Medical Groups: Page 8
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Walgreens makes progress on turnaround in Q1, though losses grow
Despite a $265 million net loss, investors saw reason for optimism in the quarter, including renegotiated pharmacy contracts and the closure of 70 underperforming stores.
By Rebecca Pifer Parduhn • Jan. 10, 2025 -
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Deep DiveStates curb CON laws to boost bed capacity
The COVID-19 pandemic and population growth have led many states to scale back or eliminate Certificate of Need laws, which require providers to get regulatory approval before expanding or adding healthcare facilities.
By Michael Brady • Jan. 3, 2025 -
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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Biden signs funding bill extending telehealth flexibilities, but no relief for doctors — or PBM reform
Physician groups slammed Congress for allowing a 2.8% cut to their Medicare pay to go into effect.
By Rebecca Pifer Parduhn • Dec. 23, 2024 -
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Opinion7 bold policies to reshape rural healthcare
The CEO of the American Academy of Family Physicians argues for policies to incentivize growth in the rural primary care workforce.
By R. Shawn Martin • Dec. 20, 2024 -
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7 of the biggest healthcare cyberattack and breach stories of 2024
Cyberattacks targeting the healthcare industry continued to rise last year. Here are some of the largest incidents, from Change Healthcare to Ascension.
By Sydney Halleman • Dec. 19, 2024 -
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MedPAC supports add-on payments for low-income Medicare patient care
Commissioners on the Medicare Payment Advisory Commission also largely supported recommendations to increase pay for physicians and other health professionals slightly less than inflation in 2026.
By Emily Olsen • Dec. 13, 2024 -
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‘Research that’s desperately needed’: White House conference spotlights women’s health
“Sometimes the most under-hyped sectors are the best places to build very large businesses,” said one venture investor who attended last week’s event.
By Delilah Alvarado • Dec. 12, 2024 -
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CareTrust REIT continues acquisition spree with $97M deal
The real estate investment trust also finalized its purchase of 14 skilled nursing facilities first announced in October.
By Susanna Vogel • Dec. 12, 2024 -
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CareMax could lay off 530 people, including executives
However, the ultimate decision as to which — if any — employees will be cut depends on pending sales of CareMax’s management services organization and clinical centers.
By Susanna Vogel • Dec. 10, 2024 -
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Corewell Health to adopt Abridge’s AI documentation tool
The deployment is one of Abridge’s largest health system partnerships, said CEO Shiv Rao. The product will be available to 4,000 employed physicians and advanced practice providers.
By Emily Olsen • Dec. 5, 2024 -
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AI adoption for medical imaging soars: Klas Research
More than half of survey respondents reported using an AI algorithm for at least one imaging use case, compared with just 17% in 2018.
By Emily Olsen • Dec. 4, 2024 -
Joey Sirmons / Healthcare Dive/Healthcare Dive
8 experts on leveraging AI in healthcare
Healthcare organizations must carefully vet AI tools, address patient concerns and keep an eye on standards and regulation, according to industry experts who spoke at a Healthcare Dive virtual event.
By Sydney Halleman • Dec. 3, 2024 -
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Hospices owned by private equity firms underperform nonprofit facilities, study says
The JAMA study comes as federal regulators scrutinize private equity’s role in healthcare.
By Susanna Vogel • Dec. 2, 2024 -
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VillageMD CEO Tim Barry steps down
Barry has left VillageMD during a difficult time for the value-based medical group, which has dragged down the finances of majority owner Walgreens.
By Rebecca Pifer Parduhn • Dec. 2, 2024 -
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Tenet to deploy Commure’s AI scribe at physician network
The deal comes weeks after Commure partnered with another for-profit provider, HCA Healthcare, and acquired AI documentation firm Augmedix.
By Emily Olsen • Nov. 22, 2024 -
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Healthcare costs are going to increase by double digits again, per WTW
While some factors are out of employers’ control, it’s up to companies to balance rising costs with budget expectations, experts said.
By Caroline Colvin • Nov. 21, 2024 -
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Providers will need to boost cyber defenses amid AI adoption: Moody’s
AI could ease labor shortages, but health systems will need to increase cybersecurity spending to manage heightened risks, according to the credit ratings agency.
By Emily Olsen • Nov. 21, 2024 -
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Oak Street Health co-founder departs CVS
Mike Pykosz, who joined CVS with its acquisition of the value-based medical chain in 2023, is departing amid a flurry of high-level ousters at the struggling company. However, Pykosz is leaving voluntarily, CVS said.
By Rebecca Pifer Parduhn • Nov. 20, 2024 -
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CareMax, dragged by Steward, files for bankruptcy
CareMax was the exclusive Medicare managed service organization to Stewardship Health. Steward’s bankruptcy posed an “existential threat” that CareMax said it couldn't overcome.
By Susanna Vogel • Updated Nov. 20, 2024 -
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Cardinal Health inks 2 acquisitions worth $3.9B
The drug distributor will buy a majority stake in gastroenterology practice management group GI Alliance and purchase Advanced Diabetes Supply Group in deals that should close in early 2025.
By Emily Olsen • Nov. 14, 2024 -
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High labor expenses still challenging providers: report
Medical groups' median investment in each employed physician surpassed $300,000 for the first time ever in the third quarter, according to Kaufman Hall.
By Emily Olsen • Nov. 13, 2024 -
Retrieved from Aerial Lens on October 10, 2024
Baxter to restart second IV fluid production line at hurricane-damaged site
However, CEO Joe Almeida stressed the earliest new products could start to ship from the plant is late November.
By Susan Kelly • Nov. 11, 2024 -
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Private equity dealmaking in healthcare services falls again in Q3: PitchBook
Still, PitchBook analysts said the PE market is poised for a turnaround.
By Emily Olsen • Nov. 8, 2024 -
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MedPAC backs tying physician pay to inflation, but ducks specifics
During a meeting Thursday, commissioners debated different solutions to lackluster physician pay with one theme in common: linking doctors’ annual payment update to the Medicare Economic Index.
By Rebecca Pifer Parduhn • Nov. 8, 2024 -
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CVS appoints new Aetna head following mixed third-quarter results
This year has been defined by an unsuccessful fight against elevated medical costs for CVS. The third quarter was no different.
By Rebecca Pifer Parduhn • Nov. 6, 2024
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