Healthcare Payers / Providers Reports

December 17, 2025

Obamacare Subsidy Developments: Lots of Movement but Still in Same Place for Now; Path Remains for Subsidy Deal in 1Q

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Beth Steindecker

CNC (US), CYH (US), DVA (US), ELV (US), OSCR (US), THC (US), UHS (US)
December 10, 2025

HIMS Hit by SAFE Drugs Bill Headlines, But Low Enactment Odds in Near Term

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Beth Steindecker

HIMS (US), LLY (US), NVO (US)
December 4, 2025

ACA Situation Stuck in Place but We Remain Optimistic of Eventual HIX Deal with a Slipping Timeline

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Beth Steindecker

CNC (US), CYH (US), DVA (US), HQY (US), OSCR (US), THC (US), UHS (US)
November 30, 2025

Home Health: CY26 Medicare Cuts Softened; CY27+ Still Points to Small YoY Declines [PNTG, EHAB, BTSG, ADUS, AVAH, UNH]

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Beth Steindecker

ADUS (US), AVAH (US), BTSG (US), EHAB (US), PNTG (US), UNH (US)
November 26, 2025

Medicare Advantage Tech Changes Proposal: RFI Eases Risk Adjustment Concerns, Star Rating Changes Afoot [HUM, ALHC, UNH, CVS, ELV, PRVA, ASTH]

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Beth Steindecker

ALHC (US), ASTH (US), CNC (US), CVS (US), ELV (US), HUM (US), PRVA (US), UNH (US)
November 24, 2025

ACA HIX Fix: Enactment Odds Improve But Details TBD [OSCR, CNC, ACHC, THC, CYH, UHS, DVA, HQY]

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Beth Steindecker

ACHC (US), CNC (US), CYH (US), DVA (US), HQY (US), OSCR (US), THC (US), UHS (US)
November 23, 2025

ASC Wins in Final CMS Rate Rule, Slight Hospital Wins but Lingering Concerns

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Beth Steindecker

ARDT (US), CYH (US), HCA (US), SGRY (US), THC (US), UHS (US), UNH (US)
November 20, 2025

Dialysis: Modest Increase & Consistent Rates for Oral Phosphate Binders in Final Medicare Rule [DVA, FRE.DE, American Renal]

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Beth Steindecker

AKBA (US), CRMD (US), CSL (AU), DVA (US)
November 19, 2025

Finance Committee Hearing: Still Think ACA Subsidy Deal is More Likely Even If Late [OSCR, CNC, CYH, UHS, DVA, FMS, HQY, WBS]

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Beth Steindecker

CNC (US), CYH (US), DVA (US), HQY (US), OSCR (US), UHS (US), UNH (US)
November 17, 2025

CMS Provider Tax Guidance: More Details, But Not Necessarily Stricter or More Aggressive Interpretation [ARDT, CYH, HCA, THC, UHS, CNC, MOH, ELV]

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Beth Steindecker

ARDT (US), CNC (US), CYH (US), HCA (US), MOH (US), THC (US), UHS (US)