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Elevance Health Faces Medicaid Issues, Lowers Projections

Elevance Health Faces Medicaid Issues, Lowers Projections

Elevance Health Inc. Stock Decline Elevance Health Inc. (NYSE: ELV) saw its stock drop by nearly 12% on Thursday after the company reported adjusted revenues for the second quarter of 2025 that fell short of expectations. This has led to a significant downgrade in the full-year guidance, despite some notable revenue growth. In its latest […]

Pharmacy owner in New Jersey confesses to cheating Medicare and Medicaid out of $175K

Pharmacy owner in New Jersey confesses to cheating Medicare and Medicaid out of $175K

Pharmacy Owner Pleads Guilty to Health Care Fraud The proprietor of a specialty pharmacy in Linden has confessed to orchestrating a scheme that defrauded Medicare and Medicaid out of more than $175,000. Thomas Conzo, 49, from Staten Island, New York, entered a guilty plea related to health care fraud, as confirmed by officials from the […]

New report indicates that cuts to Medicaid might result in thousands of deaths.

New report indicates that cuts to Medicaid might result in thousands of deaths.

Medicaid Cuts Impact Assessment A recent report indicates that cuts to Medicaid outlined in President Donald Trump’s domestic policy bills could result in over 1,000 deaths annually. The study also suggests nearly 100,000 hospitalizations might occur each year, potentially causing up to 1.6 million individuals to delay seeking necessary care. This outlook appears to contradict […]

What effects might Medicaid changes have on you and your rural hospital?

What effects might Medicaid changes have on you and your rural hospital?

Baton Rouge, La. About 40% of residents in Louisiana qualify for Medicaid. State legislators mentioned that a two-year pause on funding cuts provides ample opportunity for addressing potential hospital closures, particularly in rural areas. The cuts involve a limit on the increase of the provider’s tax cap, which funds the Medicaid program. This cap is […]

Dr. Oz Offers Unusual Health Care Tips to Americans Who Are Losing Their Medicaid

Dr. Oz Offers Unusual Health Care Tips to Americans Who Are Losing Their Medicaid

Former TV Doctor’s Unusual Health Advice Sparks Social Media Reaction On Monday, former TV doctor Mehmet Oz shared some striking—and, some might say, questionable—advice for those facing the potential loss of Medicaid. Oz emphasized that programs like Medicare and Medicaid are meant to support Americans who are financially struggling or require healthcare due to age-related […]