Medical Groups: Page 11
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Courtesy of Walgreens
Walgreens considering full sale of VillageMD
The decision, disclosed Wednesday in a securities filing, is a sharp reversal to the pharmacy behemoth’s past commitment to building out its healthcare delivery offerings.
By Rebecca Pifer Parduhn • Aug. 8, 2024 -
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Aetna executive ousted as CVS’ Medicare Advantage woes drag into second quarter
On Wednesday, CVS slashed its earnings guidance for the third time this year, announced a plan to cut $2 billion in costs and fired the head of its insurance division Aetna, which continues to struggle with high medical utilization.
By Rebecca Pifer Parduhn • Aug. 7, 2024 -
Explore the Trendline➔
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TrendlineProvider burnout
Hospitals are still struggling with provider burnout, after the COVID-19 pandemic exacerbated underlying staffing issues and prompted workers to quit their jobs.
By Healthcare Dive staff -
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Experts fear patient harm from FDA’s lab developed test rule
Decreased access to diagnostic tests, worsening patient care and practice closures are among the concerns the AMA and others have raised as the regulation takes effect.
By Susan Kelly • Aug. 5, 2024 -
Michael M. Santiago via Getty Images
Walgreens further reduces stake in Cencora for $1.1B
The struggling drugstore chain has been chipping away at its stake in Cencora, formerly known as AmerisourceBergen, since last summer.
By Rebecca Pifer Parduhn • Aug. 5, 2024 -
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Google cuts ties with Amazon’s One Medical
Loss of the contract is a major setback for One Medical, as Google made up roughly 10% of the company’s revenue before it was acquired by Amazon and stopped disclosing financial results.
By Rebecca Pifer Parduhn • Updated July 31, 2024 -
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OpinionThe Senate can protect the elderly by supporting nursing home staffing regulations — not overturning them
Lawmakers must uphold minimum staffing requirements for nursing homes to ensure quality care for the elderly, argues one legal expert.
By Ed Dudensing • July 29, 2024 -
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Optum to lay off more than 500 workers in California
The cuts will affect urgent care locations, primary and specialty care clinics, and infusion centers, as well as office and remote workers.
By Emily Olsen • July 29, 2024 -
Courtesy of Humana
Humana’s CenterWell to open 23 primary care clinics at Walmart stores
CenterWell said it will lease space at Walmart Supercenter stores in four states.
By Emily Olsen • July 24, 2024 -
Courtesy of Walgreens
S&P Global Ratings downgrades Walgreens, citing struggles in both pharmacy and retail
The drugstore retailer faces debt maturities, while the upending of some strategies introduces new uncertainties, analysts said.
By Daphne Howland • July 23, 2024 -
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Private equity-backed providers represent less than 4% of US market: PitchBook
Despite the swell of political and media attention to private equity’s role in healthcare, PitchBook reports investment growth in providers has slowed.
By Emily Olsen • July 15, 2024 -
adobe.stock.com/Gorodenkoff
Sponsored by VeradigmThe Ortho Show delivers: Inspiration and motivation from Olympic legend Mike Eruzione
Mike Eruzione, captain of the 1980 U.S. Olympic Hockey Team, shares his inspiring journey from the “Miracle on Ice” to his current roles in motivational speaking and philanthropy. Hear his firsthand account of postponing knee replacement, offering valuable insights into advanced orthopedic treatments.
July 15, 2024 -
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CMS proposes 2.9% cut to physician pay for 2025
Regulators said Medicare’s budget neutrality requirement is to blame for the reduction, which was quickly decried by provider groups. However, it’s likely Congress will step in to mitigate the drop.
By Rebecca Pifer Parduhn • July 11, 2024 -
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Federal judge blocks LGBTQ+ healthcare protections
The judge ruled the HHS overstepped in applying an employment law decision to healthcare, a decision experts say could occur more frequently now that the Chevron doctrine has been overturned.
By Susanna Vogel • July 9, 2024 -
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Healthcare groups say cyber rule should explicitly name insurers, vendors
Healthcare associations say insurers and vendors need to be more clearly included in the regulation, citing the impact of the Change Healthcare cyberattack.
By Emily Olsen • July 8, 2024 -
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FTC noncompete ban partially blocked by Texas judge
The ban has wide-ranging consequences for healthcare, an industry that frequently utilizes noncompetes.
By Ryan Golden • July 3, 2024 -
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Cano Health exits bankruptcy as private company
The primary care chain is now focused on its Florida market, which includes 80 medical centers.
By Emily Olsen • July 2, 2024 -
Courtesy of UnitedHealth Group
UnitedHealth, Amedisys agree to sell clinics to get merger across finish line
The divestiture will only go through if UnitedHealth and Amedisys complete their merger, which was announced last summer but has been held up amid scrutiny from the Department of Justice.
By Rebecca Pifer Parduhn • July 2, 2024 -
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Healthcare workers’ compensation rose in 2023 amid staffing shortages: report
Medical groups are increasing compensation in an attempt to lure talent, with median total compensation for registered nurses rising nearly 20% over the past five years.
By Susanna Vogel • July 1, 2024 -
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Amazon folds telehealth marketplace into One Medical
The reorganization could create a new source of potential customers for primary care chain One Medical.
By Rebecca Pifer Parduhn • June 28, 2024 -
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Walgreens to reduce stake in VillageMD, close stores
Walgreens is refocusing on pharmacy operations after failing to make inroads in healthcare services. The company will shrink its stake in VillageMD and is no longer looking to invest in medical offices, executives said.
By Rebecca Pifer Parduhn • June 27, 2024 -
Courtesy of Walmart
OpinionDespite clinic closures, Walmart can still be a healthcare destination
A managing director at a global strategy firm makes the case for Walmart to continue pursuing healthcare customers through maximizing access to nutritious food.
By Scott Bowman • June 27, 2024 -
Walter Bibikow
Tennessee’s ban on gender-affirming care for minors heads to Supreme Court
The case could have ripple effects across the country, where 25 states have similar laws on the books, according to the Human Rights Campaign.
By Susanna Vogel • June 25, 2024 -
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HHS finalizes info blocking penalties for providers
Providers pushed back against the disincentives, with the Medical Group Management Association calling them “unnecessarily punitive.”
By Emily Olsen • June 25, 2024 -
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Change Healthcare cyberattack
CMS to end Change Healthcare cyberattack financial relief program
The Medicare funding program, which launched in March to ease cash flow challenges for providers, will stop accepting applications July 12.
By Emily Olsen • June 18, 2024 -
Courtesy of Amazon
Amazon expands drug subscription program to Medicare members
RxPass is now available to more than 50 million Medicare members after Amazon brought it into compliance with the program’s regulatory standards.
By Rebecca Pifer Parduhn • June 18, 2024
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