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Medicareadvantage

All articles tagged with #medicareadvantage

health1 year ago

Key Healthcare Predictions and Trends for 2025

Top investors predict significant changes in healthcare by 2025, including increased court action over legislative changes, the sale of Illumina, and a resurgence in health tech mergers and IPOs. Dr. Oz is expected to lead CMS, making Medicare Advantage more accessible, while Apple is anticipated to revolutionize glucose monitoring with non-invasive technology. Health tech AI startups may struggle to sustain as standalone businesses, and cell therapy is predicted to regain prominence in treating solid tumors.

via Fortune|
#ai#celltherapy#glucosemonitoring
business2 years ago

"Cigna Advances in Negotiations to Divest Medicare Advantage for Up to $4B"

Cigna Group is in advanced discussions to sell its Medicare Advantage business to Health Care Service Corp in a deal potentially worth $3 billion to $4 billion. The sale would indicate a strategic shift for Cigna, which has seen the U.S. government reduce reimbursement rates for health insurers. Cigna's Medicare Advantage segment represents a small portion of its overall revenue, with the bulk coming from its commercial and pharmacy benefits divisions. The deal is expected to be announced soon unless negotiations falter.

via Reuters.com|
##acquisition#business
business-and-finance2 years ago

"Cigna Approaches Multi-Billion Dollar Sale of Medicare Advantage Business"

Cigna is in the final stages of negotiations to sell its Medicare Advantage business to Health Care Service Corp. in a deal valued between $3 billion and $4 billion. This move represents a strategic shift for Cigna, which had previously been expanding in the Medicare sector. The sale comes after Cigna conducted an auction for the business, which generated approximately $7.9 billion in revenue in 2022 and had around 599,000 members as of the end of September.

via The Wall Street Journal|
##acquisition#business-and-finance