Finances: Page 6
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AI startups boost digital health funding in H1: Rock Health
Digital health companies that use AI as a core part of their offerings raised more money on average than companies that didn't in the first half of 2025.
By Emily Olsen • July 9, 2025 -
CVS Omnicare ordered to pay $949 million in government fraud case
CVS plans to appeal the judgment, which comes after a jury ruled that its long-term care pharmacy benefits manager illegally charged Medicare, Medicaid and Tricare for prescription drugs for almost a decade.
By Rebecca Pifer Parduhn • July 9, 2025 -
Molina cuts earnings guidance as costs rise in government programs
UnitedHealth and Centene both pulled their outlooks this year over elevated medical spending in Medicare Advantage and the Affordable Care Act respectively. Now, cost pressures are hitting their smaller peer.
By Rebecca Pifer Parduhn • July 7, 2025 -
Deep Dive
340B could have a new cop on the beat. Hospitals are worried.
The HHS wants to move oversight of the controversial drug discount program to the CMS, which has a more aggressive history with 340B than its covered providers would prefer. “It could be truly devastating,” one expert said.
By Rebecca Pifer Parduhn • July 2, 2025 -
6 ways employers can lower healthcare costs in 2025
“Employers have absorbed the majority of cost increases over the past four years, and they likely cannot continue to do so,” one expert said.
By Michael Brady • July 1, 2025 -
Walgreens swings to a loss ahead of Sycamore acquisition
Store closures and weak front-of-store sales led to a retail sales decline in Q3, but U.S. pharmacy and international sales were strong.
By Daphne Howland • June 26, 2025 -
Medicare go-broke date pushed up three years in latest trustees report
The clock is ticking to stabilize Medicare, as a key trust fund underpinning the insurance program’s hospital benefit is now set to be depleted in 2033 instead of 2036.
By Rebecca Pifer Parduhn • June 20, 2025 -
Humana’s cautious defense of Medicare Advantage
At the insurer's investor day, Humana struck a middle ground in defending the importance of the privatized Medicare program — which accounts for the bulk of its revenue — while allowing that there’s room for improvement.
By Rebecca Pifer Parduhn • June 17, 2025 -
Addiction treatment center to pay $1.9M to settle allegations it misled consumers
The civil penalty could almost quadruple if the FTC discovers Evoke Wellness, which allegedly poised as other treatment centers in a bid to nab new business, misrepresented its financial holdings.
By Rebecca Pifer Parduhn • June 11, 2025 -
Hospital finances improved through April: Kaufman Hall
The improved financial performance was driven largely by rising patient volumes and hospital efficiency, according to the consulting firm.
By Emily Olsen • June 10, 2025 -
Omada goes public in second recent digital health IPO
The chronic condition management company’s debut comes weeks after another digital health company, Hinge Health, went public. The IPOs are a “promising bellwether” for the sector, one expert said.
By Emily Olsen • June 9, 2025 -
Amazon Pharmacy’s PillPack expands to Medicare patients
Amazon also announced a new feature allowing customers to invite caregivers to manage medications on their behalf as the e-commerce giant builds out its Amazon Pharmacy offerings.
By Rebecca Pifer Parduhn • June 4, 2025 -
HHS releases more detailed 2026 budget disclosing scope of cuts
On Friday, the HHS fleshed out a preliminary budget released in the spring and gave new details about which of its programs would be terminated if the Trump administration gets its way.
By Rebecca Pifer Parduhn • June 2, 2025 -
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 Parduhn • May 30, 2025 -
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 -
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 Parduhn • May 29, 2025 -
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 -
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 Parduhn • May 22, 2025 -
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 -
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 -
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 Parduhn • May 20, 2025 -
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 Parduhn • 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 Parduhn • May 16, 2025 -
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 -
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