Medical Groups: Page 24
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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 Parduhn • 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 -
Explore the Trendline➔
Getty Images
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 -
Oak Street names first chief wellness officer
Deb Edberg has been a practicing physician with Oak Street since 2019.
By Rebecca Pifer Parduhn • 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 -
Carol Highsmith. (2005). "The Apex Building" [Photo]. Retrieved from Wikimedia Commons.
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 Parduhn • 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 -
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 -
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 -
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 -
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 -
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 -
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 Parduhn • Dec. 6, 2022 -
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 Parduhn • Dec. 2, 2022 -
Sponsored by Veradigm
Will 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 -
Deep Dive
Health 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 -
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 Parduhn • Nov. 21, 2022 -
Deep Dive // HLTH22
One 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 Parduhn • Nov. 18, 2022 -
Deep Dive // HLTH22
Oak 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 Parduhn • 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 -
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 -
HLTH22
Maven 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 Parduhn • Nov. 15, 2022 -
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