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CVS Health records $2.3 billion in profit in the first quarter
CVS Health beat industry expectations by bringing in $2.3 billion in profit in the first quarter of this year, a slight increase over the $2.2 billion profit posted during the same time last year, according to an earnings report filed this week.
Pfizer’s oral COVID-19 antiviral fails to prevent infection, data shows
Paxlovid, an oral COVID-19 antiviral produced by pharmaceutical manufacturer Pfizer, proved ineffective at preventing coronavirus infection among people living in the same house as an infected person, according to new data published by the company.
AHA, AMA, AHIP and others support permanent extension of ACA tax credits
The American Hospital Association has joined the American Medical Association, AHIP and other healthcare organizations in drafting a letter to congressional leaders supporting a permanent extension of tax credits under the Affordable Care Act.
Hospital operating margins negative for the third straight month, finds Kaufman Hall
Hospital operating margins showed slight improvement from February to March, but year-over-year they’re still down almost 49%, marking the third straight month in which margins lagged – suggesting that hospitals still have a long road to travel before …
Highmark Ventures, GuideWell raise $35 million for kidney health company
Guidewell and Highmark Ventures led a $35 million funding round for Healthmap, a kidney population health management company, joining other investors such as Windrose, DCHP and Shulman Ventures, who contributed to previous funding rounds.
GuideWell is …
Mental health concerns continue to rise for Americans, poll finds
Mental health concerns keep rising among Americans of all backgrounds, especially those who are Black, young adults, older than 65 or who identify as LGBTQIA+.
HHS puts $90 million toward addressing health disparities through data
The U.S. Department of Health and Human Services, through the Health Resources and Services Administration, is earmarking roughly $90 million in American Rescue Plan funds to reduce health disparities through new data-driven efforts for HRSA Health Cen…
CMS outlines health equity strategy with a focus on access
On Wednesday, the Centers for Medicare and Medicaid Services outlined a multi-pronged action plan geared toward promoting health equity, which will be enacted throughout the agency and will focus on access, outcomes and outreach to better serve margina…
Virginia Hospital Center rebrands, now known as VHC Health
Virginia Hospital Medical Center, a community-based hospital system headquartered in Arlington, is kicking off rebranding efforts and will now be known as VHC Health, joining other organizations that have rebranded in an effort to retain or attract new…
Cigna’s Evernorth, Kaiser Permanente team on improving healthcare access
Evernorth, Cigna Corporation’s health services business, and integrated health system Kaiser Permanente are entering into a five-year collaboration for health benefit access and specialty pharmacy services.
Initially, the agreement will focus on two ma…
