Anthem boosts forecast after Q3 jump in earnings, revenue
Indianapolis-based Anthem Inc. added more Medicare customers and continued to clamp down its biggest expense, benefit payouts, in the third quarter.
Elevance
Articles
Insurer Anthem agrees to pay record $16M for massive data breach
The nation’s second-largest health insurer has agreed to pay the government a record amount to settle potential privacy violations in the biggest known health care hack in U.S. history, officials said Monday.
Thousands of insurance appeals went to doctor feds say is fraud
Former orthopedic surgeon Spyros Panos seemed like a successful orthopedic surgeon, but he’s accused of a decade-long stretch of criminal activity that netted him millions of dollars. Among the companies that indirectly used Panos' services was Indianapolis-based Anthem Inc.
Anthem data-breach judge OKs huge fee award, but not as much as attorneys wanted
Plaintiffs' attorneys sought $38 million in legal fees after reaching a $115 million settlement with the Indianapolis-based health insurer last year.
Anthem hikes 2018 forecast after better-than-expected quarterly earnings
Lower medical expenses, acquisitions and enrollment gains helped profit rise 23 percent for the Indianapolis-based insurer in the second quarter.
Anthem drops plan to rip up front lawn for executive parking
The Indianapolis-based health insurer said that after considering public feedback, it decided “to pursue an alternative solution to meet its parking needs.”
Anthem could take big hit from halt to risk-adjustment payments
The Trump administration’s decision to suspend some Obamacare payments could help a few health insurers, but one of them isn’t going to be Indianapolis-based Anthem Inc., which stands to lose hundreds of millions of dollars.
How sky-high deductibles have hurt consumers and America’s health insurance system
Many families are hard-pressed to meet soaring deductibles and have put off routine care or skipped medication to save money. The resulting health problems can be enormously costly for the medical system.
Anthem seeks to use downtown green space for 60-space exec parking lot
The insurer is asking for a zoning variance to install a fenced-in lot covered by solar panels on a grassy space off Virginia Avenue.
Anthem to acquire palliative care provider
The purchase is part of the insurance giant’s strategy of bringing provider assets in-house.
Anthem’s pharmacy-benefits-management unit off to bumpy start
Brian Griffin, the leader of Anthem’s new PBM, IngenioRx, quit on May 8 with no warning to become CEO of Michigan-based Diplomat Pharmacy. Now Anthem is scrambling to adjust.
Anthem’s top drug executive steps down after just two months
Brian Griffin, CEO of Anthem’s start-up drug unit, IngenioRx, is leaving the Indianapolis-based insurer to become CEO of Diplomat Pharmacy in Michigan.
Bid of $6.5B for Athenahealth might be ploy to lure other bidders, including Anthem
Shares in Athenahealth Inc. surged the most since 2016 after activist investor Elliott Management Corp. bid to acquire the medical company for $160 a share.
Anthem’s earnings jump 30 percent on lower medical expenses
Indianapolis-based insurer Anthem Inc. hiked its 2018 forecast after it topped Wall Street expectations with its first quarter performance.
Class-action lawyers rebuked over Anthem fee request
A federal judge has put off deciding whether to approve the $115 million data-breach settlement and has appointed a special master to closely scrutinize the request for $38 million in attorney's fees.
Anthem among health care’s biggest gainers from federal tax cuts
Four of the 20 biggest health-care companies in the Standard & Poor’s 500 Index saw a benefit from the tax overhaul in the fourth quarter. Among them was Indianapolis-based Anthem Inc.
Anthem agrees to $1.6M settlement over autism therapy
Insurance company Anthem Inc. has agreed to settle a federal lawsuit filed by Indiana parents who were denied coverage for therapy for their children with autism.
Anthem stays on sidelines amid blitz of megadeals
Business history is littered with colossally bad mergers that seemed brilliant at the time. So the insurer might benefit from avoiding the temptation to follow the current trend. Or it could get left in the dust.
Anthem members face bigger bills at local micro-hospitals
The Indianapolis-based insurer is telling members that those small, freestanding hospitals are out of its network and could be much costlier to use.
Health insurer Cigna buying Express Scripts for $52 billion
Health insurer Cigna is buying the nation’s biggest pharmacy benefit manager, the latest in a string of proposed tie-ups as health care’s bill payers attempt to get a grip on rising costs.