Select Medical to Acquire Concentra from Humana

Posted by & filed under Humana.

Humana acquired Concentra in 2010 as a part of a move to expand it’s access for it’s integrated care delivery model.  Humana is selling Concentra to a Joint venture of Select Medical and an equity partner.  Humana commented that they believe that primary care is a better fit for their integrated care, as opposed to…

HealthPlus of Michigan Placed on CMS Sanctions

Posted by & filed under Michigan.

HeatlhPlus of Michigan is a regional health plan with a little under 10,000 Medicare advantage members in Michigan.  Last week, CMS placed them on immediate marketing sanctions due to a Notice and Order of Supervision that was placed on HealthPlus of Michigan by the Michigan Department of Insurance and Financial Services.  Here is a link…

Anthem Profit Soars, Expects Strong 2015

Posted by & filed under Anthem, Wellpoint.

Anthem reported over $500 million in profit for the fourth quarter of 2014.  Anthem benefited from an improved loss ratio and rate increases on existing business.  Anthem’s overall Medicare advantage business was down sharply, however, this was primarily due to the loss of a large group.  Individual Medicare advantage fared better.  Further, Anthem acquired a…