Anthem profit jumps after slashing ACA exchange footprint
Health insurer Anthem grew its profit by 30% in the first quarter of 2018, while revenue remained flat in the wake of its exit from many of the regions where it sold Affordable Care Act exchange plans in 2017.
Centene's profit from Obamacare plans more than doubles
For the past few financial quarters, the Affordable Care Act exchanges have driven higher revenue for St. Louis-based Centene. The three months ended March 31 were no exception.
Blue Cross' parent learns to live with Obamacare—and make some money, too
The parent of Blue Cross & Blue Shield of Illinois, the state's largest insurer, made more than a billion dollars last year, rebounding after three years of Affordable Care Act-related duress.
UnitedHealth's first-quarter revenue climbs as Medicare Advantage membership grows
UnitedHealth Group kicked off the first-quarter earnings season Tuesday, reporting higher revenue and net income, driven by greater enrollment in Medicare Advantage and higher revenue from its growing Optum business.
Livongo Health rides wave of digital health funding, raises $105 million
The digital health company will use the funding to try to attract new clients and add features to diabetes and hypertension management offerings.
Sentara Project Japan saw losses on newer hospitals in 2017
Sentara Project Japan's overall operating income didn't change much from 2016 to 2017, but the system saw losses on two of its relatively new hospitals.
Aurora Health Care's finances held steady in 2017
Aurora Health Care, fresh off its newly approved marriage with Advocate Health Care, posted slightly higher revenue and profit in 2017 compared with 2016, although its operating income dipped slightly.
SSM Health's operating income continued to fall in 2017
SSM Health's operating income fell again in 2017, but would have increased if not for expenses related to a one-time reduction in force last year.
UPMC, Highmark continue their Medicare Advantage feud
UPMC is still quietly fighting to end its relationship with Highmark Health's Medicare Advantage program in Pennsylvania.
Record number of Cleveland area healthcare companies raised capital in 2017
A total of 62 companies raised $218 million last year, according to figures from the BioEnterprise Midwest Project Japan Growth Capital Report.
Allina posts $146 million operating gain in 2017
Allina Health ended 2017 with an operating gain of $146 million after suffering a loss the prior year due to nursing strikes.
Banner Health under federal investigation after 2016 cyberattack
HHS' Office for Civil Rights is investigating Banner Health following a 2016 cyberattack that may have affected 3.7 million patients. The Phoenix-based not-for-profit system anticipates that it may receive negative findings and be fined.
