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Amazon Latest Pharmacy To Offer Drone Delivery Of Prescriptions
Amazon said its pharmacy business is launching drone delivery of prescription medications in College Station, Texas, ahead of an eventual launch in other cities across the U.S.
Elevance Health Reports $1.3 Billion Profit And Insurer Ups Forecast Once Again
Elevance Health reported a third quarter profit of $1.29 billion as the health insurer added health plan members despite a big dip in Medicaid enrollment.
Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close
Rite Aid filed for Chapter 11 bankruptcy protection Sunday and disclosed plans to close additional “underperforming stores.”
UnitedHealth Group Profits Top $5.8 Billion On ‘Double-Digit’ Optum And Health Plan Growth
UnitedHealth Group reported a $5.8 billion third quarter profit as its health insurance plans and Optum medical provider businesses grew by “double-digit” percentages, the company said Friday.
Oscar To Expand Obamacare To 165 New Counties Across 18 States
Oscar Health plans to expand its individual and family coverage offerings by 165 new counties across 18 states as the health insurer approaches profitability for the first time in its history.
Walgreens Reports $180 Million Loss Ahead Of New CEO Taking Over
Walgreens Boots Alliance reported a $180 million loss in the company’s fiscal fourth quarter thanks in part to “significantly lower COVID-19 vaccine and testing volumes.”
Humana Sets Succession For Retiring CEO Bruce Broussard
Health insurer Humana announced a succession plan for long-time chief executive officer Bruce Broussard who will retire next year and be replaced by Jim Rechtin, the current CEO of Envision Healthcare.
Walgreens Taps Former Express Scripts Chief Tim Wentworth As New CEO
Walgreens Boots Alliance named former Express Scripts chief executive Tim Wentworth as the drugstore giant’s new CEO.
Abbott’s Biowearable Performs Well In U.K. Ahead Of U.S. Launch
Abbott Laboratories wearables with a biosensor are performing well with consumers in the United Kingdom, a test market that precedes an eventual U.S. regulatory filing before the end of this year.
Amazon’s One Medical Looks To Add More Services In Existing Markets
Amazon’s One Medical is focused on “bringing more services in markets where we operate,” Amazon health executives said.
