The proposed sale of Blue Cross Blue Shield of Louisiana to Elevance Health is off. Louisiana Insurance Commissioner Tim Temple says his office received word last night from Blue Cross that it decided to withdraw its plan to merge with Elevance.
This is the second time Blue Cross has decided not to move forward with a merger with Elevance. Blue Cross CEO Steve Udvarheyli (Ood-ver-high) told lawmakers he’s concerned about the future of Blue Cross, because healthcare costs are rising faster than the premiums it charges. UNO Department of Economic and Finances Chair Walter Lane says it’s a legitimate concern and it’s why they need a partner.
Cut 12 (07) “… changing marketplace.”
A two-day public hearing about the merger was canceled this morning.
Shreveport Police have arrested 27-year-old Deanthony Griffin in connection with the fatal shooting of a one-year-old Sunday. Griffin is charged with one count of second-degree murder. Chief Wayne Smith says through the help of the community and dedicated detectives they were able to make a quick arrest. They are asking anyone else with information about the shooting that happened in the 500 block of East Stoner Avenue to come forward, the investigation is ongoing.
Willis Knighton Health System is celebrating its 100th birthday and marking the occasion with a new name, and logo. President and CEO Jaf Fielder says the word system implies a building and he says they are much more than a facility, so their new name is Willis-Knighton Health.
Last year, Willis Knighton Health was ranked the number-one hospital in the state by Newsweek magazine.