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Hospitals brace for Medicaid cuts, Humana’s latest Medicare doctor bet

Bob Herman , 2025-07-14 15:53:00

Bob Herman covers health insurance, government programs, hospitals, physicians, and other providers — reporting on how money influences those businesses and shapes what we all pay for care. He is also the author of the Health Care Inc. newsletter. You can reach Bob on Signal at bobjherman.09.

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Last week, my wife, son, and I met some friends at a local festival, and I beat the carnival workers at their own game: popping seven balloons with seven darts. The prize: a large stuffed Charmander that had captured the grime of the outdoors for who knows how long. But whatever, my son and I were pumped. What’s your favorite part of a festival? The rides that seem as if they will fall apart at any moment? The deep-fried everything? The people-watching? Let me know: [email protected].

The $871 million at risk for Banner Health

My colleague Tara Bannow tuned into Banner Health’s investor call last week (yes, nonprofit hospital systems have “investors” of sorts). Banner’s finance team disclosed an eye-popping number: $871 million. That’s how much the 33-hospital Banner collected in 2024 from two Medicaid funding programs that are headed for major cuts under the tax law Republicans just passed.

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