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 ...
Elevance Shares Dive After Insurer Faces ‘Unprecedented’ Medicaid Challenge
It was the latest sign of how medical expenses are squeezing insurers’ earnings, a result likely to punish shares across the ...
Medicaid ACOs have not yet improved care for kids with asthma, study says
In its first three years of operation, Medicaid's primary care-focused Accountable Care Organizations (ACOs) in Massachusetts ...
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Ballooning Medicaid costs challenge health insurer Elevance
On Thursday, Elevance Health disclosed in its third quarter earnings release that its medical loss ratio — the amount of ...
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Postpartum Medicaid in Arkansas, explained
New mothers in Arkansas fare worse than their counterparts elsewhere. We're also the only state that hasn't expanded Medicaid ...
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CMS to allow Medicaid, CHIP coverage for IHS facilities, tribal communities
The Centers for Medicare & Medicaid Services Oct. 16 approved section 1115 demonstration amendments which will allow Medicaid ...
Manalapan couple accused of Medicaid fraud and evading taxes on $4.5 million
Eli Levy and Lauren Levy, both 43, are accused of cheating the government out of taxes on $4.5 million in business income.
Elevance Health Stock Sinks as Medicaid Woes Hit Earnings
Elevance Health stock is plunging Thursday after the insurer missed Q3 earnings expectations and lowered its full-year ...
Mississippi House Speaker releases policy polling data. What are voters' priorities?
According to a poll commissioned by Mississippi House Speaker Jason White, R-West, and completed via texts and an online ...
Medicaid will cover Native American traditional healthcare in New Mexico
Native American traditional healthcare will now be covered by Medicaid in New Mexico. New Mexico was one of four states to receive federal approval to use Medicaid funding to cover Native American ...
S&P 500 Gains and Losses Today: Health Insurers Slide as Elevance Cites Medicaid Declines
The S&P 500 was essentially flat on Thursday, Oct. 17, 2024, closing less than 0.1% lower despite strong retail sales data and a resurgence in AI chip stocks.
Elevance Health 3Q Revenue Beats Estimates Amid Medicaid-Related Challenges
The health company logged net income of $1.01 billion, or $4.36 a share, for the third quarter ended Sept. 30, declining from $1.3 billion, or $5.45 a share, a year earlier. Adjusted earnings were ...