Cigna Explores Selling Medicare Advantage Business, Biden Admin Overhauls Surprise Billing Resolution, UHS Beats Expectations with Patient Volumes, Medicare Reforms in 2023 and Beyond

Cigna is considering selling its Medicare Advantage business as the U.S. government tightens reimbursement. The potential divestment could fetch several billions of dollars. The Biden administration is overhauling the surprise billing resolution process to make it more efficient. UHS beats Wall Street expectations with rising patient volumes, but strained relations with payers and redeterminations impact earnings. Medicare reforms in 2023 and beyond aim to improve accessibility and affordability.