Revenue Cycle and Payer News – December 22, 2021

Collaboration News:

Oscar Health, Inc. Announces Partnership with Stride Health to Provide Best-In-Class Enrollment Experience for Members and Brokers
Oscar Health, Inc. (@OscarHealth), the first health insurance company built on a full stack technology platform announced a partnership with Stride Health, the leader in portable benefits technology. Oscar will offer a fully-integrated enrollment experience powered by the Stride for Health Plans enrollment platform on the Oscar website. With this new, best-in-class experience,

CVS Health and Microsoft announce new strategic alliance to reimagine personalized care and accelerate digital transformation
CVS Health (@cvshealth) and Microsoft Corp. announced a new strategic alliance focused on developing innovative solutions to help consumers improve their health, while empowering over 300,000 CVS Health employees including frontline workers with tools to better serve more than 100 million people.

Health Organizations Medica and SSM Health Finalize Strategic Relationship
Medica (@Medica4Me) and SSM Health – both leading Midwest non-profit health organizations – have finalized their strategic relationship to bring their complementary strengths together to drive innovative value-driven health care solutions for members across the communities they serve. Necessary regulatory approvals have been received and the effective date is today.

Independence to invest in Quartet Health
Independence Health Group (@ibx) and Quartet Health (Quartet) announced that they have formed a strategic partnership to achieve speed to quality mental health care for all patients across conditions, acuity levels, and insurance type. This new partnership builds on the whole person health initiative that Independence and Quartet announced in February 2021 to better integrate mental and physical health care.

Financial News:

UnitedHealthcare Community Plan of California to Address Health Equity and Expand Access to Health Care With Investments in 17 San Diego-Based Organizations
UnitedHealthcare (@uhc) Community Plan of California announced a $1.5 million investment in community-based programs aimed to reduce health disparities and improve health equity in San Diego. The funding will support initiatives from 17 San Diego organizations, including community- and faith-based organizations, educational institutions, federally qualified health centers and nonprofits, to address specific health needs of underserved members of the community and gaps in access to health care.

CVS Health announces quarterly dividend
CVS Health® has announced that its board of directors has approved a quarterly dividend of fifty-five cents ($0.55) per share on the Common Stock of the Corporation. The dividend is payable on February 1, 2022, to holders of record on January 21, 2022.

UnitedHealth Group Announces Earnings Release Date
UnitedHealth Group (@UnitedHealthGrp) will release its fourth quarter and full year 2021 financial results on Wednesday, January 19, 2022, before the market opens, and will host a teleconference at 8:45 a.m. ET to discuss the results with analysts and investors. This call will be webcast on the Investor Relations page of the company’s web site (www.unitedhealthgroup.com). The replay will be available through February 2 on the web site or by dialing 1-888-203-1112, Confirmation Code: 2633828.

Company News:

Loudoun Medical Group Joins Humana Medicare Advantage Network
Loudoun Medical Group, P.C. (LMG), one of the largest and most diverse physician-owned, multi-specialty group practices in Virginia, and health and well-being company Humana Inc. (@Humana) have signed an agreement that gives Humana Medicare Advantage members in-network access to LMG’s medical and surgical locations.

Cigna and Spartanburg Regional Healthcare System Reach Agreement
Cigna (@Cigna) and Spartanburg Regional Healthcare System have reached a multi-year agreement that ensures Cigna customers will have access to Spartanburg Regional’s hospitals, facilities and physician network for quality care. The new agreement is effective January 1, 2022.

Policy News:

Blue Cross Blue Shield Association Statement on the First Momnibus Bill Signed into Law
Blue Cross Blue Shield Association (@BCBSAssociation) President and CEO Kim Keck issued this statement after President Biden signed the Protecting Moms Who Served Act into law, the first bill in the Momnibus package to be signed into law.

To Read:

Upcoming Events:

National Conference on Health Policy and Government Health Programs (@ahipcoverage)
What: National Conference on Health Policy and Government Health Programs
When: March 14 – 17, 2022
Where: Washington, D.C. and Virtual
Register here.

National Conference on Health Policy and Government Health Programs – In March, AHIP’s National Health Policy Conference and AHIP’s National Conferences on Medicare, Medicaid & Dual Eligibles will combine to create one powerful new experience. Expect AHIP’s signature brand of high caliber content, hear from renowned policy experts, government officials, and health care leaders, and engage with innovators focused on building a more equitable and sustainable health care system…plus so much more.

AHIP 2022 (@ahipcoverage)
What: AHIP 2022. (Formerly AHIP Institute & Expo)
When: June 21 – 23, 2022
Where: Las Vegas, NV
Register here.

AHIP 2022 – What’s next for your members and the communities you serve? Find it at AHIP 2022. (Formerly AHIP Institute & Expo.) Health care’s essential event has a new name that prioritizes what’s next right now, building on AHIP’s decades-long heritage of bringing together the people, ideas, and solutions guiding greater health.