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Medicare Advantage headwinds didn't prevent payers from turning a profit in 2023

FierceHealthIT

Though a spike in utilization among seniors slammed payers last year, particularly in the fourth quarter, each of the six major national firms turned a profit in 2023. Though a spike in utilization among seniors slammed payers last year, particularly in the fourth quarter, each of the six major national firms turned a profit in 2023.

Medicare 119
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Physician pay rose a modest 3% in 2023. Here are the specialties that saw the biggest gains

FierceHealthIT

Any contentment about compensation gains was undercut by the effects of high inflation rates throughout 2023 and Medicare reimbursement cuts, according to Medscape's 2024 physician compensation report.

Medicare 131
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Devoted Health closes out 2023 with $175M series E funding round

FierceHealthIT

Tech-enabled Medicare Advantage startup Devoted Health is closing out 2023 with $175 million in fresh funding, marking one of the largest funding rounds of the year. Tech-enabled Medicare Advantage startup Devoted Health is closing out 2023 with $175 million in fresh funding, marking one of the largest funding rounds of the year.

Medicare 130
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Editor's Corner—Fierce Healthcare's 10 most-read stories of 2023

FierceHealthIT

Physician pay and workforce issues were top of mind for Fierce Healthcare readers in 2023. Physician pay and workforce issues were top of mind for Fierce Healthcare readers in 2023.

Medicare 122
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Editor's Corner—Fierce Health Payer's top 10 stories of 2023

FierceHealthIT

Among our most-read stories of the year, one topic clearly rose to the top: Medicare Advantage. Many of the most-read health insurance stories from Fierce Healthcare in 2023 center on Medicare Advantage.

Medicare 115
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Medicare paid out $31.2B in improper payments for FY23, CMS says

FierceHealthIT

Traditional Medicare paid out an estimated $31.2 billion in improper payments in fiscal year 2023, according to new data from the federal government. |

Medicare 131
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Clear Arch Health at Becker’s Payer Issues Roundtable, 2023

Clear Arch Health

2023 Becker's Payer Issues Roundtable | Chicago, IL | Nov. 2023 Becker's Payer Issues Roundtable | Chicago, IL | Nov. In addition to having a strong focus on the larger issues facing payers, and health plans such as Medicare Advantage (quality improvement, member acquisition/retention/satisfaction, profitability etc.),