Author's posts
Rite Aid Loss Hits $306 Million As Troubles Mount
Rite Aid reported a quarterly loss of more than $306 million as the drugstore chain grapples with the loss of customers from its pharmacy benefit business.
Rite Aid Loss Hits $306 Million As Troubles Mount
Rite Aid reported a quarterly loss of more than $306 million as the drugstore chain grapples with the loss of customers from its pharmacy benefit business.
Walgreens Profits Tumble To $118 Million On ‘Significantly Lower Demand’ For Covid Vaccine And Tests
Walgreens Boots Alliance profits fell to $118 million – less than half of what they were a year ago – due to “significantly lower demand for COVID-related services.”
UnitedHealth’s Optum Wins Over Home Health Firm With $3.3 Billion Bid
Home health provider Amedisys on Monday agreed to a sweetened all-cash offer of $101 per share from UnitedHealth Group’s Optum health services business.
Blue Cross Plans Launch National Youth Mental Health Initiative
Blue Cross and Blue Shield health plans will launch a $10 million educational program with the Boys & Girls Clubs of America “to combat the youth mental health crisis.”
With CVS Health’s Exit, Walgreens Steps Up Clinical Research With Cancer Test Partner
Walgreens expanded its clinical trials and research business, partnering with Freenome to “increase diversity in research focused on the early detection of cancer.”
Uber’s Health Business Adds Grocery And OTC Product Delivery
Uber will soon send “customized healthy food, groceries & OTC orders directly to patient homes nationwide.”
In Walgreens Latest Divestiture, Drugstore Chain Sells Remaining Stake In Infusion Business
Walgreens Boots Alliance has sold its remaining stake in home infusion services provider Option Care Health for proceeds of about $330 million.
Alzheimer’s Drug Market To Hit $13 Billion As FDA Approvals And Insurance Coverage Escalate
Alzheimer’s disease drug Leqembi will be covered by Medicare once the Food and Drug Administration grants traditional approval, which could come as soon as early July.
UnitedHealth’s Optum Bids $3 Billion For Company In Hot Home Health Space
UnitedHealth Group’s Optum health services business Monday made an unsolicited cash offer of more than $3 billion to the board of home health provider Amedisys.
