Finances: Page 6

  • A birds-eye picture of a stethoscope and piggy bank against a blue background
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Margins improve at nonprofit hospitals in 2024, but headwinds loom: Fitch

    The median operating margin for providers that ended their fiscal years early was 1.2% last year, compared with -0.5% in 2023. However, potential Medicaid cuts could strain provider finances.

    By • March 31, 2025
  • A large green sign with Solventum written on it hangs in front of the pillars of the New York stock exchange building.
    Image attribution tooltip

    Peter Morgan/AP

    Image attribution tooltip

    Solventum cuts 800 positions

    CEO Bryan Hanson told investors last week that the restructuring plan would save the medical supply and health IT company $120 million annually.

    By Ricky Zipp • March 26, 2025
  • Woman wearing labcoat while using tablet
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Sponsored by RxSense

    The future of pharmacy benefits: The shift to insourcing PBM services

    The pharmacy benefit landscape is shifting. With rising costs, limited transparency, and rigid structures imposed by legacy pharmacy benefit managers (PBMs), organizations are considering a bold move—bringing their PBM operations in-house.

    March 24, 2025
  • Bottles and cartons of prescription medicines are arranged on shelves.
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip

    Optum Rx is reforming how it pays pharmacies

    The massive PBM is pivoting to a cost-based reimbursement model, which it says will reduce variation in how pharmacies are paid. Pharmacy groups say that depends on the specifics of Optum Rx’s plan.

    By • March 21, 2025
  • A stethoscope rests on a pile of $100 bills.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Veradigm releases long-awaited financial results

    The health IT vendor hadn’t filed quarterly or annual reports since November 2022. Veradigm was delisted from Nasdaq for failing to comply with financial reporting requirements last year.

    By • March 20, 2025
  • Cigna's logo is seen on a door.
    Image attribution tooltip
    Julia Rendleman via Getty Images
    Image attribution tooltip

    Cigna closes $3.7B sale of Medicare business to HCSC

    The deal, which removes Cigna from the volatile Medicare Advantage market, closed a little over a year after being announced.

    By • March 20, 2025
  • UnitedHealth Group office
    Image attribution tooltip
    Courtesy of UnitedHealth Group
    Image attribution tooltip

    Optum Rx says it will eliminate 10% of prior authorizations

    The massive pharmacy benefit manager plans to stop requiring coverage reauthorizations for roughly 80 drugs used to treat migraines, multiple sclerosis, high cholesterol and more.

    By • March 19, 2025
  • An illustration of a large dollar coin with medical supplies flying in the foreground is positioned on an analysis tracking chart background.
    Image attribution tooltip

    Illustration: Xavier Lalanne-Tauzia for Industry Dive

    Image attribution tooltip

    Providers contend with changes in Washington in 2025

    The nation’s leading for-profit health systems are closely monitoring changes to Medicaid funding and bracing for possible cuts to state supplemental payment programs this year.

    By • March 14, 2025
  • A patient doing leg exercises guided by a smartphone using Hinge Health.
    Image attribution tooltip
    Courtesy of Hinge Health
    Image attribution tooltip

    Virtual physical therapy company Hinge Health files for IPO

    The digital health IPO market has slowed to a crawl in recent years, but it could be poised for a turnaround in 2025, experts say.

    By • March 12, 2025
  • Text of the word 'Medicaid' in the middle of a U.S. dollar bill
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Medicaid expansion cuts could hit provider revenue, spike uncompensated care: report

    If states end their expansion programs in response to funding cuts, spending on healthcare services would fall by nearly $80 billion and uncompensated care costs would rise by $19 billion in 2026, according to new research.

    By • March 12, 2025
  • Shot of two doctors using a digital tablet during a discussion in a clinic.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Sponsored by Zelis

    5 considerations for health plans evaluating the VOI of healthcare technology

    Health plans must shift from ROI to VOI, evaluating tech investments for long-term, holistic value.

    By Jay Deady, President of Price Optimization, Zelis • March 3, 2025
  • An illustration of a large dollar coin with medical supplies flying in the foreground is positioned on an analysis tracking chart background.
    Image attribution tooltip

    Illustration: Xavier Lalanne-Tauzia for Industry Dive

    Image attribution tooltip

    UHS’ income soars in 2024 on behavioral health volume

    Still, executives addressed concerns about potential changes to federal healthcare policy that could impact the provider’s bottom line, including cuts to Medicaid.

