06 May Health Data News Roundup: Shifting the Payer Landscape with Health Tech; Crafting Population-Specific Health Plans; and Humana Reports MA Growth

Welcome to the Health Data Weekly News Roundup from IMAT Solutions. As the power of data continues to grow in the healthcare arena, today’s care organizations need to be on the forefront of all news and trends to help ensure that their data analytics efforts deliver accountable and informed care. Each week, we will provide you with the actionable news you need to meet these goals.

How do Medicare Advantage Insurers Craft Population-Specific Health Plans?
Medicare Advantage insurers should prioritize data collection and provider collaboration when establishing population-specific health plans, according to this recent Health Payer Intelligence article.

Humana Reports Medicare Advantage Growth, Income Gains in Q1 2024
Humana added 50,000 individual Medicare Advantage beneficiaries and reported a net income of $741 million in the first quarter of 2024. Full-year consolidated revenues are expected to be $113 billion and individual Medicare Advantage membership is projected to grow by 150,000.

Boston Children’s Hospital Joins Blue Cross Blue Shield of Massachusetts’ Pay-for-Equity Model
Blue Cross Blue Shield of Massachusetts announced that Boston Children’s Hospital is now part of the health plan’s pay-for-equity financial payment model.

UnitedHealth, Walmart Halt Shared Medicare Advantage Plan
A co-branded Medicare Advantage plan offered by UnitedHealthcare and Walmart will come to an end amid the retailer’s decision to close its health centers and end virtual care services, according to Becker’s Payer Issues.

Employers Want Cost-Effective Partners for Contracted Healthcare Services
When working with firms providing employer-sponsored healthcare services, employers want partners who reduce costs, improve health outcomes, and foster strong relationships with clients, according to a KLAS report.

Elevance Health Medicaid Plan Improves Housing Stability for NV Beneficiaries
Elevance Health’s Medicaid plan in Nevada provided short-term financial assistance to beneficiaries and partnered with a community-based organization to boost housing stability, according to a new report.

eBook: Shifting the Payer Landscape with Health Tech
A new eBook from HLTH and MedCity News looks ahead to how payers, providers and health tech companies are working together to improve healthcare delivery, patient outcomes, and lower healthcare costs.