Finances: Page 3
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Win McNamee via Getty Images
Providers could lose $770B in revenue if GOP megabill passes
And that’s not counting an almost $200 billion increase in uncompensated care — most of which would fall on hospitals, the Urban Institute and Robert Wood Johnson Foundation project.
By Rebecca Pifer • May 30, 2025 -
Bruce Bennett via Getty Images
Best Buy restructures health unit
The retailer logged a $109 million charge related to the restructuring in its first quarter. Some home health services have taken longer to develop than expected, CEO Corie Barry said.
By Emily Olsen • May 30, 2025 -
Courtesy of Patty Murray
Democrat appropriators decry lack of spending transparency at HHS
Sen. Patty Murray, D-Wash., and Rep. Rosa DeLauro, D-Conn. sent a letter to the White House budget chief alleging that federal agencies, including the HHS, aren’t adequately disclosing their spending plans.
By Rebecca Pifer • May 29, 2025 -
ventdusud via Getty Images
The medtech IPO window is finally open. Or is it?
After a three-year IPO drought, the industry is questioning whether the window for medtech public offerings is open following a small burst of activity.
By Ricky Zipp • May 29, 2025 -
Courtesy of Rite Aid
Judge approves Rite Aid pharmacy sales to CVS, Walgreens, others
A bankruptcy judge on Wednesday approved Rite Aid’s pharmacy asset sales to a variety of buyers. Purchase prices were not disclosed.
By Rebecca Pifer • May 22, 2025 -
Illustration: Xavier Lalanne-Tauzia for Industry Dive
Nonprofit providers’ operating margins fall as more challenges loom
Nonprofits have struggled to recover since the COVID-19 pandemic. Now, providers are grappling once more with turbulent macroeconomic conditions.
By Susanna Vogel • May 22, 2025 -
Illustration: Xavier Lalanne-Tauzia for Industry Dive
Ascension still chasing financial turnaround after last year’s cyberattack
The nonprofit health system says it has made progress toward recovering from last year's massive cyberattack. However, it still posted losses during the third quarter of its fiscal year.
By Susanna Vogel • May 21, 2025 -
Courtesy of UnitedHealth Group
UnitedHealth downgraded by investment banks
TD Cowen, Raymond James and Bank of America have all downgraded UnitedHealth’s stock, citing dogged internal challenges facing the company.
By Rebecca Pifer • May 20, 2025 -
Avosb via Getty Images
Judge shuts down drugmakers’ 340B rebate plans, for now
A district court ruled that the HHS does have the power to review drug manufacturers’ plans to pay hospitals rebates instead of upfront discounts on 340B medications. But it left the door open to the controversial reforms.
By Rebecca Pifer • May 19, 2025 -
Rite Aid sells upwards of 1,000 stores to CVS, Walgreens, others
Rite Aid plans to sell the majority of its pharmacies to rival drugstore chains. CVS Health is one of the largest buyers, snapping up prescription files from hundreds of stores and fully acquiring 64 brick-and-mortar locations.
By Rebecca Pifer • May 16, 2025 -
FatCamera via Getty Images
Women’s health faces growing headwinds, despite jump in venture investment
While venture funding is rising, federal policy upheaval may affect women’s health research more acutely than other fields, one biotech CEO said.
By Delilah Alvarado • May 14, 2025 -
Courtesy of Omada Health
Omada Health files for IPO
Omada, which offers chronic condition management programs, follows Hinge Health to become the latest digital health firm to brave the public markets in recent months.
By Emily Olsen • May 12, 2025 -
Courtesy of UnitedHealth Group
Shareholders sue UnitedHealth for obfuscating business impacts from Thompson death
The lawsuit, which seeks class action status, alleges that UnitedHealth and its executives didn’t properly warn investors about how the killing of UnitedHealthcare CEO Brian Thompson would affect its business.
By Rebecca Pifer • May 8, 2025 -
rabbit75_ist/iStock/Getty Images Plus via Getty Images
Health insurers see signs of life in Q1
Payer profits fell in 2024 as Americans, especially older ones, utilized more medical care. But efforts to resuscitate margins appear to be working for most — at least for now, according to first quarter results.
By Rebecca Pifer • May 7, 2025 -
Win McNamee via Getty Images
Trump releases 2026 budget including heavy healthcare cuts
White House officials say the budget, which would slash the HHS’ discretionary funding by 26%, is necessary to curb government bloat. Medical groups say it amounts to an attack on biomedical funding and public health.
By Rebecca Pifer • May 5, 2025 -
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Sponsored by Eide BaillyHow to build financial resilience in healthcare
How leaders can navigate the ever-shifting landscape of healthcare to set their organizations up for success.
May 5, 2025 -
Permission granted by Amwell
Amwell narrows losses in Q1 amid military contract rollout
The telehealth firm has deployed its product for scheduled virtual visits across the Military Health System. CFO and COO Mark Hirschhorn called it “the most significant growth initiative in our company’s history."
By Emily Olsen • May 2, 2025 -
Julia Rendleman via Getty Images
Cigna doubles down on GLP-1 support programs with 2 new launches
On Friday, the company’s health services unit Evernorth unveiled new programs in a reliable growth area: helping payers manage GLP-1 utilization. Cigna also posted first quarter results well above analyst forecasts.
By Rebecca Pifer • May 2, 2025 -
Courtesy of Teladoc Health
Teladoc acquires mental health firm UpLift as BetterHelp earnings slide
The deal boosts BetterHelp’s ability to accept insurance coverage, offering “a potential avenue out of the less-stable cash pay market,” one analyst said.
By Emily Olsen • Updated May 1, 2025 -
JHVEPhoto via Getty Images
CVS plans to exit ACA individual exchanges, strikes Wegovy deal with Novo Nordisk
Aetna is once again retreating from the Affordable Care Act market, while its parent company notched a deal with Danish drugmaker Novo Nordisk that should expand access to its in-demand GLP-1 at the expense of Eli Lilly’s.
By Rebecca Pifer • May 1, 2025 -
Courtesy of GE Healthcare
GE Healthcare slashes 2025 profit forecast on tariff impact
CFO Jay Saccaro said the company is looking at strategies to mitigate the impact of tariffs, including more dual sourcing and making products where they are consumed.
By Susan Kelly • April 30, 2025 -
Illustration: Xavier Lalanne-Tauzia for Industry Dive
Tenet will stay the course on M&A, despite turbulence in Washington
Executives said uncertainties about tariffs and Medicaid have not altered the health system’s core priority to grow its ambulatory services business.
By Susanna Vogel • April 30, 2025 -
Chip Somodevilla via Getty Images
Supreme Court rules against hospitals in DSH formula case
“The hospitals have lost at every stage of this litigation,” Justice Amy Coney Barrett wrote in the court’s majority opinion.
By Emily Olsen • April 30, 2025 -
Spencer Platt / Staff via Getty Images
Humana posts ‘really good’ first quarter on stable medical costs
Despite the outperformance, the payer’s stock was largely flat following the earnings release — a market reaction that reflects the uncertainty facing Humana.
By Rebecca Pifer • April 30, 2025 -
Illustration: Xavier Lalanne-Tauzia for Industry Dive
UHS sees behavioral health volumes drop in Q1
The health system maintained its guidance for the full year and said it could turn around performance in its behavioral health segment.
By Susanna Vogel • April 29, 2025
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