    By • Feb. 28, 2025
  • People seen walking down Wall Street.
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip
    Deep Dive

    Insurers closed out 2024 on shaky footing

    Operating income fell for all but two major payers’ insurance divisions in the fourth quarter. And 2025 may be no better, after many insurers released outlooks suggesting medical costs will continue to rise.

    By • Feb. 25, 2025
  • Close-up of water glasses and portfolios on a long desk with a row of empty chairs.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Veradigm changes up board of directors

    The health IT vendor was delisted from trading on Nasdaq last year for failing to file timely financial reports. Last month, the company ended a strategic review without finding a buyer.

    By • Feb. 24, 2025
  • A stethoscope rests on a pile of $100 bills.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Private equity investment in healthcare remained steady in 2024: report

    Investment could rise in 2025 if interest rates decline and the Trump administration is friendly to private equity firms.

    By • Feb. 24, 2025
  • An illustration of a large dollar coin with medical supplies flying in the foreground is positioned on an analysis tracking chart background.
    Image attribution tooltip

    Illustration: Xavier Lalanne-Tauzia for Industry Dive

    Image attribution tooltip

    CHS’ losses widen in 2024

    The hospital operator said divestitures, medical specialist fees and payer denials pressured the system last year.

    By • Feb. 20, 2025
  • Amwell physician conducts visit with patient
    Image attribution tooltip
    Courtesy of Amwell
    Image attribution tooltip

    Amwell touts military contract deployment wins in Q4

    The telehealth vendor posted a net loss again last year, but said it plans to achieve positive cash flow by 2026.

    By • Feb. 13, 2025
  • Capitol Hill lit up at night
    Image attribution tooltip
    Win McNamee via Getty Images
    Image attribution tooltip

    GOP calls for $1.5T in cuts, much of which could come from healthcare

    House Republicans unveiled their budget wish list last week, which directs the Energy and Commerce Committee — which oversees Medicare and Medicaid — to find $880 billion in savings.

    By • Feb. 13, 2025
  • An illustration of a large dollar coin with medical supplies flying in the foreground is positioned on an analysis tracking chart background.
    Image attribution tooltip

    Illustration: Xavier Lalanne-Tauzia for Industry Dive

    Image attribution tooltip

    Tenet has ‘outstanding’ 2024, addresses policy changes in Washington

    Health system leaders said Tenet is mostly insulated from proposed policy changes like Medicaid cuts due to its focus on ambulatory surgical centers. 

    By • Feb. 13, 2025
  • CVS
    Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    CVS slashes profit in 2024 as high medical costs hit Aetna

    However, the healthcare giant beat Wall Street expectations for earnings and revenue in the fourth quarter, sending its stock soaring on Wednesday. 

    By • Feb. 12, 2025
  • A street sign marks the intersection of Wall and Broad Streets in Manhattan.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Large healthcare companies are redistributing most of their profits to shareholders, study finds

    Researchers suggested that policymakers encourage reinvestment of capital into patient care and limit share buybacks based on the findings.

    By • Feb. 12, 2025
  • Outside of Mass General Brigham
    Image attribution tooltip
    Wirestock via Getty Images
    Image attribution tooltip

    Mass General Brigham to conduct largest layoffs in its history

    MGB said the layoffs are necessary to get ahead of an anticipated budget shortfall of $250 million over the next two years.

    By • Feb. 11, 2025
  • Wall Street sign with U.S. flags in background
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Humana’s 2024 profit slashed in half amid higher medical spending

    The massive insurer now expects to lose 550,000 Medicare Advantage members — roughly one-tenth of its individual MA footprint — this year as a result of plan cuts.

    By • Feb. 11, 2025
  • An illustration of a large dollar coin with medical supplies flying in the foreground is positioned on an analysis tracking chart background.
    Image attribution tooltip

    Illustration: Xavier Lalanne-Tauzia for Industry Dive

    Image attribution tooltip

    Kaiser’s 2024 earnings show ROI of Risant Health spinoff

    Risant acquisitions accounted for about half of Kaiser’s net income in 2024.

    By • Feb. 10, 2025
  • Walgreens sign seen on January 2023
    Image attribution tooltip
    Michael M. Santiago via Getty Images
    Image attribution tooltip

    Walgreens offloads more Cencora shares

    The sale netted about $300 million for Walgreens and shrinks the company’s stake in Cencora to approximately 6%, down from 10%.

    By • Feb. 7, 2025