February 7, 2024 - Cigna will sell its Medicare plans for billions of dollars, according to an announcement from HCSC. The independent licensee of Blue Cross Blue Shield Association revealed that it had plans to purchase Cigna's Medicare businesses--including but not limited to its Medicare Advantage and Part D plans--for $3.3 billion. The deal still has to jump...

January 31, 2024 - The CMS Medicare Shared Savings Program (MSSP) saw an uptick in accountable care organization (ACO) involvement. The agency announced that 480 ACOs are participating in the MSSP and 245 organizations are involved in two CMS Innovation Center ACO models. As a result of these and other efforts, nearly half of all Traditional Medicare...

January 24, 2024 - At the start of a new year, the life sciences and pharmaceutical industries face a roiling political climate, mental health crisis, and other challenges, but these industries are also riding a wave of innovation and technological advancements that could shift the tides. The progress in cell and gene therapy is revolutionizing chronic disease care,...

January 16, 2024 - Rural health facilities across America are closures and financial instability. In the midst of these struggles, one rural hospital tested out a creative solution to stay open.  Bucktail Medical Center had been losing at least $100,000 each month that they remained open since the coronavirus pandemic broke out. In an effort to...