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 Susanna Vogel • Feb. 28, 2025

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 Rebecca Pifer Parduhn • Feb. 25, 2025

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 Emily Olsen • Feb. 24, 2025

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 Susanna Vogel • Feb. 24, 2025

CHS’ losses widen in 2024

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

By Susanna Vogel • Feb. 20, 2025

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 Susanna Vogel • Feb. 13, 2025

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 Rebecca Pifer Parduhn • Feb. 13, 2025

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 Susanna Vogel • Feb. 13, 2025

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 Emily Olsen • Feb. 12, 2025

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 Rebecca Pifer Parduhn • Feb. 12, 2025

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 Susanna Vogel • Feb. 11, 2025

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 Rebecca Pifer Parduhn • Feb. 11, 2025

Kaiser’s 2024 earnings show ROI of Risant Health spinoff

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

By Susanna Vogel • Feb. 10, 2025

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 Rebecca Pifer Parduhn • Feb. 7, 2025

New contract wins ding Molina’s earnings outlook for 2025

Medicaid and dual-eligible contracts fuel growth for the California-based insurer, but also come with upfront implementation costs that will lower its earnings this year, executives said.

By Rebecca Pifer Parduhn • Feb. 6, 2025

Express Scripts, Kroger reach new pharmacy network agreement

The two have mended fences after a nasty contract dispute in 2022 caused Kroger pharmacies to go out of network with Express Scripts’ members.

By Rebecca Pifer Parduhn • Feb. 5, 2025

Oscar Health reports first profitable year

The insurer lost $153.5 million in the fourth quarter but still eked out a $25.4 million profit for the full year thanks to snowballing growth in ACA plans.

By Rebecca Pifer Parduhn • Feb. 5, 2025

Molina closes ConnectiCare acquisition

The deal adds $1.4 billion in annual premiums to Molina’s topline and 140,000 additional Medicare, Affordable Care Act marketplace and commercial members to the insurer’s rolls.

By Rebecca Pifer Parduhn • Feb. 4, 2025

Centene sets itself up for ‘equilibrium’ in 2025

The insurer also reported notable ACA growth for this year, though membership could tick back down through the second quarter due to program integrity efforts.

By Rebecca Pifer Parduhn • Updated Feb. 5, 2025

Cigna pledges changes to pharmacy, medical benefits following ‘messy’ close to 2024

Fresh off underperforming Wall Street’s expectations in the fourth quarter, Cigna said it would work to lower costs for its customers amid widespread discontent with the healthcare system.

By Rebecca Pifer Parduhn • Jan. 30, 2025

White House rescinds memo pausing federal funding following pushback

The Office of Management and Budget rolled back a memo halting federal funding that caused widespread confusion and alarm. But “this is NOT a rescission of the federal funding freeze,” Trump’s top press secretary said.

By Rebecca Pifer Parduhn • Jan. 29, 2025

Judge halts Trump freeze on grants as states report healthcare payment portals back online

States and providers regained access to a key healthcare payments portal amid widespread backlash over the Trump administration’s decision to halt federal aid.

By Rebecca Pifer Parduhn • Jan. 29, 2025

Lawmakers report states shut out of Medicaid payment portals following Trump funding freeze

Other payment systems also appear to be offline, suggesting a broader shutdown of federal portals related to grants and funding.

By Rebecca Pifer Parduhn • Updated Jan. 28, 2025

Healthcare bankruptcies declined in 2024: report

Still, bankruptcy filings remained elevated, with the sector reaching the second-highest amount in the past six years, according to healthcare restructuring advisory firm Gibbins Advisors.

By Emily Olsen • Jan. 28, 2025

Philips to sell emergency care business

Investment firm Bridgefield Capital will buy the segment, which includes cardiac resuscitation and emergency care devices, for an undisclosed amount.

By Elise Reuter • Jan. 28, 2025