Rite Aid files for Chapter 11 bankruptcy, names new CEO

The pharmacy retailer plans to use bankruptcy to shrink its store footprint and manage a nearly $4 billion debt load.

By Nate Delesline III • Oct. 16, 2023

California sets $25 per hour minimum wage for healthcare workers

The law, backed by healthcare unions, is expected to affect approximately 469,000 healthcare workers and will be phased in over the next several years.

By Susanna Vogel • Oct. 16, 2023

Explore the Trendline➔

Provider 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

CVS shuffles leadership again as CFO takes leave

The changes come about a month after the pharmacy giant appointed CFO Shawn Guertin as president of its health services segment.

By Emily Olsen • Oct. 16, 2023

UnitedHealth raises guidance, beats Q3 expectations on stabilizing MLR

The payer reported a lower medical cost ratio, but executives noted that costs could rise in the fourth quarter.

By Sydney Halleman • Oct. 13, 2023

Walgreens, chasing profits, to close 60 VillageMD clinics in 2024

The company released a 2024 earnings outlook below Wall Street expectations on Thursday, two days after announcing a new CEO.

By Rebecca Pifer Parduhn • Oct. 12, 2023

CVS wants to create a healthcare ‘super app’

Super apps — so-called “everything apps” that combine multiple services in one platform — haven’t taken off in the U.S., but CVS is angling to change that.

By Rebecca Pifer Parduhn • Oct. 11, 2023

Humana CEO to step down next year

Jim Rechtin, president and CEO of physician staffing firm Envision Healthcare, will take the reins as chief executive of the payer in the latter half of 2024.

By Emily Olsen • Oct. 11, 2023

Walgreens names ex-Cigna exec Tim Wentworth CEO

Wentworth, who steps into the role Oct. 23, is the former CEO of Express Scripts, the pharmacy benefit manager acquired by Cigna in 2018.

By Rebecca Pifer Parduhn • Oct. 11, 2023

Walgreens launches direct-to-consumer telehealth

“Our goal is to be the most convenient health and wellness destination, whether you’re physically in our stores or virtually in our stores,” said Tracey Brown, Walgreens’ chief customer officer and president of retail, at HLTH.

By Rebecca Pifer Parduhn • Oct. 9, 2023

Leadership 101: Emeritus Healthcare’s Ranil Herath on the skills executives need in 2023

Herath, president of education program provider Emeritus Healthcare, discussed healthcare executive burnout and the skills clinicians need in an age of virtual care and AI-powered tools.

By Brian T. Horowitz • Oct. 6, 2023

GE HealthCare imaging CEO Jan Makela talks Mayo Clinic partnership

GE and Mayo Clinic plan to collaborate on imaging, artificial intelligence and cancer treatment.

By Elise Reuter • Oct. 6, 2023

How Memorial Sloan Kettering is consolidating its supply chain

The health system is leveraging data to improve forecasting, in addition to streamlining its reporting and purchasing procedures, to consolidate its supply chain operations.

By Deborah Abrams Kaplan • Oct. 5, 2023

Rite Aid faces NYSE delisting

News of the company's possible removal from the New York Stock Exchange follows talks of a potential bankruptcy filing.

By Nate Delesline III • Oct. 5, 2023

Top healthcare conferences in 2024

From digital health events to payer and provider summits, here are upcoming healthcare conferences for the organized executive to keep in mind.

By Sydney Halleman • Updated Dec. 4, 2023

Walgreens CIO Hsiao Wang out amidst C-suite shakeup

The company has brought in seasoned executive Neal Sample to make "near-term" technology decisions, according to an email sent to employees.

By Roberto Torres • Oct. 2, 2023

Cano Health appoints interim CFO

Eladio Gil has taken the reins as interim chief financial officer while the struggling primary care chain searches to replace Brian Koppy.

By Emily Olsen • Oct. 2, 2023

Walgreens reportedly considering ex-Cigna exec for CEO

The pharmacy giant is considering handing the reins to former Express Scripts and Evernorth CEO Tim Wentworth, according to Bloomberg, as Walgreens searches for a chief executive with deep healthcare experience.

By Rebecca Pifer Parduhn • Oct. 2, 2023

Harbinger Health raises $140M to study blood-based cancer screening test

The test developer will use the Series B funding to complete a 10,000-subject clinical trial ahead of a planned launch in 2025.

By Nick Paul Taylor • Sept. 28, 2023

Virgin Pulse, HealthComp close $3B merger

The now-completed combination of the digital health wellness company and plan administrator aims to create an integrated platform for employer-sponsored health benefits.

By Sydney Halleman • Updated Nov. 9, 2023

Cano sells Texas, Nevada centers to Humana subsidiary for $67M

The divestiture to Humana’s CenterWell Senior Primary Care business comes after Cano this summer said it was exploring a potential sale amid its worsening liquidity position.

By Rebecca Pifer Parduhn • Sept. 26, 2023

Hospices bought by PE, public companies had more dementia patients, study finds

Hospices acquired by private equity firms and publicly traded companies shift their operational strategies toward maximizing profits, the new study in JAMA Network Open suggests.

By Emily Olsen • Sept. 26, 2023

The one code Congress must support: G2211

Presidents of the American Academy of Family Physicians and the American College of Physicians argue for reforms in the national physician payment system.

By Tochi Iroku-Malize and Omar T. Atiq • Sept. 22, 2023

FTC sues US Anesthesia Partners, Welsh Carson over alleged price collusion in Texas

The PE firm and its anesthesia network rolled up multiple physician practices over the past decade, creating a dominant provider and charging Texans “tens of millions of dollars” more each year for anesthesia services, regulators allege.

By Rebecca Pifer Parduhn • Sept. 21, 2023

Staffing firm American Physician Partners files for bankruptcy

The company said the COVID-19 pandemic, rising labor costs and a “problematic” implementation of the No Surprises Act challenged its finances.

By Emily Olsen • Sept. 21, 2023

Frustration over surprise billing implementation builds in House hearing

Bipartisan lawmakers joined together to voice concerns about the implementation of the No Surprises Act, which critics say has created barriers to care.

By Susanna Vogel • Sept. 20, 2023