Originally posted on MedicareNews

 

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By PAUL LEVY Many people involved in hospitals wonder how it can be financially prudent for investors to put their money into for-profit ventures that buy non-profit hospitals. (Examples here and here.) After all, the argument goes, the newly privatized…  Read More →

Get An Affordable Medicare Plan With prescription drug coverage [Original News Article] Related NewsPresented By:Humana, Senior Citizens Bureau to Offer Medicare Insurance PlansHumana 1Q profit more than doubles  Read More →

LOUISVILLE, KY and MOUNTAIN VIEW, CA– Medicare products. In the coming months, eHealth will distribute Humana’s Medicare Supplement, Medicare Advantage and Part D (prescription drug… [Original News Article] Related NewseHealth launches new website to help consumers learn about Medicare health plan optionsHumana to market Medicare... 

Independence Blue Cross has lost 30 percent of its Medicare managed-care members in the region this year in the wake of federal government rate cuts as its major competitors saw enrollment gains. The cuts came after the Philadelphia insurer eliminated some product offerings for senior adults and raised rates for others. [Original News Article] Related... 

By JOHN GOODMAN I’ve noticed at The Health Care Blog quite a few people are obsessed with the role of profit in the health care system. Many apparently believe that for-profit entities have no legitimate role in an ideal world…  Read More →

While private Medicare Advantage plans face funding pressure from Washington, Medicare “is actually a very good place to be,” the chief executive of Louisville-based Humana said. [Original News Article] Related NewsHumana CEO: No no regrets about sending warning letters to Medicare customersHumana, With Strong Run In Medicare, May DiversifyHumana... 

May 18 — Insurers led by UnitedHealth Group Inc. and Humana Inc. may share in an estimated $2.5 billion in yearly bonuses if their U.S-backed Medicare plans rate four or five stars under a system created to improve quality of care. [Original News Article] Related NewsUnitedHealth, Humana Need 5-Star Ratings to Get Medicare BoostUnitedHealth,... 

CIGNA Corp.’s subsidiary CIGNA Government services, LLC, won a Medicare contract with an estimated value of $243 million, the health insurer announced Friday. [Original News Article] Related NewsCIGNA Wins $243 Million Medicare ContractCigna 4Q Profit Up on Medicare D GrowthCIGNA, Humana Team Up To Sell Medicare Advantage  Read More →

Medicare Australia has been charged with delivering the Commonwealth’s superannuation clearing house – but its delivery of the Pharmaceutical benefits Scheme has been less than perfect. [Original News Article] Related NewsHHS Secretary Mike Leavitt Announces Plan To Share Medicare Physician Performance Measures Through Local Value …Medicare... 

There’s more action to report in the hospital industry: Cerberus Capital Management is going to buy Caritas Christi Health Care, the second-largest hospital chain in New England, the WSJ reports. Caritas will become a for-profit entity if the deal is approved. This deal comes on the heels of Vanguard Health Systems’s deal earlier this... 

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