Molina Healthcare to sell Medicaid management business for $220m
Molina Healthcare has entered into a definitive agreement to sell its wholly-owned subsidiary, Molina Medicaid Solutions (MMS), a Medicaid management information systems (MMIS) business, to DXC Technology.
Oscar Health reveals market expansion plans for 2019
Technology-focused health insurance company Oscar Health is expanding into six new markets across Florida, Arizona, and Michigan, and three additional large metro areas in Ohio, Tennessee, and Texas.
Caris Healthcare to pay $8.5m in false Medicaid claims settlement
Hospice care provider Caris Healthcare has agreed to pay $8.5 million to resolve a whistle blower lawsuit accusing it of submitting false Medicare claims and retaining over-payments for patients who were ineligible for the Medicare hospice benefit because they were not terminally ill.
Care N’ Care hires new chief medical officer from Anthem
Texas-based Care N’ Care Health Plan, a Medicare Advantage health plan provider, has hired Anthem's David Sand as its new chief medical officer.
Amazon, Berkshire and JPMorgan reveal CEO of new healthcare company
Amazon, Berkshire Hathaway and JPMorgan Chase have appointed Atul Gawande as the chief executive officer (CEO) of their newly-formed healthcare company in the US.
Cigna CEO to chair AHIP board in 2019; WellCare CEO to take over in 2020
America’s Health Insurance Plans (AHIP) has elected David Cordani, president and CEO of Cigna Corporation, to serve as chairman of its board beginning January 2019.
New health reinsurer Sequoia Re launches with PartnerRe exec
A new Minneapolis-based health reinsurer Sequoia Re has launched operations focusing on health maintenance organizations (HMO) reinsurance and provider excess. Dan Bolgar, head of health of PartnerRe, has been appointed as its CEO.
Centene gets final nod for $3.75bn Fidelis Care deal
Health insurer Centene has received regulatory approval from the New York Attorney General for its Fidelis Care transaction valued at around $3.75 billion.
Centene reshuffles leadership in growth strategy
Health insurer Centene Corporation has reshuffled the roles and responsibilities for a number of senior executives to support its growth and development strategy.
Blue Shield to invest $30m in California health care pilot programs
Blue Shield of California has collaborated with the California Medical Association (CMA) to build a new health care model that expands and streamlines patient's access to quality and affordable care.
