10 payers in the headlines

From Humana and two private equity firms signing a definitive agreement to acquire Louisville, Ky.-based Kindred Healthcare to Molina Healthcare issuing 60 layoffs this month, here are 10 payers making headlines this week.

1. Molina Healthcare to lay off 60 employees this month
Molina Healthcare will lay off 60 Long Beach, Calif.-based employees this month as part of its reorganization effort.

2. BCBS of Kansas names CEO
Blue Cross and Blue Shield of Kansas appointed Matt All president and CEO, effective April 1. 

3. Anthem's year in review: 5 biggest stories from 2017
Indianapolis-based Anthem made headlines this year amid changes to its hospital imaging and emergency department policies and a C-suite shakeup. 

4. Group Health Cooperative selects CIO: 3 things to know
Madison-based Group Health Cooperative of South Central Wisconsin named Annette Fox CIO.

5. BCBS of Michigan faces backlash for billing therapists $4M in overpayments: 4 things to know
Blue Cross and Blue Shield of Minnesota is recouping $4 million in overpayments from therapists who cared for its Medicaid members.

6. BCBS subsidiary to lay off 264 employees after losing 3-state Medicare contract
Birmingham, Ala.-based Cahaba Government Benefit Administrators, a wholly-owned subsidiary of Blue Cross and Blue Shield of Alabama, will lay off 264 workers after losing a Medicare administrative contract.

7. Aetna's year in review: 5 biggest stories in 2017
Hartford, Conn.-based Aetna made headlines this year amid an antitrust lawsuit concerning its bid for Humana and a $51.4 million out-of-network billing case with a Texas hospital.

8. Cigna CEO to chair US-Korea business council: 3 things to know
The U.S. Chamber's U.S.-Korea Business Council elected Cigna CEO David Cordani as chairman Dec. 15.

9. Centene subsidiary faces $500k fine after Washington commissioner bans, then allows sale of narrow network plans
On Dec. 12, Washington state's insurance commissioner issued a cease and desist order against Coordinated Care Corp., a wholly-owned subsidiary of Centene Corp., due to an inadequate provider network for its individual policies. While it was lifted Dec. 15, Centene faces a $500,000 fine for selling plans with too narrow of networks. 

10. Humana, 2 equity firms to buy Kindred for $4.1B: 6 things to know
Humana and two private equity firms signed a definitive agreement Dec. 19 to acquire Kindred Healthcare, a Louisville, Ky.-based acute care provider, for $4.1 billion in cash including assumption of debt. 

More articles on payer issues:
Molina Healthcare to lay off 60 employees this month
BCBS of Kansas names CEO
Anthem's year in review: 5 biggest stories from 2017

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