Walgreens said it has formed a partnership with Microsoft Corp. to “develop new health care delivery models, technology and retail innovations to advance and improve the future of health care.”
Hospital and health system mergers involved even bigger players in 2018 as the average seller size hit $409 million in revenue, Kaufman Hall says in its annual healthcare merger review.
Despite a stock price trading below $1 per share, Rite Aid CEO John Standley said the drugstore chain remains “very relevant in the markets that we are in.”
CVS Health CEO Larry Merlo said the drugstore giant and Aetna are “already rolling out” new services and programs to improve care for patients with chronic conditions.
Walgreens Boots Alliance said its joint venture with Humana to develop senior health clinics has to “standalone and make a profit by itself” to be successful in the long-term.
House Speaker Nancy Pelosi wants to “raise the income level at which people can get subsidies” to help buy Obamacare, the Democrat told MSNBC’s Joy Reid.
The NYSE’s notice to Rite Aid that the drugstore chain is no longer in compliance with “listing standards” may trigger a “reverse stock split,” the company said.
The Joint Commission is revising “assessment and management standards” for behavioral health care, home care and nursing care center programs in the wake of the nation’s opioid crisis.