Medical Groups: Page 21
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Jodi Hilton via Getty Images
Labor shortage, inflation drove Mass General Brigham to $432M annual operating loss
The system’s results reflect an “unrelenting economic crisis” impacting healthcare, President and CEO Anne Klibanski said.
By Sydney Halleman • Dec. 19, 2022 -
Drew Angerer/Getty Images via Getty Images
Maternal health services suffer in states with abortion bans, report finds
States risk driving away healthcare providers who are reluctant to work where their practices will be restricted, according to a Commonwealth Fund analysis.
By Susan Kelly • Dec. 14, 2022 -
Explore the Trendline➔
Yujin Kim/Healthcare Dive
TrendlinePayer/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 -
Alex Wong via Getty Images
CMS tackles provider availability, exchange regulations in proposed rule
The regulation comes after the ACA exchanges, spurred by financial incentives during the COVID-19 pandemic, reached record enrollment numbers.
By Sydney Halleman • Dec. 13, 2022 -
Amgen to buy Horizon Therapeutics in year’s biggest biotech deal
After outlasting rival suitors Sanofi and J&J in deal talks, Amgen agreed to a deal that values the Ireland-based maker of rare and inflammatory disease drugs at about $28 billion.
By Ned Pagliarulo • Updated Dec. 12, 2022 -
bojanstory via Getty Images
AdvaMed asks FDA to withdraw divisive draft guidance on LASIK surgery
Some comments were more positive, though, with the American Optometric Association calling the agency’s proposal “timely and beneficial.”
By Nick Paul Taylor • Dec. 8, 2022 -
Courtesy of Advocate Health
Advocate Health appoints executive leadership team after megamerger
The newly-merged $27 billion system announced appointed roles in its C-suite including its chief information, financial, nursing and population health officers.
By Sydney Halleman • Dec. 7, 2022 -
Courtesy of Fresenius
Fresenius CFO named chief executive amid operational turnaround
Helen Giza is replacing outgoing CEO Carla Kriwet, who is leaving the company by mutual agreement due to strategic differences, Fresenius said Monday.
By Rebecca Pifer • Dec. 6, 2022 -
Brandon Bell via Getty Images
Key healthcare stories from 2022
This year has been especially tumultuous for healthcare, with the overturning of Roe v. Wade, numerous labor disputes and major M&A announcements.
By Shannon Muchmore • Dec. 5, 2022 -
UnitedHealthcare loses lawsuit to TeamHealth — again — in ongoing battle over billing
A three-judge arbitration panel in Florida has awarded $10.8 million to TeamHealth after finding UnitedHealthcare underpaid the physician group’s clinicians from 2017 to 2020.
By Rebecca Pifer • Dec. 2, 2022 -
stock.adobe.com/Monkey Business
Sponsored by VeradigmWill healthcare look different in 2023?
How is healthcare changing for providers as we enter 2023, and what can we do to prepare?
By Auren Weinberg MD MBA • Nov. 28, 2022 -
Kena Betancur via Getty Images
Deep DiveHealth tech companies weigh options to stem cash burn as IPO market sags
Healthcare technology companies are delaying initial share sales as public market stocks and valuations plunge across the sector. Where will they turn in the meantime?
By Sydney Halleman • Nov. 21, 2022 -
Chris Hondros / Staff via Getty Images
Morgan Health nabs Walmart executive to accelerate strategy around population health
Cheryl Pegus is leaving Walmart’s health division to work as a managing director for JPMorgan’s venture attempting to lower employer health costs.
By Rebecca Pifer • Nov. 21, 2022 -
Rebecca Pifer/Healthcare Dive
Deep Dive // HLTH22One Medical’s innovation chief on Amazon, Medicaid and more
Rushika Fernandopulle discussed how remote work trends are affecting the business, One Medical’s ongoing shift toward risk and its interest in Medicaid.
By Rebecca Pifer • Nov. 18, 2022 -
Courtesy of Oak Street Health
Deep Dive // HLTH22Oak Street has no interest in a takeover, bullish on Walmart partnership and more from CMO Ali Khan
In a wide-ranging discussion, Khan shared his thoughts on the Medicare direct contracting program, Oak Street's relationship with Walmart and its positioning in an increasingly competitive market.
By Rebecca Pifer • Nov. 17, 2022 -
Primary care physicians are burned out, though faring better in US than other countries
Physicians under the age of 55 were more likely to feel stress, emotional distress or burnout compared to older physicians in all countries, according to a report from the Commonwealth Fund.
By Hailey Mensik • Nov. 17, 2022 -
Atstock Productions via Getty Images
Sanford Health inks merger deal after failed Intermountain bid
The deal, which is expected to close next year, will create a system with annual revenue of about $14 billion.
By Shannon Muchmore • Nov. 15, 2022 -
Courtesy of Maven
HLTH22Maven raises $90M, fueling push into Medicaid, CMO says
Roadblocks for the startup include shifting requirements state-by-state and historically low margins in Medicaid.
By Rebecca Pifer • Nov. 15, 2022 -
Brandon Bell via Getty Images
Fitch downgrades TeamHealth as ER volumes, pricing face pressure
TeamHealth staffs healthcare facilities nationwide and is among the bigger players in the sector. ER staffing represents the majority of TeamHealth’s revenue from contracted physician services, according to Fitch.
By Samantha Liss • Nov. 15, 2022 -
Cavan Images/Stock.adobe.com
Medical group asks Congress to offset Medicare payment cuts
The Medical Group Management Association wants Congress to take action to help physician practices by the end of the year.
By Susan Kelly • Nov. 15, 2022 -
iStock via Getty Images
HHS cybersecurity center warns of new ransomware threat
The ransomware has attacked targets worldwide, including at least one U.S. health group, since it was first identified in mid-August.
By Susan Kelly • Nov. 14, 2022 -
Permission granted by Walgreens
What’s in it for Evernorth? Cigna’s health services arm invests $2.5B in VillageMD-Summit
The deal could have major ramifications for Evernorth’s push to value-based care in the commercial sector, according to Cigna executives and analysts.
By Rebecca Pifer • Nov. 9, 2022 -
Permission granted by Oak Street Health
Oak Street Health brings in record revenue in Q3
The value-based primary care chain’s capitated revenue, which makes up the large majority of its topline, would have been slightly higher, but included a small hit from matters related to the Medicare direct contracting program.
By Rebecca Pifer • Nov. 8, 2022 -
Permission granted by VillageMD
Walgreens-backed VillageMD buys Summit Health for $9B
Cigna’s health services division Evernorth is also taking a stake in the deal, and will become a minority owner in VillageMD.
By Rebecca Pifer • Nov. 7, 2022 -
Permission granted by One Medical
Capitated revenue now makes up outsized share of One Medical’s net revenue
One year after its Iora acquisition, revenue from capitated contracts represents half of One Medical’s net revenue even though the provider’s at-risk members comprise just 5% of total membership.
By Rebecca Pifer • Nov. 3, 2022 -
Alex Wong via Getty Images
CMS to ease Medicare ACOs into risk models in bid to boost participation
Beginning in January 2024, ACOs that don’t have experience with performance-based risk will be able to stay in a one-sided risk arrangement for up to seven years before transitioning to two-sided risk.
By Shannon Muchmore • Nov. 2, 2022
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