News
HCA cuts profit forecast as Obamacare coverage losses drive up uninsured patients
4+ hour, 41+ min ago (364+ words) By Sriparna Roy and Christy Santhosh July 14 (Reuters) – HCA Healthcare cut its annual profit forecast on Tuesday, citing a rise in the number of uninsured patients, largely those who dropped coverage under “Obamacare” plans. Americans are dropping off the plans…...
Humana divests minority stake in hospice provider Gentiva
1+ mon, 3+ day ago (174+ words) June 10 (Reuters) – Humana said on Wednesday it has agreed to sell all or substantially all of its minority stake in Gentiva, a provider of hospice and palliative care services, in a deal valuing the stake at about $900 million. • The stake…...
Health insurers rise after US lifts 2027 Medicare Advantage payment rates
3+ mon, 1+ week ago (293+ words) April 7 (Reuters) – Shares of U.S. health insurers climbed on Tuesday after the government set Medicare Advantage payment rates above expectations, an increase that would result in more than $13 billion in additional payments in 2027. Shares of UnitedHealth jumped more than 10%, CVS…...
US proposes slight rise in 2027 Medicare insurer payments, shares fall
5+ mon, 2+ week ago (463+ words) By Siddhi Mahatole and Amina Niasse Jan 26 (Reuters) – The U.S. has proposed an average rate increase of 0.09% in payments to private insurers next year for the Medicare Advantage plans they manage, the government said on Monday, driving shares of the…...