by Jessica Casebolt | Sep 11, 2023 | Payers, Tea Leaves
Cigna is exiting the Affordable Care Act exchange (ACA) in Kansas and Missouri and will depart from four counties in Arizona and Utah. A Cigna Healthcare spokesperson said the company’s goal is to provide access to high-quality care and offer significant value to its...
by Jessica Casebolt | Sep 11, 2023 | Public Health/Prevention, Tea Leaves, Uncategorized
On Thursday, the Centers for Disease Control and Prevention (CDC) announced the launch of a new initiative to support sepsis teams at U.S. hospitals in light of new data that found a third of patients who die in hospitals had sepsis while hospitalized. The agency said...
by Jessica Casebolt | Sep 11, 2023 | Payers, Tea Leaves
The Centers for Medicare & Medicaid Services (CMS) announced that the Medicare Shared Savings Program (MSSP) saved a net $1.8 billion in 2022 for accountable care organizations (ACOs), the second-highest annual savings since the program began 10 years ago....
by Jessica Casebolt | Sep 11, 2023 | Life Sciences, Tea Leaves
CVS Health said on Wednesday that it has launched a new company called Cordavis that will work directly with manufacturers to commercialize and co-produce biosimilar medicines for the U.S. market. CVS will initially work with the manufacturer Sandoz to produce a...
by Jessica Casebolt | Sep 11, 2023 | Providers, Tea Leaves
High labor costs, rising interest rates, and looming federal staffing minimums are prompting more nursing homes and senior living operators to file for bankruptcy. According to Gibbins Advisors, a health care advisory and restructuring consultancy, the two kinds of...
by Jessica Casebolt | Sep 11, 2023 | Payers, Tea Leaves
The Biden administration is expected to disclose early next week the first 10 prescription drugs selected for Medicare price negotiations, ahead of a White House event Tuesday to celebrate the milestone. The announcement will mark a major step in a bid to lower drug...
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