Shelby Livingston

Fast-growing insurers Bright Health, Clover Health, and Oscar Health have shifted their strategies toward making money.

Discount retail chain Dollar General is piloting mobile clinics, as part of its push into the $4.3 trillion healthcare industry.

Elevance is planning to buy Blue Cross and Blue Shield of Louisiana. It would allow the insurer to push more members to its non-insurance businesses.

Oscar, Bright, and Clover wanted to disrupt health insurance. But it’s a hard business to break into, and mistakes kept them from upending much.

Alignment Healthcare CEO John Kao said that instead of growing at all costs, he’s focused on pursuing high-quality ratings and a good care model.

Humana CEO Bruce Broussard will step down next year after more than a decade leading the health-insurance giant.The Louisville, Kentucky-based company said Wednesday that it has chosen Jim Rechtin, the CEO of physician-staffing firm Envision Healthcare, to succeed Broussard in the second half of 2024.Until then, Rechtin, 52, will serve as Humana’s president and chief operating officer, beginning January 8. Broussard, 61, will serve as a strategic advisor to the company into 2025.In an exclusive…

As more people seek out expensive drugs that help with weight loss, their companies are facing difficult decisions about whether to pay for them.For some companies, it just doesn’t make financial sense, an executive at private equity giant Blackstone said Tuesday during a panel discussion at the HLTH conference in Las Vegas.Andreas Mang, the CEO of Equity Healthcare, a division of Blackstone, said spending on these diabetes and weight-loss drugs, known as GLP-1 agonists, spiked 600% across Black…

Weight-loss startup Calibrate is selling itself to the private equity firm Madryn Asset Management, Insider has learned.The sale was announced in a Slack message to the startup’s staff on Friday, according to two employees with direct knowledge. The price and other terms of the deal couldn’t immediately be learned.The startup, which prescribes weight-loss drugs like Ozempic and Wegovy in combination with coaching, is planning to restructure its business as part of the sale, according to the Slac…

The way Dan Miller told it, his startup Spora Health was crushing it, providing high-quality care to “thousands” of people online. But now he’s backtracking, after Insider’s reporting found Spora to be struggling after laying off its workers.Miller founded the Bay Area startup in 2019 to take on a serious problem: In the US, people of color tend to have worse healthcare experiences and outcomes than white people. He said he wanted to erase these disparities by training healthcare providers in bi…

Facing the threat of bankruptcy, weight-loss startup Calibrate was forced to make a tough deal with private equity firm Madryn Asset Management, according to company documents reviewed by Insider.Under the terms of the deal, Madryn took a 70% stake in Calibrate in exchange for just $20 million, the documents show. Madryn had already lent the troubled weight-loss startup more than $60 million, giving it leverage to dictate the terms of the transaction.Insider first reported on October 20 that Cal…