NYC Health & Hospitals and UnitedHealthcare are heading to arbitration over $11.5 million in denied inpatient medical claims. Most were for emergency care for patients covered by UnitedHealthcare's Medicaid and Medicare programs.
There's been a drop in the number of foreign-born medical graduates applying for residencies in the U.S. at the same time as the country struggles with physician staffing shortages. Industry stakeholders worry the decline comes from recent efforts to stem immigration.
David Cordani doesn't view Cigna as merely a health insurer. The Bloomfield, Conn.-based company, he said, is in the business of delivering "health services." The proposed $54 billion purchase of Express Scripts falls in line with that, he argued.
St. Louis-based Ascension continues to benefit from its investment in ancillary businesses amid expected declines in its hospital operations.
A new filing with the Securities and Exchange Commission shows why Cigna and Express Scripts decided to join forces in the wake of their breakups with health insurer Anthem.
The Detroit Medical Center has sold its retail and outpatient pharmacies to Walgreens Co. as part of a pharmacy reorganization. The deal encompasses seven specialty pharmacy sites and one mail-order business, Crain's has learned.
The Icahn School of Medicine at Mount Sinai has created a $10 million accelerator fund to speed up the commercialization of research at the school. It's starting with two investments in drug-development ventures.
Mary Kingston will replace Rand O'Leary, who left the Vancouver, Wash.-based organization in April. She will oversee four hospitals.
The quarterly profit—the first Oscar has reported since launching five years ago—signals that the health insurer's strategy of creating narrow networks through partnerships with major brand-name hospital systems may be a winner.
Dallas-based Baylor Scott & White Health posted more profit in the first nine months of its fiscal 2018 than in its entire fiscal 2017.
Sixty-two percent of health system executives support Amazon's growing presence in the medical supply sector and nearly the same amount said the company could successfully deliver supplies faster and at a lower price, according to a new survey.
First-quarter results from the country's largest investor-owned chains—Tenet Healthcare Corp., HCA Healthcare, Community Health Systems, Universal Health Services and LifePoint Health—show they're finding success in squeezing more money out of each patient encounter.