Finances: Page 3


  • Walgreens revamps its app.
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    Courtesy of Walgreens
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    Walgreens to pay Humana $360M to settle drug pricing dispute

    The settlement is a little over half of what Walgreens was originally ordered to pay, after an arbiter said the retail pharmacy chain overcharged Humana for prescription drugs for more than a decade.

    By Jan. 9, 2024
  • Sunny Kumar
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    Permission granted by GSR Ventures
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    Q&A

    ‘Healthy pullback’: GSR Ventures’ Sunny Kumar on normalizing digital health funding, accelerating M&A in 2024

    In part one of a three-part Q&A series, Sunny Kumar discusses digital healthcare investment, the landscape for M&A and when the public markets could open back up. 

    By Jan. 5, 2024
  • Trendline

    Healthcare Dive's Outlook for 2022

    As the country enters its third year of battling the COVID-19 pandemic, fault lines in the healthcare landscape are becoming more clear and long-term implications are becoming more evident.

    By Healthcare Dive staff
  • A picture of the exterior of a CVS Pharmacy with the logo and name in view.
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    Bruce Bennett via Getty Images
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    CVS names Tom Cowhey permanent CFO

    The company on Friday solidified what had been a temporary role for Cowhey, while sharing it expects enrollment in Medicare Advantage plans to exceed previous targets for 2024.

    By Jan. 5, 2024
  • Walgreens sign seen on January 2023
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    Michael M. Santiago via Getty Images
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    Walgreens nearly halfway through planned VillageMD clinic closures

    The pharmacy chain announced last quarter that it would exit clinics in underperforming markets as it focuses on driving profitability in its healthcare segment.

    By Jan. 4, 2024
  • A flag hangs above a marble sign reading "New York Stock Exchange." In the foreground, a street sign identifies Wall Street.
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    Michael M. Santiago via Getty Images
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    Cano accelerates turnaround plan after NYSE delisting notice

    The struggling primary care chain is now targeting $290 million in cost reductions by the end of this year.

    By Jan. 3, 2024
  • An illustration of a hospital and a medical corporate building pieced together like a puzzle.
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Opinion

    Predictions on 2024 healthcare M&A trends: What leaders need to know

    A shift in funding sources, new regulatory policies in Medicare and technology advances may influence M&A in the sector next year, according to Samantha Prokop from law firm Gunster, Yoakley & Stewart.

    By Samantha L. Prokop • Dec. 22, 2023
  • ign on Doorway for the Federal Trade Commission in Washington D.C.
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    LD via Getty Images
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    Antitrust enforcements hit a high in 2022, with health deals impacted

    The 2022 report comes after regulators finalized merger guidelines this week that could have a chilling effect on healthcare M&A.

    By Dec. 22, 2023
  • An image of a gavel and stethoscope.
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    AndreyPopov via Getty Images
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    UnitedHealth, OptumRx sued by independent pharmacy over ‘unconscionable’ fees

    Osterhaus Pharmacy in Iowa — which is also suing CVS Caremark — is taking issue with pharmacy benefit managers’ use of performance-based fees that it says are contributing to independent pharmacy closures.

    By Dec. 20, 2023
  • The exterior of the Nasdaq MarketSite in New York City.
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    Michael M. Santiago via Getty Images
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    Nasdaq says Veradigm won’t be delisted — for now

    A Nasdaq panel ruled the healthcare IT company wouldn’t be delisted from the exchange as long as it complies with financial reporting requirements by late February.

    By Dec. 14, 2023
  • Centene's headquarters in Clayton, Missouri, a suburb outside of St. Louis.
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    Samantha Liss/Healthcare Dive
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    Centene tries to quell concerns of ACA overhaul during investor day

    The Affordable Care Act has been under fire from Republican presidential candidates heading into an election year. But “once you giveth you cannot taketh away,” said the head of external affairs for the major marketplace carrier.

    By Dec. 13, 2023
  • m&a handshake
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    Natalie Meepian via Getty Images
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    KKR to acquire stake in healthcare data analytics firm Cotiviti

    The purchase would give private equity firm KKR and existing owner Veritas Capital equal stakes in the company.

    By Updated Feb. 16, 2024
  • CFOs should carefully assess their vendor choices to improve the quality of care for employees and decrease the cost curve.
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    Getty Images via Getty Images
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    Health costs grew in line with overall inflation in 2023, new Turquoise data shows

    The findings — some of the first from new price transparency data — illustrate how overall economic inflation could be catching up to faster health cost growth.

