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Humana 2024 Profits Hit $1.2 Billion As Insurer Exits Unprofitable Medicare Markets

Forbes Healthcare

billion in 2024 profits that included a $693 million fourth quarter loss as the health insurer exits unprofitable Medicare Advantage markets. Humana Tuesday reported $1.2

Insurance 299
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UnitedHealth Group 2024 Profits Hit $14 Billion Despite Cyberattack, Rising Costs

Forbes Healthcare

billion in 2024 profits as its UnitedHealthcare health insurance and Optum provider services overcame rising costs and a cyberattack. UnitedHealth Group reported $14.4

Insurance 318
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Elevance Health 2024 Profits Hit $6 Billion Despite Rising Costs

Forbes Healthcare

Elevance Health reported nearly $6 billion in 2024 profits including $418 million in the fourth quarter as the health insurer worked to overcome rising medical expenses.

Insurance 307
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CVS Health 2024 Profits Eclipse $4.6 Billion Despite Rising Costs

Forbes Healthcare

billion in 2024 profit including $1.6 billion in the fourth quarter as its health insurance business works to overcome rising medical expenses. CVS Health reported $4.6

Insurance 290
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MEDVA Awarded Healthcare Virtual Assistant Company of 2024

MedVA

HENDERSON, NV – November 2024 – MEDVA, a pioneering leader in healthcare virtual staffing solutions, has been awarded Healthcare Virtual Assistant Company of the Year 2024 by Healthcare Business Review (HBR). For more information, visit www.MEDVA.com.

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Highmark Blue Cross Reaps $417 Million Profit As Health Plans And Providers Grow

Forbes Healthcare

Highmark Health, parent of Blue Cross and Blue Shield plans in four states, reported a $417 million profit for the first half of 2024 on insurance and provider growth.

Insurance 284
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Verisource Services Increases Data Breach Victim Count to 4 Million

The HIPAA Journal

Verisource Services, an employee benefits administration service provider, has determined that a previously announced data breach was far worse than initially thought and has affected up to 4 million individuals.The Houston, Texas-based company detected a hacking incident on February 28, 2024, that disrupted access to some of its systems.

HIPAA 110