Providence Health Plan, the insurance division of Providence Health & Services in Oregon, has laid off about 4% of its workforce, citing ongoing financial challenges across the broader insurance ...

Since taking on the role of CEO in January 2025, Erik Wexler has openly addressed Providence’s headwinds by taking several decisive actions to ensure financial sustainability: placing a freeze on ...

Providence posted a $21 million operating loss (-0.3% operating margin) for the second quarter of the year as elevated volumes and revenues outpaced year-over-year expense increases. The operating ...

Prior authorization has been a bone of contention between payers and providers for some time now. Payers argue that it helps avoid unnecessary care and reduces costs, while providers say it creates ...

PORTLAND, Ore., Oct. 1, 2024 /PRNewswire/ -- Providence Medicare Advantage Plans will offer high-quality, community focused, and comprehensive healthcare benefits through, non-profit Providence Health ...

BEND, Ore. (KTVZ) -- Citing “significant industry challenges,” Providence Health Plan will no longer offer its Medicare Advantage supplemental plan to Deschutes County residents as of Jan. 1, leaving ...