Chicago-based Land of Lincoln Health will be placed under state control and shut down — leaving 49,000 uninsured — in light of the $31.8 million it owes under the Affordable Care Act's Risk Adjustment program, the Chicago Tribune reported.
Capital
Providers and insurers are blaming one another for surprising patients with medical bills, The Wall Street Journal reported.
While 13 insurers in Ohio are requesting premium rate increases — some up to nearly 40 percent — for 2017, subsidies offered through the Affordable Care Act will offset the hikes for a majority of marketplace consumers, Dayton Daily News…
Hartford, Conn.-based Aetna received one of the final state sign-offs for its $37 billion acquisition of Louisville, Ky.-based Humana Monday after New York's insurance regulator granted conditional approval, an insider told Bloomberg.
Chattanooga, Tenn.-based Erlanger Health System is closer to building a $25 million behavioral health hospital about a mile east of its main Erlanger campus, according to a Times Free Press report.
As the Department of Justice's decisions on the Aetna-Humana and Anthem-Cigna deals loom, one Connecticut senator is hoping to persuade the insurers to remain in the state, according to The CT Mirror.
St. Charles Medical Center-Bend (Ore.) plans to build a new patient tower on its northeast campus, nearly doubling its intensive care unit beds by 2018. The new tower is part of a larger $66 million expansion project intended to reduce…
New York City-based Mount Sinai Queens has opened a new outpatient imaging facility at the 140,000-square-foot Mount Sinai Queens Ambulatory Pavilion. Mount Sinai Imaging is part of the hospital's $175 million expansion plan and the latest addition to the largest…
Houston-based Texas Medical Center plans to build an Intercontinental-brand hotel and an apartment complex according to the Houston Business Journal.
Effective December 31, Albuquerque, N.M.-based Presbyterian Health Plan will no longer offer individual health plans on the Affordable Care Act exchange, reports Santa Fe New Mexican.