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New York putting $188 million toward cancer center
New York State is investing in seven hospitals and healthcare partnerships, with preliminary approval part of the Healthcare Safety Net Transformation Program. This includes a $188 million investment in Jamaica Hospital and Memorial Sloan Kettering to …
Sutter Health makes $1 billion AI deal with GE
California-based Sutter Health is entering into a seven-year partnership with GE Healthcare designed to integrate artificial intelligence technology into its health system operations, the organizations said this week.
AdventHealth Parker plans $300 million expansion
Colorado–based AdventHealth Parker is planning a $300 million expansion project that includes a new patient tower with additional operating rooms and surgical beds.
15 more drugs selected for Medicare drug price negotiations
Fifteen additional drugs that are covered under Medicare Part D have been selected for price negotiations by the Department of Health and Human Services, the government agency said today.
44 million people enrolled in ACA programs, KFF finds
Upward of 44 million people, or 16.4% of the non-elderly U.S. population, have been covered by an Affordable Care Act initiative, including health plan enrollment and Medicaid expansion, finds a new KFF report.
UnitedHealth Group praises Optum, hits $400.3 billion in revenue
UnitedHealth Group’s 2024 revenues hit $400.3 billion in 2024 – a 6% year-over-year increase – and full-year earnings from operations were $32.3 billion.
CEO Andrew Witty attributed much of this performance to a strong showing from pharmacy benefit ma…
FTC says top three PBMs made $7.3 billion from marked up drug prices
The “Big 3” pharmacy benefit managers – CVS Caremark, Express Scripts and OptumRx – mark up specialty drugs at their affiliated pharmacies by hundreds or even thousands of percent, according to a new interim staff report from the Federal Trade Commissi…
Santa Clara County to buy HCA hospital for $150 million
The County of Santa Clara, California and HCA Healthcare have reached a definitive agreement in which the county will purchase Regional Medical Center for $150 million, the county said.
Medicare Part D drug prices up nearly 100%
The brand-name drugs covered under Medicare Part D have nearly doubled in price, and 25 of them are now up 98% since they debuted in the market, a new AARP Public Policy Institute analysis has found.
CMS announces financial incentives for nursing home staffing
The Centers for Medicare and Medicaid Services is offering eligible nursing homes a shot at applying for Financial Incentive Administrator designation as part of its recently announced Nursing Home Staffing Campaign.
