Aetna said it will sell its Medicare drug plans to WellCare Health Plans as part of a divestiture to help the insurer win Justice Department approval of its sale to CVS Health.
Rite Aid unveiled new governance, stripping CEO John Standley of the company’s chairmanship and adding new board members in the wake of a failed merger and mounting financial losses.
UnitedHealth Group sent a letter to more than 250 hospitals warning it may drop Envision from its network effective Jan. 1, 2019 if the insurer and the provider of emergency room services cannot come to an agreement.
China’s latest retaliatory tariffs have hit $4.7 billion in U.S. medical technology exports, the Advanced Medical Technology Association (AdvaMed) said.
It’s unclear whether Amazon’s cashierless stores will offer healthcare services, threatening CVS, Walgreens and Walmart and their push into providing medical care.