    By Dec. 12, 2023
  • Oracle Makes Hostile Bid For Rival Peoplesoft
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    ustin Sullivan / Staff via Getty Images
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    Cerner will be a ‘growth story’ for Oracle after this fiscal year

    Half of Cerner’s electronic health record customers will be on Oracle’s cloud infrastructure by February, leaders said on an earnings call. The transition has created some headwinds for the segment’s growth.

    By Dec. 11, 2023
  • An illustration of a large dollar coin with medical supplies flying in the foreground is positioned on an analysis tracking chart background.
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Boosted by federal funds, Mass General Brigham posts profit in FY 2023

    The Boston-based operator posted a $432 million operating loss last year.

    By Dec. 11, 2023
  • digital network
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    Visivasnc via Getty Images
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    Veradigm CEO, CFO step down amid financial reporting investigation

    The health IT company has failed to meet financial reporting requirements that could lead to its delisting.

    By Dec. 11, 2023
  • A Cigna logo behind a construction fence.
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    Matt Slocum/AP

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    Cigna pulls out of Humana deal: WSJ

    Cigna and Humana are abandoning merger discussions less than two weeks after news of the potential deal dropped, following a less-than-positive market reaction.

    By Dec. 11, 2023
  • Empty hospital hallway
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    FangXiaNuo via Getty Images
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    Steward Health Care to close Massachusetts hospital amid financial troubles

    The for-profit operator said low reimbursement rates and financial challenges will cause it to shutter the 182-bed facility.

    By Dec. 6, 2023
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    echoevg via Getty Images
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    Nonprofits’ 2024 outlook still ‘deteriorating,’ Fitch says

    Next year will be another “make or break” year for the nonprofit sector, with success determined by hospitals' labor agenda.

    By Dec. 5, 2023
  • CVS storefront
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    Scott Olson via Getty Images
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    CVS overhauls how its retail pharmacies charge for prescription drugs

    Under the new model, CVS’ pharmacy network will price drugs based on the amount the company paid for them, plus a defined markup and additional pharmacist fee.

    By Dec. 5, 2023
  • An illustration of a large dollar coin with medical supplies flying in the foreground is positioned on an analysis tracking chart background.
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Cleveland Clinic posts slimmer operating losses in Q3

    The Ohio-based health system struggled financially during its fiscal year 2022. However, rising patient demand has since cut the nonprofit’s operating losses.

    By Dec. 4, 2023
  • An illustration of a hospital and a medical corporate building pieced together like a puzzle.
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Lifepoint Health and Ascension Saint Thomas announce joint venture

    The health systems will jointly operate four-hospital Highpoint Health in Tennessee, though Lifepoint will retain majority ownership. 

    By Dec. 4, 2023
  • Team Of Doctors Looking At Lab Results
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    Tom Werner via Getty Images
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    Sponsored by J.P. Morgan

    The next era of hospital, healthtech and outsourced provider partnerships

    Engaged patients, employees and communities are crucial to building a stronger foundation of access, affordability and equality in care delivery.

    By Kerry Jessani, Head of Healthcare, Higher Education & Not-for-Profit, and Lauren Ruane, Head of Healthcare Services at J.P. Morgan Commercial Banking, Middle Market Banking & Specialized Industries • Dec. 4, 2023
  • An illustration of a large dollar coin with medical supplies flying in the foreground is positioned on an analysis tracking chart background.
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Providence, struggling to rebound, posts more losses in Q3

    The Washington-based nonprofit battled rising expenses despite having targeted recovery plans in place.

    By Nov. 30, 2023
  • UnitedHealth Group office
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    Courtesy of UnitedHealth Group
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    Medicare Advantage rate change bedevils UnitedHealth’s 2024 outlook

    UnitedHealth’s MA growth could be depressed next year thanks to a rate notice from the CMS that’s deeply unpopular with insurers, management said during an investor day.

    By Nov. 30, 2023
  • An illustration of a large dollar coin with medical supplies flying in the foreground is positioned on an analysis tracking chart background.
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    Illustration: Xavier Lalanne-Tauzia for Industry Dive

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    Highmark Health’s insurance business boosts earnings

    The insurance arm pushed the healthcare parent company to positive results during the first nine months of 2023 after its provider arm, Allegheny Health, reported an operating loss.

    By Nov. 29, 2023