Medicaid managed-care provider Centene Corp. is buying insurer Health Net in a $6.8 billion cash and stock deal.
Aetna will spend $37 billion to buy rival Humana and become the latest health insurer bulking up on government business as the industry adjusts to the federal healthcare overhaul.
The health insurance industry is on the verge of large-scale consolidation as its leaders seek to drive down costs, increase negotiating leverage and boost profits. But that could spur more consolidation among providers to counter the greater bargaining power of a smaller number of big insurers.
UnitedHealth Group saw an upsurge in its government business as it topped Modern Healthcare's list of the largest publicly traded health insurance companies in 2014. Nearly all of insurers on the list enjoyed an increase in total revenue in 2014 compared with the previous year.
The federal government is loosely capping the profits of Medicaid managed-care insurers. But many large companies already live within the proposed ratio, raising questions about the regulation's influence.
Dr. Stephen Grubbs has been named senior director of the new clinical affairs department of the American Society of Clinical Oncology in Alexandria, Va.
Centene Corp., one of the largest Medicaid managed-care insurers in the country, has announced appointments for two medical executives.
Centene Corp., one of the largest Medicaid managed-care insurers in the country, nearly doubled its profit in the first quarter as the company continues to win state contracts.
Total compensation for some of the highest-paid CEOs in the healthcare industry increased faster than their companies' profits last year, a Modern Healthcare analysis of the first firms to report executive pay found.
If UnitedHealth Group's first-quarter earnings report on April 16 is a harbinger, other publicly traded health insurers will soon be popping their own Champagne corks.
Private-equity firms traditionally have invested in medical groups that offer high-reimbursement potential, such as dermatology and dentistry. Now, equity firms are also scouting for primary-care practices that are ahead of the curve in value-based care.
Investors in health insurance companies will surely celebrate the upcoming five-year anniversary of Obamacare, a law that aggressively restricts how insurers do business but nevertheless brought them huge gains in the stock market.