwell named interim CEO of Presbyterian Healthcare

Maxwell named interim CEO of Presbyterian Healthcare

By Modern Healthcare  |  October 29, 2016

Dale Maxwell will become interim CEO at Albuquerque-based Presbyterian Healthcare Services when current president and CEO James Hinton leaves to become chief executive at Dallas-based Baylor Scott & White Health in January 2017.

Carolinas HealthCare blasts feds' challenge to contracts

Carolinas HealthCare blasts feds' challenge to contracts

By Erica Teichert  |  October 15, 2016

Carolinas HealthCare System is fighting back against a lawsuit by the U.S. Justice Department that alleges the system imposed anti-competitive contract requirements on insurers, saying a federal appeals court has rejected the government's arguments.

Humana, Cigna hit by lower 2017 Medicare star ratings

Humana, Cigna hit by lower 2017 Medicare star ratings

By Shannon Muchmore and Aurora Aguilar  |  October 12, 2016

The percentage of Humana Medicare Advantage members in plans with four stars or higher fell by half, from 78% a year ago to 37%. Cigna has only 20% of its members in plans rated four stars or higher. Meanwhile, 91% of Aetna's members are enrolled in four-star plans.

Mylan school contracts for EpiPens under probe by NY AG

By Adam Rubenfire and Erica Teichert  |  September 10, 2016

Eric Schneiderman's office is investigating Mylan over “potentially anticompetitive terms” in its sales contracts with school systems in the state. Such terms were discovered in a preliminary review by the attorney general's office, according to a news release.

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