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Medicaid, Elevance Health
Elevance makes a late cut to its 2024 forecast after seeing trouble in Medicaid
Elevance Health surprised Wall Street with a rare, late-year guidance cut Thursday after a jump in Medicaid costs marred its third quarter.
Elevance Health slashes profit forecast on persistently high medical costs
By Bhanvi Satija and Sneha S K (Reuters) -Elevance Health slashed its full-year profit forecast on Thursday, hurt by increased medical costs in its government-backed plans, becoming the latest health insurer to feel the pinch of persistently high demand for healthcare services.
Elevance Health’s stock tumbles as profit dented by ‘unprecedented’ Medicaid challenges
We remain confident in the long-term earnings potential of our diverse businesses as we navigate a dynamic operating environment and unprecedented challenges in the Medicaid business,” Chief Executive Gail K.
14h
on MSN
My sisters want to hide $170,000 of our mother’s money from Medicaid by adding their names to her bank account. What should I do?
The probate attorney says I could ask the court to remove sister No. 3 as co-executor, since she has acted unethically and ...
McKnight's Long-Term Care News
13h
Report reveals how Medicaid payments stack up against nursing homes’ cost of care
A new government survey of 13,285 US nursing homes has found that the average provider received 82 cents on the dollar from ...
1d
on MSN
Elevance Shares Dive After Insurer Faces ‘Unprecedented’ Medicaid Challenge
Elevance Health earnings fell short of Wall Street projections in the latest sign of how medical expenses are squeezing ...
10h
on MSN
Biden administration, states widen doorway for illegal aliens to Medicaid, hospitals
Lax border enforcement, along with policies that allow illegal immigrants to get around citizen verification, are starting to burden Medicaid and the U.S. hospital system ...
Crain's New York
21h
Insurance companies may seek pay increases amid Medicaid, Medicare woes
UnitedHealth and Elevance saw double-digit decreases in their stocks this week after they reported worse-than-expected ...
mississippitoday.org
9h
Medicaid advisory committee, required to meet four times a year, hasn’t convened since 2023
It's been nearly a year since the committee last met, and the Division of Medicaid just postponed its Friday meeting ...
Skilled Nursing News
8h
National Study Confirms Medicaid Payments Fall Short of Costs, Shows Links to Staffing Levels and Ownership
A new study on Medicaid payment rates from 44 states shows Medicaid payment rates among nursing homes on average don’t adequately cover today’s costs.
14h
Elevance, CVS, UnitedHealth Struggle With Rising Medical Costs After COVID-19 Medicaid Policy Ends
Insurers have reported higher medical costs due to the end of pandemic-era policies. States redetermining Medicaid ...
2d
After Blue Cross, Tufts appeal $15B Medicaid contract, state agrees to reevaluate
Rhode Island officials have agreed to take a fresh look at the bids received for a five-year, $15.5 billion Medicaid contract ...
Opinion
21h
Opinion
End waste, fraud, and abuse in N.Y.’s Medicaid
A well-funded advertising campaign has charged Gov. Hochul with depriving needy New Yorkers of home care services. In truth, ...
3h
Former AZ Department of Health employee charged in Medicaid fraud indictment
Eight people were named in a 27-count indictment filed by Arizona AG Kris Mayes, including Laroie Davis who was a program ...
Opinion
Starherald.net
6h
Opinion
Medicaid patients are now coveted
One of the main arguments for expanding Medicaid in Mississippi has been that it would help the state’s hospitals offset the ...
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