The Latest
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Illustration: Xavier Lalanne-Tauzia for Industry Dive
Tenet raises full-year earnings guidance again
Tenet has an emerging “beat and raise” track record on Wall Street, analysts said.
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Kent Nishimura via Getty Images
Warren, Democratic lawmakers introduce bill to resurrect Chevron doctrine
The Stop Corporate Capture Act would codify the Chevron doctrine, which required federal courts to defer to agencies’ reasonable interpretation of ambiguous statutes.
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Lawmakers question resuming VA Oracle EHR rollout at subcommittee hearing
Deployments of the new electronic health record have largely been on hold, except for the recent launch at a medical center in Illinois. Agency and Oracle officials said the rollout went well.
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Courtesy of Adventist HealthCare
Adventist HealthCare taps new CEO
John Sackett will step into the role on Aug. 4, replacing Terry Forde, who is leaving for a role at Health First.
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PBMs battle bipartisan scrutiny as lawmakers eye industry reform
Top executives of CVS Caremark, Optum Rx and Express Scripts made a rare congressional appearance to defend pharmacy benefit managers’ drug pricing policies.
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Molina to acquire ConnectiCare for $350M
The acquisition, expected to close in the first half of 2025, will bring the health insurer into Connecticut.
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HCA posts $17.5B in Q2 revenue and raises full-year guidance
The Nashville, Tennessee-based provider attributed the stronger-than-expected results to increased patient volumes.
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Courtesy of Humana
Humana’s CenterWell to open 23 primary care clinics at Walmart stores
CenterWell said it will lease space at Walmart Supercenter stores in four states.
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Maternal health quality varies widely by state: report
In states with more restrictive abortion bans, maternal health providers tend to be more scarce and maternal deaths were typically higher, according to a report from the Commonwealth Fund.
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Courtesy of UnitedHealth Group
Pharmacy group, providers sue Change Healthcare after cyberattack
The National Community Pharmacists Association and dozens of providers argue UnitedHealth-owned Change didn’t have adequate cybersecurity protections and caused them financial losses.
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Healthcare costs could grow up to 8% next year: PwC
The growth is driven by inflationary pressures, prescription drug spending and rising utilization of behavioral healthcare, according to the consultancy.
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Courtesy of Walgreens
S&P Global Ratings downgrades Walgreens, citing struggles in both pharmacy and retail
The drugstore retailer faces debt maturities, while the upending of some strategies introduces new uncertainties, analysts said.
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Kent Nishimura/Getty Images via Getty Images
What does your CEO need to know about cybersecurity?
CEOs don’t necessarily have to become experts in the technical aspects of cybersecurity to be prepared for an attack or — hopefully — to stop one before it starts.
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Tracking Steward's declineSteward fails to spark competitive auction during first round of hospital sales
The bankrupt health system did not receive any qualified bidders in Ohio and Pennsylvania.
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Joe Raedle via Getty Images
CMS cracks down on ACA brokers to prevent plan switching
Agents and brokers connecting consumers with Affordable Care Act plans now have to jump new hurdles to change their coverage, following mounting complaints about unauthorized plan switching.
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Florida awards additional Medicaid contracts to CVS, UnitedHealth, Molina
The three payers were cut out of the state’s first round of contracts divvied out in April.
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Commure to acquire AI scribe Augmedix in $139M deal
The take-private deal would help the firm scale its documentation products to more providers and health systems, CEO Manny Krakaris said.
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Matt Kapko/Healthcare Dive
CrowdStrike outage hits US hospitals
The cybersecurity firm released what was meant to be a routine software update, but now health systems, including CommonSpirit Health and Cleveland Clinic, are locked out of Windows systems.
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SDI Productions via Getty Images
Healthcare is an ‘easy victim’ for ransomware attacks. How hospitals can mitigate the damage.
Limited resources in a highly connected ecosystem can make hospitals vulnerable, but planning ahead and implementing key protections could help thwart attack.
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Tippapatt via Getty Images
Digital health funding declines, but check sizes swell: CB Insights
While the number of deals reached its lowest levels since 2014, the average deal size for the first half of 2024 was 40% higher than the year prior.
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UnitedHealthcare, Neighborhood Health Plan win Rhode Island Medicaid contracts
The state’s managed care organizations handle health benefits for 90% of its Medicaid beneficiaries each year.
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Courtesy of Instacart
Northwell Health partners with Instacart to bolster food access
The tie-up with New York’s largest healthcare provider is focusing first on supporting expecting mothers in Black and Brown communities who are food insecure.
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AmnajKhetsamtip via Getty Images
Providence names new CEO
Erik Wexler, currently the health system’s COO, will step into the CEO role on Jan. 1.
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iStock via Getty Images
Humana invests in Medicare choice tool Healthpilot
The startup uses AI to recommend Medicare Advantage, Medicare supplement and prescription drug plans based on enrollees’ healthcare preferences and needs.
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Permission granted by Elevance Health
Elevance hits $2.3B in profit but trims long-term guidance
Elevance beat Wall Street expectations in second-quarter results posted Wednesday, despite steep Medicaid membership losses that are affecting revenue forecasts.
