Revenue Cycle and Payer News – November 22, 2023

Collaboration News

Cedar Partners with Advocatia to Introduce Full-Service Medicaid Enrollment, Reducing Coverage Gap for Millions of Americans
Cedar (@CedarNY), an end-to-end healthcare financial engagement platform, has launched its Affordability Navigator, the healthcare industry’s first integrated suite of financial assistance offerings for patients. Cedar’s Affordability Navigator connects consumers with outside funding sources and self-service tools, including Medicaid enrollment in partnership with Advocatia, the leading benefits and financial assistance enrollment solution for hospitals.

Humana Healthy Horizons partners with the Alzheimer’s Association to educate and support Floridians
Humana Healthy Horizons, the Medicaid business of health and well-being company Humana Inc.(@Humana), is forging a path to better outcomes for those impacted by Alzheimer’s Disease and related dementia disorders as a Medicaid partner to the Alzheimer’s Association in Florida.

AHIP Joins Health Care Partners to Announce The Common Health Coalition
AHIP joined with 4 other leading health care organizations to announce the Common Health Coalition: Together for Public Health.

Company News

Independence Blue Cross focuses on the concept of equitable, whole-person health at its second annual Health Equity Summit
Independence Blue Cross (@ibx) recently hosted its second annual in-person and virtual Health Equity Summit. The event focused on the concept of equitable, whole-person health. Independence members who attended the event had the opportunity to hear from health care leaders on this important topic.

CVS Health reports third quarter results
CVS Health Corporation (@CVSHealth) announced operating results for the three months ended September 30, 2023.

Humana Completes Aggregate $1.35 Billion Debt Offering
Humana Inc. announced the completion of its public offering of $1.35 billion in aggregate principal amount of senior notes.

UnitedHealth Group Board Authorizes Payment of Quarterly Dividend
The UnitedHealth Group (@UnitedHealthGrp) board of directors has authorized payment of a cash dividend of $1.88 per share, to be paid on December 12, 2023, to all shareholders of record of UNH common stock as of the close of business December 4, 2023.

Blue Cross and Blue Shield of Texas tailors health insurance options during Open Enrollment
With health insurance Open Enrollment in full swing on the Marketplace, Blue Cross and Blue Shield of Texas (BCBSTX) is offering multiple options that can provide independent workers with access to care for themselves and their families.

Oscar Health, Inc. Announces that Mark Bertolini’s Foundation and Deerfield Management have Entered into an Agreement with a Selling Shareholder to Purchase Shares of Oscar Health
Oscar Health, Inc. (@OscarHealth), a healthcare technology company, announced that an affiliate of Deerfield Management Company, L.P. and the Anahata Foundation, a charitable foundation established by Mark T. Bertolini, Oscar’s Chief Executive Officer, each entered into a Stock Purchase Agreement for the purchase in private placement of shares of Oscar’s Class A common stock from a single selling shareholder.

Vivante Health Inks National Distribution Contract with UnitedHealthcare
Vivante Health (@VivanteHealth), provider of the market-leading GIThrive digital digestive health solution, announced a national distribution contract with United Healthcare (UHC), the largest health insurance company in the U.S.

Product News

CareSource new diabetes insurance plans offers customized support for Hoosiers
CareSource (@caresource), a nationally recognized managed care entity, announced new Marketplace plans specifically designed for members with diabetes. Through these plans, members have an easier time managing their diabetes through preferred coverage of specific medications, supplies and treatment plans.

Making the Cut, Milestones, Accolades, Awards and More

We Bloom honored with CareSource’s Community Impact Award
We Bloom, an Indianapolis-based nonprofit with the mission of catalyzing health in communities, announced they have been honored with a Community Impact Award and a $5,000 grant by CareSource, a nationally recognized managed care entity.

Humana Repeats as U.S. News & World Report’s Best Overall Medicare Advantage Plan Company for Second Year in a Row
For the second year in a row, U.S. News & World Report recognized leading health and well-being company Humana Inc. as the 2024 Best Insurance Company for Medicare Advantageopens new window in three categories.

UnitedHealthcare Community Plan of Rhode Island Awarded NCQA Health Equity Accreditation
UnitedHealthcare Community Plan of Rhode Island has been awarded Health Equity Accreditation by the National Committee for Quality Assurance (NCQA), a private, nonprofit organization dedicated to improving health care quality. This accreditation is granted to organizations that lead the market in providing culturally and linguistically sensitive services, and work to reduce health care disparities.

Upcoming Events

AHIP 2024 (@AHIPCoverage)

What: AHIP 2024
When: June 11-13, 2024
Where: Las Vegas, NV
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Experience what’s next in health care at AHIP 2024 (Formerly Institute & Expo), building on AHIP’s decades-long heritage of bringing together the people, ideas, and solutions guiding greater health for years to come.

2024 Consumer Experience & Digital Health Forum (@AHIPCoverage)

What: Consumer Experience & Digital Health Forum
When: September 24-26, 2024
Where: Nashville, TN
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Discover cutting-edge technologies and data-driven solutions that are shaping the future of the industry and gain valuable insights into the latest breakthroughs and best practices.