Cigna won’t get $1.85B from Anthem breakup, Delaware Supreme Court rules
The Delaware Supreme Court ruled on Monday that Cigna can’t seek a $1.85 billion breakup fee after its failed merger with Anthem, upholding a judge’s decision last year.
What will be the pandemic’s mental health legacy?
The pandemic has highlighted longstanding disparities in how people access mental healthcare. Panelists at MedCity INVEST shared what changes they want to see in the future, and the pandemic's broader effect on mental health.
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Enhanced Direct Enrollment: Georgia Access and the Power of Partnership
Across the nation, state-based health insurance exchanges are searching for ways to better serve their communities while making enrollment easier, more personal, and more accessible for everyone.
Bright Health acquires Zipnosis, enters telehealth market
Insurance technology startup Bright Health has purchased Zipnosis, which provides telehealth services. Though details of the transaction are sparse, the acquisition aims to lower healthcare costs and expand access to quality care.
Report: Bright Health eyes $1B IPO
Insurance startup Bright Health is reportedly planning to raise up to $1 billion in an IPO that will be launched in the second quarter of 2021. The company, which provides several insurance products as well as an IT platform, could be valued at more than $10 billion, Bloomberg reported.
Oscar Health looks to raise $1B in IPO
Insurance startup Oscar Health plans to price its IPO between $32 and $34 per share. The New York-based startup plans to trade on the New York Stock Exchange under the ticker “OSCR.”
Insurance startup Oscar Health bets on its tech as it files for IPO
Oscar Health filed preliminary paperwork for an IPO on Friday. The health insurance startup is betting that its technology can give it an edge as it fights for market share with bigger competitors.
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Esperion Sets Its Sights on New Areas While Maintaining Commitment to Cardiovascular Health
In a recent interview, Esperion president and CEO, Sheldon Koenig talks about the reality of statin intolerance and his company’s expansion into new diseases
Biden to reopen ACA marketplaces for 3 months
The Biden administration established a special enrollment period to give uninsured Americans a chance to sign up for insurance on the HealthCare.gov markets. Providers and payers applauded the announcement, but it remains to be seen whether the move will encourage people to get insured.
Insurtech startup Sidecar Health’s valuation hits $1B
The newly crowned unicorn's insurance product enables members to shop for medical services and pay directly for care. The company raised $125 million in a recent funding round, boosting its valuation, which it will use to increase its footprint and launch new products.
After raising $140M, Oscar confidentially files for IPO
On the heels of a $140 million funding round, insurance startup Oscar Health confidentially filed for an IPO.
Pear Therapeutics raises $80M in push for reimbursement
SoftBank’s second Vision Fund led the recent funding round. Pear plans to use it to accelerate reimbursement coverage for its three FDA-cleared products.
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RCM Outsourcing: Balancing Human Expertise & Smart Technology
Greenway Health blends smart technology with human expertise to elevate revenue cycle.
ACA could help millions of uninsured gain free coverage
Millions of Americans without healthcare insurance could be eligible to get coverage for free, or nearly free, through financial assistance offered under the Affordable Care Act. But many who recently lost their employer-based coverage may not be aware of the options available to them.
Telehealth not enough to offset crushing demand for mental health services
Lightened telehealth regulations have expanded access to virtual visits for therapy and other mental health services. But many patients still aren’t having their needs met.
Aetna, McLaren Physician Partners collaborate to extend coverage in Michigan
The health insurer and Michigan-based physician organization are partnering to expand access to in-network care for around 40,000 individual and group Medicare Advantage plan members. The partnership will go into effect Dec. 1.
In claims analysis, Pear finds digital therapeutic for opioid use disorder decreased medical costs
In a review of real-world claims data, Pear Therapeutics found that its digital therapeutic for opioid use disorder resulted in a reduction in spending $2,150 per patient over six months.
U.S. physicians split on future of payer landscape, survey shows
A new survey of U.S. physicians shows that they have differing views on how the payer market needs to evolve, but a vast majority agree that affordable insurance is necessary to provide access to high-quality care while reducing costs.