Following what executives described as the worst quarter since Walgreens Boots Alliance was formed, Walgreens Thursday said fiscal third quarter profits tumbled nearly 24% to $1 billion compared to the year-ago period.
Rite Aid losses hit nearly $100 million in the company’s first quarter as the struggling retailer faces reimbursement pressures amid a search for a new CEO.
Lyft’s Arizona Medicaid relationship offers a glimpse into the expanding opportunities for ride sharing companies including rival Uber as they expand into non-emergency medical transportation services.
UnitedHealth Group’s acquisition of DaVita Medical Group will bring the health insurer’s Optum provider business several key fast-growing new markets despite an FTC-ordered divestiture of Las Vegas medical providers.
UnitedHealth Group’s Optum has won Federal Trade Commission approval of its $4 billion acquisition of DaVita Medical Group after a settlement was reached over allegations of a monopoly in the Las Vegas market.
Rite Aid is partnering with Adobe and its cloud-based technology to better personalize “health and wellness experiences” for the drugstore chain’s customers.