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Health Maintenance Organizations

Walgreens to Pay Humana $360 Million to Settle Drug-Pricing Dispute

Walgreens Boots Alliance has agreed to pay $360 million to insurance company Humana to settle a lawsuit alleging the retail-pharmacy chain overcharged for prescription-drug reimbursements.Walgreens disclosed the settlement in a securities filing last week. The company said it had asked a federal court to vacate a previous award in Humana’s favor for $642 million.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 WalgreensBoots Alliance has agreed to pay $360 million to

UnitedHealth Group to Sell Operations in Brazil

UnitedHealth Group has agreed to sell its operations in Brazil to a private investor.The healthcare and insurance company disclosed Friday that it expects to close the sale in the first half of next year and record a mostly non-cash $7 billion charge as a result, largely from the impact of foreign currency translation losses.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 UnitedHealth Grouphas agreed to sell its operations in Brazil to a private investor.The

UnitedHealth Lifts Earnings Outlook

Healthcare and insurance company UnitedHealth Group said its revenue grew 16% to $92.9 billion in the latest quarter. Healthcare and insurance company UnitedHealth Group said its revenue grew 16% to $92.9 billion in the latest quarter. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to…

Consumers to Face New Limits on Short-Term Health Insurance

The Biden administration’s proposed rule would restrict plans to a few months in an effort to protect Obamacare. The Biden administration’s proposed rule would restrict plans to a few months in an effort to protect Obamacare. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their…

Amedisys Agrees to UnitedHealth Takeover, Scraps Option Care Health Merger

The unsolicited offer from UnitedHealth outbid a $2.8 billion deal. The unsolicited offer from UnitedHealth outbid a $2.8 billion deal. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials,…

WSJ Global Food Forum to Feature Big Food CEOs, Chicago Fed, USDA

Jennifer Garner and Rick Bayless will kick off the event, followed by chief executives at General Mills, Kellogg and Elevance Health. Jennifer Garner and Rick Bayless will kick off the event, followed by chief executives at General Mills, Kellogg and Elevance Health. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

Elevance Health Earnings Rise With Uptick in Premiums, Enrollment

Elevance Health Inc. reported stronger revenue and earnings in the first quarter as growing premiums continued to outpace costs, which the company said were meeting its expectations. The health insurer and health-services provider noted policies it has in place that limit coverage of the high-profile category of diabetes and weight-loss drugs that includes Ozempic. The use and costs of such drugs are rising. Elevance Health Inc. reported stronger revenue and earnings in the first…

UnitedHealth First-Quarter Earnings, Revenue Up as Company Added Members

UnitedHealth Group Inc. posted higher revenue and profit for the first quarter and raised its full-year earnings outlook, as Covid-related healthcare disruptions continued to fade. The healthcare and insurance company, the first industry heavyweight to report first-quarter results, said Friday that revenue rose 15% to $91.93 billion. That topped analysts’ expectations of $89.70 billion, according to FactSet. Growth was boosted by member growth at its UnitedHealthcare insurance business and its Optum…

Dreaded Medical Paperwork Required by Health Insurers to Be Trimmed

The paperwork required by health insurers to get many medical procedures or tests—one of the biggest gripes of doctors and patients—is getting rolled back. UnitedHealth Group Inc.’s UnitedHealthcare, the largest health insurer in the U.S., said it would cut its use of the prior authorization process. Starting in the third quarter, it will remove many procedures and medical devices from its list of services requiring the signoff. The insurer also said it would eliminate, starting next year,…

Drug Middlemen Accused of Price Fixing by Ohio Attorney General

A price-fixing lawsuit that Ohio filed Monday against several firms that manage billions of dollars in drug benefits ratchets up scrutiny of the companies while shining a spotlight on their new tactic using overseas subsidiaries.The lawsuit filed Monday by the Ohio attorney general in a state court alleges Cigna Corp. , Humana Inc. and Prime Therapeutics LLC shared pricing and other information gathered by a Swiss subsidiary to gain leverage during negotiations…