Revenue Cycle and Payer News 1-16-2019

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Posted By: Annmarie Budniak January 16, 2019

Cigna Completes Combination with Express Scripts, Establishing a Blueprint to Transform the Health Care System
Cigna Corporation (@cigna), a global health service company, has successfully completed its combination with Express Scripts Holding Company (“Express Scripts”) effective December 20, 2018. Consistent with its commitment to support local communities and improve societal health, Cigna also announced an incremental investment of $200 million to its charitable foundation and communities and is launching Healthier Kids for Our Future , a community engagement program focused on addressing the well-being of children globally.

Humana Names William Shrank, MD, Chief Medical Officer
Humana Inc. (@humana), one of the nation’s leading health and well-being companies, announced the appointment of William Shrank, MD, MSHS, as Humana’s new Chief Medical Officer, effective April 1. He will serve as a member of the Humana Management Team and report to Humana President and CEO Bruce D. Broussard.

JP Morgan’s Dimon hosted a private dinner for pharma executives, and a major topic was Amazon
J.P. Morgan Chase CEO Jamie Dimon hosted a private dinner for pharmaceutical executives, ahead of the bank’s health-care conference in San Francisco. There was one company not in attendance that received a lot of attention: Amazon.

Blue Cross Blue Shield Association Statement on Federal Employee Health Care Coverage During the Government Shutdown
Blue Cross Blue Shield Association Senior Vice President of Government Programs William A. Breskin issued the following statement on federal employees’ health care coverage during the government shutdown.

CVS Health Announces $100 Million Community Commitment Following Acquisition Of Aetna
Following its completed acquisition of Aetna (@Aetna), CVS Health (@CVSHealth) announced a $100 million commitment to making community health and wellness central to the newly combined company’s charge for a better world. The new Building Healthier Communities initiative, which will be funded over five years through the combined company as well as the CVS Health Foundation and Aetna Foundation, builds upon the outstanding tradition of community investment by both organizations and mobilizes their scale, combined capabilities and resources behind a unified strategy to deliver a measurable impact on the health of communities across the United States.

CVS Health looks to cut health-care costs and boost profit with new-look stores
CVS Health Corp. provided a peek into its new concept stores, aimed at lowering health-care costs, as every dollar saved by its customers will now benefit the company’s bottom line in the post-Aetna merger era.

Anthem Blue Cross Collaborates with CVS Pharmacy to Increase Access to Health Products
Anthem Blue Cross (Anthem) announced that, beginning January 2019, consumers enrolled in its Medicare Advantage health plans will be able to purchase over-the-counter (OTC) medications and health-related products at CVS Pharmacy stores using their health plan’s allowance. The addition of CVS Pharmacy to Anthem’s network of OTC retailers is part of the company’s continued commitment of making healthcare simpler for consumers and improving their health and well-being.

Anthem to Hold Conference Call and Webcast to Discuss Fourth Quarter Results on January 30, 2019
Anthem, Inc. (@AnthemInc) will release fourth quarter 2018 financial results on January 30, 2019, at 6:00 a.m. Eastern Standard Time (“EST”). Management will review these results during a conference call at 8:30 a.m. EST that same morning.

UnitedHealth Group Reports 2018 Results Highlighted by Continued Strong and Diversified Growth

Medica Awards $70,000 in Grants to Nebraska Health Care Organizations
Medica (@Medica4Me) announced grants totaling $70,000 to two Omaha, Neb., health care organizations. The Magis Clinic at Creighton University’s School of Medicine in Omaha will receive $20,000 to expand its prescription drug program and its immunization program for people experiencing homelessness. Visiting Nurse Association will receive $50,000 to expand and improve the effectiveness and efficiency of its telehealth services in the Omaha Metro area and surrounding communities.

Upcoming Events

AHIP’s National Health Policy Conference
What: AHIP’s National Health Policy Conference
When: March 13 – 14, 2019
Register for this event.
Where: Washington, DC
Hashtag: #AHIPPolicy

AHIP’s National Health Policy Conference – States need innovative ways to serve the growing number of Medicaid enrollees. Health insurance providers are an important part of the solution. But new policies are needed at the federal and state level to unlock more innovation. How can you prepare for the future? During AHIP’s National Health Policy Conference, experts will share their perspectives on what’s next in Medicaid, and what it means for patients, lawmakers, regulators, health systems, and health insurance providers. Early registration ends February 7.

AHIP Institute & Expo 2019 
What: AHIP Institute & Expo 2019
When: June 19 – 21, 2019
Register for this event.
Where: Nashville, TN
Hashtag: #AHIPInstitute

AHIP Institute & Expo 2019 – New concepts, new solutions, new contacts. It’s a few days out of the office, but so much more. Institute & Expo is an investment in your company, your career, and our country’s health care. It’s not surprising that thousands consider AHIP’s Institute & Expo the must attend health care event. Register now to take advantage of early bird discount. Super Saver ends March 18, 2019 and Early Registration ends May 3, 2019.