Tea Leaves: January 4, 2024: M&A

Cigna is in exclusive talks to sell its Medicare Advantage (MA) portfolio to Health Care Service Corp. (HCSC) at a price of up to $4 billion. Should there be a deal, it would mark a major expansion for HCSC, a big nonprofit health insurer that is the parent of Blue...

Tea Leaves: January 3, 2024: Payers

According to a recent study, Medicare Part D overpays for certain over-the-counter (OTC) drugs that are covered when prescribed by a doctor. In addition, these higher costs filtered down to beneficiaries, and in some cases, their cost-sharing was also higher....

Tea Leaves: January 3, 2024: Health IT

Researchers found that ChatGPT incorrectly diagnosed over 8 in 10 selected pediatric case studies, raising questions about some bots’ suitability for helping doctors size up complex conditions. The chatbot misdiagnosed 72 of 100 cases selected and delivered too...