Elevance shares rise after third-quarter revenue jumps 12% year-over-year
The company cited growth in its health benefits unit, which is includes individual and employer coverage, Medicare, Medicaid and federal employee program businesses.
Elevance
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Elevance Health’s potential $2.7B purchase of health insurer off table
A major Louisiana health insurer’s plan to reorganize and sell itself to Indianapolis-based insurance giant Elevance Health was shelved after critics of the sale voiced various concerns over the proposal.
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Anthem pays $4.5M to Indiana hospitals in ER billing dispute
An arbitrator ordered the payments, and the hospitals say they can claim at least another $12 million from Anthem for tens of thousands of additional claims that it says the insurer has downgraded and not paid in full.
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Anthem paying $594M to settle antitrust litigation, but deal terms might fuel growth
Paying a half-billion-dollar settlement might seem painful, but health care observers say resulting changes to Blue Cross Blue Shield rules are so favorable to Anthem’s growth prospects that the deal is a huge win.
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Record profits for Anthem, other health insurers, raise hackles
Many health insurers are reporting second-quarter earnings double what they were a year ago, as Americans are putting off expensive surgeries and even routine office visits during the pandemic.
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Indy health care workers take hands-on approach to ‘food as medicine’ concept
At the 5,000-square-foot Roche Community Garden, Roche employees grow tomatoes, strawberries, watermelons and a variety of peppers to be provided to low-income patients.
Elanco spearheads Nutrition Secure Indianapolis initiative to provide food aid to west-side families
As the Greenfield-based animal health company prepares to move into its new neighborhood, it’s working with community partners to help ensure some of its new neighbors have adequate food access.
Indiana Chamber will no longer have Anthem as provider for small-business health coverage
The two organizations disagree on the source of the conflict, which is resulting in a new insurance provider covering those enrolled in the Chamber’s pooled coverage plan.
Elevance cuts outlook as higher costs weigh on industry
Elevance’s membership declined slightly from the first quarter, with drops in Medicaid and fewer people purchasing Affordable Care Act plans.
Elevance investors reject pro-DEI shareholder proposal
Diversity, equity and inclusion, or DEI, efforts have become a debated topic in the corporate world and beyond this year.
Elevance posts first-quarter gains after top rival struggles
Weaker results posted this month by top rival UnitedHealth had raised concerns for others in the sector.
Elevance Health faces shareholder proposal on DEI practices
In its response to the proposal, Elevance touted that its “workforce embodies a multitude of dimensions.”
Elevance Health faces mix of hurdles
For Elevance Health and other big insurers, 2024 devolved into something of an annus horribilis over the year’s final weeks. And 2025 holds more challenges but also an opportunity for a rebound.
UPDATE: Elevance Health shares tick up on better-than-expected earnings
The company also reported higher medical expenses, mainly from its Medicaid business.
Elevance completes IU Health Plans acquisition
IU Health Plans operates employer plans and Medicare Advantage plans in 36 counties.
Downtown’s largest employers bet on hybrid work
Cummins, Rolls-Royce, Eli Lilly and Co., AES and Elevance Health are among the city’s largest downtown employers and all say most of their workers have the option of working at home at least part of the time.
Elevance Health buys Louisiana insurer, pushing operations into 15th state
The two companies said the combination builds on a seven-year collaboration in Louisiana through joint ownership of Healthy Blue, which serves Medicaid and Medicare Dual Eligible members.
Anthem Inc. to change corporate name to Elevance Health
The Indianapolis-based health insurer said the name change will better reflect its mission of “elevating whole health and advancing health beyond healthcare.”
Anthem underwhelms Wall Street with 2022 forecast
The Blue Cross-Blue Shield health insurer on Wednesday laid out earnings, revenue and enrollment projections for this year that all fell short of average analyst expectations.
Appeals court again affirms on rehearing in ex-Anthem exec’s suit
Members of the Indiana Court of Appeals haven’t changed their minds in a case involving a fired Anthem executive’s failed appeal of a jury verdict for the insurance company,
Owner of former Anthem HQ exploring converting some space to parking
As the downtown office market enters a post-pandemic period of volatility, the owner of the 213,600-square-foot building on Monument Circle is studying the cost of renovations to make it more alluring to would-be tenants.
Anthem sued for denying claims for electrical stimulation to treat pain
The Indianapolis-based insurer says the treatments are “investigational”—or still under clinical study—but a California woman claims the electrical stimulation is FDA-approved and supported by numerous studies.
Justice Department suit alleges Anthem overbilled in its popular Medicare Advantage plans
The Indianapolis-based health insurer is accused of falsely certifying the accuracy of incorrect diagnosis data from doctors and other health providers over four years.
Anthem’s fight with doctors shows risks for surprise-billing fix
Doctors fighting a reimbursement battle with one of the biggest U.S. health insurers want to make sure that ending surprise medical bills doesn’t come at the expense of their pay.