Selling its MA business may be Bright Health Group’s only option

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Top Story Selling Its MA Business May Be Bright Health Group's Only Option, Experts Say Bright Health Group said last week it is "exploring strategic alternatives" for two Medicare Advantage plans in California: Brand New Day and Central Health Plan, which the insurtech purchased several years ago for $500 million. One expert said selling is necessary as the company faces bankruptcy. Sponsored Content What Do Payers Need to Help Value-Based Contracting Deals for Novel Therapies Succeed? Presented by MedCity News & Abarca Health A panel discussion at the annual Abarca Forward conference in Puerto Rico last month sought to identify some of the innovative financial approaches that can be applied to managing the high price of novel therapies. Conversations also addressed what payers need for these financing models to be sustainable. Learn More >> Final Day to Save $200 Hurry, today is your final chance to save $200 on INVEST 2023. Don't miss this opportunity to connect and network with the industry's best investors, startups and more.  Register Now!

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MedCity INVEST Ask the Investor Spotlight: Rachel Kern of First Trust Capital Partners Ask the Investor sessions at MedCity INVEST at the Ritz Carlton in Chicago May 22-24 offer opportunities for startups to talk with investors in intimate settings. Spots are limited so register today! Report: Noncitizens Will Account for One-third of Uninsured Population in 2024 A recent Urban Institute report found that the uninsurance rate for nonelderly people who aren't citizens will be 39.2% in 2024, about four times higher than it is for the entire U.S. population at 9.8%. Mount Sinai Doctors Vote to Strike Over Pay, Benefits Disparities Resident physicians at Mount Sinai's Elmhurst Hospital in Queens have voted to authorize a strike. The union that represents these residents has noticed significant disparities in Mount Sinai's compensation and benefits when compared to the resident physicians employed at the health system's flagship hospital in Manhattan. VC Identifies 3 Startups That Will Shake Up the Future of Cancer Care Oncology Ventures recently announced investments in three cancer startups — VivorCare, Gabbi and Health Universe. The fund's founding partner said each company demonstrated an ability to tackle a specific problem within the cancer care space, such as enabling earlier breast cancer diagnoses and providing personalized care plans for cancer survivors.

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Season 2 of MedCity Pivot Podcast Launches with Conversation of Zephyr AI CTO This season, we will be focusing on artificial intelligence in healthcare. Our very first interview is with Jeff Sherman, chief technology officer of Zephyr AI, a company that aims to transform precision medicine from diagnostics to treatment. How exactly does it plan to do that? Listen to find out.  Listen Now

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