Guess who would be the buyer of EviCore. Maybe UHC, or CVS?
9 replies (most recent on top)
@fq Really of big 5 large for-profit health insurance corporations need to have their Medicare & Medicaid contracts taken away by the government. These corporations have milked and taken advantage of a system that has propped up these corporations that are not only fulfilling their end of the bargain.
The whole reason for these cooperations administering Medicare Advantage, in lieu of Traditional Medicare was to help keep costs from getting out of hand by guarding against fraud, waste, and abuse. But instead of fulfilling THAT mandate, these corporations are lining c-suite executives and shareholder’s pockets with millions of dollars, all the while in denying catastrophic health claims to the elderly, poor, and disabled AND displacing its own American citizen workforce with cheaper temporary H-1B Visas. And these corporations are not even dealing with the fraud, waste, and abuse. But they are denying legitimate claims.
These for-profit corporations would not even exist if not propped up by American tax payer monies. And yet they continue to layoff their very own country’s (Americans) workers, some of which even served their country during wars. This is a slap in the face to this country!
@fn yes, tear it down, “Lead to one” person is left to turn off the light 😀
There is most likely a massive layoff on the Cigna Group, no matter what else may transpire.
Guessing it’s most likely a massive layoff on EviCore prior to the sale, no matter who is the buyer.
@ay it’s all about access to the data for what they truly want to build….
Could also consider a venture capital firm, although they may not like the level of regulation to go with it.
@a6 Why would Amazon want to get into this business that has no future??? It’s being regulated out of existence.
Probably Elevance or Optum since they both already have their own medical benefits management/UM businesses. They could just fold EviCore into their existing operations.
I don't see CVS Aetna wanting to get into that business right now since there is so much regulatory pressure on prior authorization.
Amazon Health Services