Alphabet’s Verily to sell Granular insurance business to Elevance Health

Alphabet’s Verily to sell Granular insurance business to Elevance Health

Verily headquarters in San Bruno, California. Courtesy: Verily Verily is selling its stop-loss insurance subsidiary, Granular Insurance Company, to the insurance provider Elevance Health, the Alphabet health tech company confirmed to CNBC on Thursday. Verily is one of Google’s sister companies and operates within Alphabet’s “Other Bets” category. The Granular sale is the latest in…

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Private equity reduces patient care while enriching investors, Senate report finds

Private equity reduces patient care while enriching investors, Senate report finds

A year-long bipartisan Congressional investigation into two private equity-backed U.S. hospital systems found that patient care deteriorated at both operations as their private equity owners reaped significant payouts on their investments in the systems. The findings reinforced academic research showing how private equity healthcare investments harm patients while enriching investors.  The investigation was helmed by two senators…

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Federal prosecutors considering charges against Luigi Mangione in insurance CEO’s death

Federal prosecutors considering charges against Luigi Mangione in insurance CEO’s death

Suspected shooter Luigi Mangione is led from the Blair County Courthouse after an extradition hearing December 10, 2024 in Hollidaysburg, Pennsylvania.  Jeff Swensen | Getty Images Federal prosecutors are looking into whether to charge Luigi Mangione, the suspect in the killing of United Healthcare’s CEO, two sources familiar with the matter told NBC News on…

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Luigi Mangione indicted on murder charges for shooting of UnitedHealthcare CEO Brian Thompson

Luigi Mangione indicted on murder charges for shooting of UnitedHealthcare CEO Brian Thompson

Luigi Mangione, 26, a suspect in the New York City killing of UnitedHealth executive Brian Thompson, is escorted after an extradition hearing at Blair County Court House in Hollidaysburg, Pennsylvania, on Dec. 10, 2024. Eduardo Munoz | Reuters A New York grand jury indicted Luigi Mangione on charges of murdering UnitedHealthcare CEO Brian Thompson, the…

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Luigi Mangione charged with murder of UnitedHealthcare CEO Brian Thompson, court record shows

Luigi Mangione charged with murder of UnitedHealthcare CEO Brian Thompson, court record shows

Booking photo of Luigi Mangione. Pennsylvania Department of Corrections New York prosecutors on Monday charged Ivy League grad Luigi Mangione with the murder of UnitedHealthcare CEO Brian Thompson, court records show. The charge came hours after Mangione, 26, was arraigned in a Pennsylvania courtroom on gun and other charges related to his arrest earlier Monday…

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