CVS buys Oak Street Health for $10.6B

The acquisition is a major development in the strategic positioning of large retailers in the primary care space, analysts said.

By Rebecca Pifer • Feb. 8, 2023

Intermountain Health taps new chief operating officer

As COO, Berensen will oversee operations across Intermountain’s footprint, which includes 33 hospitals across seven states.

By Sydney Halleman • Feb. 7, 2023

Explore the Trendline➔

Payer/provider relationships

As M&A intensifies and companies embrace more holistic and value-based care models, partnerships have become more closely intertwined.

By Healthcare Dive staff

CVS taps new chief diversity, equity and inclusion officer

Shari Slate will lead the company’s strategy concerning its diversity and community initiatives.

By Sydney Halleman • Feb. 6, 2023

Private equity notched second-highest year of healthcare dealmaking in 2022, Pitchbook finds

Deal activity is expected to slow in the first half of 2023 amid staffing-related margin pressures, liquidity constraints and a difficult PE fundraising market, according to the market data firm.

By Rebecca Pifer • Feb. 6, 2023

Healthcare added 58K jobs in January with ambulatory, nursing homes leading gains

The gains are slightly above last year’s average for the sector, which was 47,000 new jobs per month.

By Hailey Mensik • Feb. 3, 2023

To improve employees’ health in 2023, employers must take a hard look at where and how employees receive care

Morgan Health CEO Dan Mendelson and partner Cheryl Pegus advocate for embracing value-based care and using virtual tools as a complement.

By Dan Mendelson and Cheryl Pegus • Feb. 3, 2023

More patients — especially younger ones — are switching providers, survey finds

About 30% of patients selected a new provider in 2021, up from 26% in 2017, according to a new report from Accenture. Gen Zers and millennials were six times more likely to switch providers than older people.

By Hailey Mensik • Feb. 2, 2023

Consolidated systems charge more for ‘marginally’ better care, study finds

Care delivered by physicians in health systems costs between 12% and 26% higher than care delivered by independent physicians, according to a study published in JAMA Network.

By Hailey Mensik • Feb. 1, 2023

CVS, Rush partner on new ACO for Chicago Medicare patients

Rush University will be the only Chicago-area academic medical center participating in CVS’ first accountable care organization in ACO REACH.

By Rebecca Pifer • Jan. 24, 2023

Pandemic continues to affect healthcare jobs, tracker finds

Healthcare job growth rates have yet to return to levels predicted before the pandemic, according the tracker from the Kaiser Family Foundation and Peterson Center on Healthcare.

By Sydney Halleman • Jan. 23, 2023

Dollar General latest player to enter retail clinic arena

The pilot could expand to additional stores, depending on customer response, as Dollar General continues to grow its healthcare products and services targeted at rural communities.

By Rebecca Pifer • Jan. 23, 2023

Nonprofit hospitals may evade noncompete ban enforcement, experts say

Ambiguity remains over whether the ban would apply to nonprofit systems, which make up about half of all U.S hospitals.

By Samantha Liss • Jan. 20, 2023

Healthcare worker pay satisfaction lowest across all industries, survey finds

Just half of healthcare employees surveyed by management firm Qualtrics said they believe they’re paid fairly for the work they do, the lowest score across 27 industries analyzed.

By Hailey Mensik • Jan. 20, 2023

More than quarter of ground ambulance transports could result in surprise bill

Ground ambulances were left out of federal legislation banning surprise billing, but the sector may be ripe for similar regulation given the prevalence of out-of-network rides, according to research in Health Affairs.

By Samantha Liss • Jan. 19, 2023

Women making up more of physician workforce

Across all genders, primary care specialties like internal medicine, family medicine and pediatrics had the largest number of active physicians and residents in 2021, according to a report from the Association of American Medical Colleges.

By Hailey Mensik • Jan. 18, 2023

Healthcare company bankruptcies up 84% in 2022

Filings rose significantly throughout last year, with about three times more in the fourth quarter than in the first quarter, according to a report from Gibbins Advisors.

By Hailey Mensik • Jan. 17, 2023

Nonprofit hospitals, hammered by soaring expenses, have ‘deteriorating’ outlook: Fitch

Labor will remain the largest hurdle for hospitals this year even as they struggle with inflation and spiking COVID-19 admissions that can dent revenue, said the ratings agency.

By Sydney Halleman • Jan. 11, 2023

Doctors no longer bound by noncompetes under FTC’s proposed ban

The agency’s sweeping proposal would free physicians to work for a competitor, undermining the status quo in physician-employer relationships, attorneys said.

By Samantha Liss • Jan. 11, 2023

CVS reportedly nearing $10.5B buy of Oak Street

A deal could be announced as soon as this week, according to The Wall Street Journal, as CVS looks to create a vertically integrated healthcare business.

By Rebecca Pifer • Updated Feb. 7, 2023

Sen. Bernie Sanders to target high healthcare costs as leader of influential committee

The longtime Congressman and “Medicare for All” proponent will soon assume leadership of the Senate HELP committee, giving him sway in one of the nation’s most broadly influential health policy forums.

By Sydney Halleman • Jan. 9, 2023

Oak Street names first chief wellness officer

Deb Edberg has been a practicing physician with Oak Street since 2019.

By Rebecca Pifer • Jan. 6, 2023

Healthcare added 55K jobs in December, with ambulatory, hospitals again leading

The report comes as healthcare systems have struggled with staffing shortages and high labor costs.

By Hailey Mensik • Jan. 6, 2023

Feds propose ban on noncompetes

In the historic proposal, the FTC said noncompetes harm competition, suppress labor mobility and reduce wages even for those not bound by the agreements.

By Ryan Golden • Updated Jan. 5, 2023

Walgreens raises healthcare segment outlook on Summit acquisition

The company now expects the segment to bring in between $14.5 billion and $16 billion in sales in 2025.

By Rebecca Pifer • Jan. 5, 2023

Omnibus bill restarts Medicaid checks, lowers Medicare physician pay cuts

President Joe Biden signed the the $1.7 trillion omnibus spending package into law on Dec. 29.

By Sydney Halleman • Updated Jan. 3, 2023