Revenue Cycle and Payer News – April 3, 2024

Collaboration News

Humana and DUOS Launch Groundbreaking Initiative Enhancing Care for U.S. Veteran Seniors
Humana Inc and DUOS, a technology-enabled service provider announce a new collaborative program to enhance the healthcare experience and improve health outcomes for Louisiana Veteran members with chronic conditions.

Independence Blue Cross and Rothman Orthopaedic Institute extend their value-based care agreement
Independence Blue Cross (IBX) and Rothman Orthopaedic Institute (Rothman Orthopaedics) have extended their value-based care agreement for three years. The extension allows the two organizations to continue their work to enhance the quality of care IBX members receive, to address health equity, and to reduce health care costs.

New Data Standard Will Lead to Equitable Health
For the first time since 1997, the Office of Management and Budget (OMB) published revised federal standards for maintaining, collecting and presenting Federal data on race and ethnicity.

Humana and Strive Health Announce Expansion of Holistic, Patient-Centered Care for People with Kidney Disease
Health and well-being company Humana Inc. and kidney care provider Strive Healthopens have announced a new value-based care multi-state agreement for most Humana Medicare Advantage HMO and PPO plan members who live with kidney disease.

CareSource and LunaJoy Health partner to increase access to maternal mental health care for high-risk mothers covered by Medicaid
CareSource, a mission-driven managed care plan serving more than 450,000 Georgians, announced a partnership with LunaJoy Health, a leader in the women’s mental health space. The partnership will leverage LunaJoy Health’s extensive experience in perinatal mood disorders and innovative care model.

Humana Announces Strategic Partnership with Veda to Improve Accuracy of Provider Directories
Humana announced a strategic partnership with Veda, a health technology company specializing in helping healthcare companies solve complex provider data challenges.

Company News

Xsolis Becomes America’s Health Insurance Plans (AHIP) Affiliate Organization Member
Xsolis, the AI-driven technology company with a human-centered approach, fostering collaboration between healthcare providers and payers, has announced that it has joined America’s Health Insurance Plans (AHIP) as a 2024 Affiliate Organization Member.

Independence Health Group reports solid financial performance, sustained revenue growth for 2023
Independence Health Group, Inc., (Independence) the parent company of Independence Blue Cross, LLC (IBX), released its financial results for 2023, a preview of the organization’s annual report. The organization reported consolidated revenue of $31.1 billion, up 13.6 percent or $3.7 billion over 2022.

CVS Health® announces quarterly dividend
CVS Health® has announced that its board of directors has approved a quarterly dividend of sixty-six and one-half cents ($0.665 cents) per share on the Common Stock of the Corporation.

Blue Cross and Blue Shield® Federal Employee Program® is Conditionally Approved to Participate in the Postal Service Health Benefits Program
The Office of Personnel Management announced that the Blue Cross and Blue Shield® Federal Employee Program ® (FEP) is conditionally approved to participate in the Postal Service Health Benefits program to offer health insurance to United States Postal Service employees, retirees and eligible family members, beginning January 1, 2025.

Humana Completes Aggregate $2.25 Billion Debt Offering
Humana Inc. announced the completion of its public offering of $2.25 billion in aggregate principal amount of senior notes.

To Read

Health Insurance Providers Actions Concerning Mental Health by AHIP – Health insurance providers are committed to working together to improve access to mental health and SUD care for every patient who needs it.

11 Top Takeaways from Government, Health Leaders in Baltimore by AHIP – Health insurance provider professionals and health policy leaders met last week in Baltimore to discuss top issues affecting Medicare and Medicare Advantage, Medicaid, dual-eligible populations, and commercial markets. Here are just a few of the top insights you missed.

Best Short-Term Health Insurance Companies Of 2024 by Forbes – Short-term health insurance is inexpensive, temporary coverage that can help pay for medical care if you have a gap in your insurance, such as after losing a job. Short-term plans have low premiums but don’t offer the comprehensive coverage found in standard health insurance policies.

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What: Consumer Experience & Digital Health Forum
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