The payer beat Wall Street expectations in the first quarter on both earnings and revenue, which reached $39 billion.| Healthcare Dive
The insurer reported favorable MA inpatient utilization as COVID-19 claims decreased in the first quarter.| Healthcare Dive
Secretary Xavier Becerra urged states to adopt new flexibilities to limit Medicaid churn, adding in a letter to state governors that he's "deeply concerned" about unnecessary coverage losses.| Healthcare Dive
The payer’s Medicare Advantage star ratings have improved slightly, but “certainly do not reflect the ambitions of our company,” CEO Sarah London said.| Healthcare Dive
The payer lost 262,700 Medicaid members in the second quarter, dropping its total Medicaid lives to just over 16 million.| Healthcare Dive
While the insurer continues to be rocked by more seniors seeking outpatient care, the fourth quarter also saw high levels of vaccinations and COVID-19 admissions that accelerated spending.| Healthcare Dive