Boston Medical Center, Partners look to state as insurance losses mount

Boston Medical Center’s operating gains in the nine months that ended June 30 were vastly overshadowed by losses within its health insurance subsidiary, largely due to ongoing state health policy and operational problems and a volatile regulatory environment. HealthNet Plan, which provides subsidized insurance through Boston Medical Center, reported a net $24 million loss during the same nine-month period. During the same span, BMC said its core care operations booked a $4.8 million operating… Reported by bizjournals 3 hours ago.