Anthem's net income climbs 21%, Aetna launches Medicare plan with U of Virginia Health & more — 7 payer key notes

The following payers made headlines this week, beginning with the most recent. 

1. U of Virginia Health System, Aetna launch co-branded Medicare Advantage plan
Charlottesville-based University of Virginia Health System unveiled a Medicare Advantage plan with Aetna Oct. 25.

2. Anthem grows net income 21% in Q3
Indianapolis-based Anthem reported higher net income in the third quarter of fiscal year 2017 as revenues grew. 

3. Medicare Advantage startup, backed by former HHS leader, gets $62M in funding round
Waltham, Mass.-based Devoted Health, a Medicare Advantage startup created by former athenahealth leaders, raised $62 million from investors, according to a Securities and Exchange Commission filing. 

4. Centene revenue rises nearly 10%; profits beat analyst estimates
St. Louis-based Centene saw profits surpass analyst predictions as revenue increased in the third quarter of fiscal year 2017.

5. Rural Oklahoma hospital to go out-of-network with BCBS over proposed 30% reimbursement cut
Stigler, Okla.-based Haskell County Community Hospital said it will have to stop accepting Blue Cross and Blue Shield of Oklahoma policies as in-network if the insurer goes through with proposed rate cuts.

6. UnitedHealth to add 500 jobs in Kansas, with 150 heading to OptumRx
Minnetonka, Minn.-based UnitedHealth Group will hire 500 employees in Kansas.

7. Boulder Medical Center, Humana roll out value-based payment model
Boulder (Colo.) Medical Center and Humana launched a value-based healthcare delivery model for Humana Medicare Advantage policyholders in Colorado.

More articles on payer issues:
Anthem to pick up another Florida Medicare Advantage plan
U of Virginia Health System, Aetna launch co-branded Medicare Advantage plan
Anthem grows net income 21% in Q3

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