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Molina announces $230 million loss for second quarter

| Aug 3, 2017 | California, Texas, Washington

Molina Healthcare announced its second quarter results and a restructuring plan shortly after an announcement that 10 percent of its workforce would be laid off. Joseph White, chief financial officer and interim president and chief executive officer said: We are disappointed with our bottom-line results for this quarter and have...[ Read More ]

CMS releases proposed rule for DSH allotment reductions

| Jul 31, 2017 | Federal

Last week, CMS released a proposed rule outlining reductions in the federal Medicaid dollars allocated to each state to fund their Medicaid Disproportionate Share Hospital (DSH) programs beginning in FY 2018. In anticipation of lower uninsured rates and lower levels of hospital uncompensated care, the ACA set forth aggregate reductions...[ Read More ]

HCA announces Independent Assessor for Medicaid Demonstration

| Jul 31, 2017 | Washington

The Washington Health Care Authority has announced Myers and Stauffer as the apparently successful bidder to serve as the Independent Assessor to support the Medicaid Demonstration. The Independent Assessor will work with the nine Accountable Communities of Health to review and score project plans and assess ACH progress during project...[ Read More ]

CDC survey reveals poor Native Hawaiian and Pacific Islander health

| Jul 27, 2017 | Hawaii

The National Center for Health Statistics at the Centers for Disease Control and Prevention has released its survey on Native Hawaiian and Pacific Islander (NHPI) Health. The survey was conducted in 2014 and collected information from over 11,000 people. It was the first federal survey to exclusively measure the health...[ Read More ]

Centene Q2 financial report shows increased profits and revenue

| Jul 25, 2017 | California, Oregon, Texas, Washington

Centene released its financial results for the second quarter, reporting higher than projected profits. "We are pleased with the strong second quarter performance across our product lines,” Michael F. Neidorff, Centene's Chairman and Chief Executive Officer said. “The Marketplace business continues to be particularly strong, confirming our business as usual approach." Centene’s...[ Read More ]

Oregon DCBS posts final 2018 health plan rates

| Jul 20, 2017 | Oregon

The Department of Consumer and Business Services has posted the final approved rates for 2018 individual and small group health plans. The average rate changes range from a 1.6 percent decrease (BridgeSpan) to a 14.8 percent increase (Kaiser). The almost all the rate changes are the same as the preliminary...[ Read More ]