Cigna (NYSE: CI) has continued to expand its behavioral health segment, and the investment is paying off. Evernorth, Cigna’s health service division, launched a new behavioral health group earlier this year focusing on measurement- and value-based care. According to Cigna’s CEO David Cordani, the new behavioral health group has already started to deliver positive results. […]
Cigna
Behavioral health and physical health integration continue to be a top focus for major payers nationwide. This morning, Cigna (NYSE:CI) hinted that coordinated care will continue to be an essential area for its health service division, Evernorth, in the future. “Behavioral care continues to be an area of focus, and there’s a meaningful opportunity for […]
After a tumultuous 2023, 2024 may be a steadier year for the behavioral health industry. While behavioral health deals slipped in 2023, Behavioral Health Business expects M&A to pick up this year as interest rates fall and the economy stabilizes. Still, the M&A craze of 2021 is unlikely, and mega deals will be scarce. This […]
An industry-redefining merger of Humana Inc. (NYSE: HUM) and The Cigna Group (NYSE:CI) is reportedly in the works. The deal, if completed, would create a massive company that spans nearly every segment of the health insurance industry. It would also create a formidable clinical and health services division prominently featuring behavioral health. Late Tuesday, a […]
Cigna’s employer customers are demanding more behavioral health services as rates of anxiety and depression among employees continue to soar. Earlier this year, the company announced that it expanded its behavioral health provider network by 30%, and these efforts are likely to continue. “As we look forward to 2024, we know that in addition to […]
As part of one of the country’s largest ‘payvider’ organizations, Evernorth is positioned to help set the course for the future of integrated and measurement-based care in behavioral health. Evernorth is the health service division of large payer group Cigna (NYSE: CI). It offers a wide range of behavioral health and substance use disorder services. […]
The Cigna Group (NYSE: CI) has seen a historic but expected rise in behavioral health benefits utilization in recent years. These insights, presented by the health care insurance and service conglomerate’s executives, echo others made by UnitedHealth Group (NYSE: UNH) executives on their second-quarter earnings call. “As it relates to what we’re seeing in terms […]
The Cigna Group (NYSE: CI) expanded its behavioral health provider network by 30% in 2022, doubling its size in the past four years. The Bloomfield, Connecticut-based health insurance and service giant also nearly doubled the size of its virtual care network, according to its latest impact report. The Cigna Group now engages more than 300,000 […]
Eating disorders often go untreated. And when treated, it’s typically during a crisis, driving up care costs. But value-based care models could help lower the total cost of care by providing access to lower-acuity treatment and integrated care teams. Payers expanding access and wrap-around services to patients with an eating disorder often see cost savings […]
Cigna (NYSE: CI) is leaning into virtual health to help connect patients to behavioral health care sooner and better match clients to therapists. In fact, at the JP Morgan Health Care conference yesterday Cigna CEO David Cordani noted that the company projects 40% of all health care will be able to be delivered fully virtually. […]
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