article thumbnail

UnitedHealth Group 2024 Profits Hit $14 Billion Despite Cyberattack, Rising Costs

Forbes Healthcare

billion in 2024 profits as its UnitedHealthcare health insurance and Optum provider services overcame rising costs and a cyberattack. UnitedHealth Group reported $14.4

Insurance 112
article thumbnail

The Thematic Roadmap for AHIP 2024: What the Health Insurance Conference Will Cover

Health Populi

Health insurance plans make mainstream media news every week, whether coverage deals with the cost of a plan, the cost of out-of-network care, prior authorizations, or cybersecurity and ransomware attacks, among other front-page issues. Value-based care will be a big topic at AHIP 2024 with examples and case studies shared.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

MEDVA Awarded Healthcare Virtual Assistant Company of 2024

MedVA

HENDERSON, NV – November 2024 – MEDVA, a pioneering leader in healthcare virtual staffing solutions, has been awarded Healthcare Virtual Assistant Company of the Year 2024 by Healthcare Business Review (HBR). For more information, visit www.MEDVA.com.

article thumbnail

Elevance to acquire Indiana University Health’s insurance business

Healthcare Dive - Practice Management

IU Health Plans will operate under the Anthem Blue Cross and Blue Shield brand after the deal closes, which is expected at the end of 2024.

Insurance 107
article thumbnail

CVS slashes 2024 outlook — again — as Medicare seniors drive spending

Healthcare Dive - Practice Management

Runaway inpatient spending in particular caused CVS’ insurance costs to snowball after returning “to patterns we have not seen since the start of the pandemic,” its CFO said.

Insurance 128
article thumbnail

CMS recalculates Medicare Advantage star ratings in major win for insurers

Healthcare Dive - Practice Management

The redo comes after regulators lost two court cases over the methodology used to determine 2024’s quality ratings, and should result in hundreds of millions of dollars in additional bonuses to plans that see their ratings improve.

Insurance 107
article thumbnail

Ransomware Attack Severity Increased 68% in H1, 2024

The HIPAA Journal

The use of ransomware in cyberattacks decreased slightly in the first half of the year; however, the severity of ransomware attacks increased according to the 2024 Cyber Claims Report: Mid-Year Update from cyber insurance and security service provider Coalition.