Orthopedic providers have filed a federal lawsuit against Elevance, UnitedHealthcare, and other insurers, alleging a multibillion-dollar price-fixing scheme with MultiPlan to suppress out-of-network payment rates to doctors. The complaint claims that insurers collectively outsource rate-setting to MultiPlan, violating antitrust laws, while MultiPlan"s algorithmic compensation determination is described as a facade for traditional price-fixing. The lawsuit seeks class action status, a jury trial, and a judgment declaring the conduct unlawful.
Multiple healthcare organizations are facing significant layoffs due to financial challenges. Texas Children's Hospital is cutting 1,000 jobs, while Novant Health plans to lay off 171 workers, and University Hospitals will eliminate over 300 positions. Other systems, including CarePoint and Kaiser Permanente, are also restructuring or closing facilities, leading to further job losses.
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