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HCA Healthcare reaches $17.5 billion in revenue in Q2
Nashville, Tennessee-based HCA Healthcare brought in close to $1.46 billion in income and generated $17.5 billion in revenue during the second quarter of 2024 – both improvements over its Q2 2023 performance, during which net income was $1.19 billion a…
39 healthcare providers sue UnitedHealth Group over Change cyberattack
Thirty-nine healthcare providers, along with the National Community Pharmacists Association, have filed a class action lawsuit against UnitedHealth Group – plus subsidiaries Optum and Change Healthcare – over the Change Healthcare cyberattack that occu…
Cigna targeting disparities with health equity impact fund
Cigna’s philanthropic arm, the Cigna Group Foundation, is attempting to address health disparities through the Cigna Group Health Equity Impact Fund, through which the insurer will spend $9 million over the next three years to address inequities within…
CMS restricts broker access to Healthcare.gov
In response to a wave of consumer complaints, the Centers for Medicare and Medicaid Services has put in place rigid restrictions meant to prevent insurance brokers from switching consumers’ Affordable Care Act plans without their permission.
Starting l…
DaVita paying $34 million over kickback allegations
Colorado-based kidney care company DaVita has agreed to pay about $34.5 million to resolve allegations that it violated the False Claims Act by paying kickbacks to induce referrals to DaVita Rx, a former subsidiary that provided pharmacy services for d…
GE Healthcare nabs AI ultrasound company for $51 million
GE Healthcare has entered into an agreement to acquire Intelligent Ultrasound’s clinical artificial intelligence software business for $51 million. Intelligent Ultrasound specializes in integrated AI-driven image analysis tools designed to make ultraso…
MD Anderson forms oncology partnership with Zambia
The University of MD Anderson Cancer Center in Houston is further expanding its global oncology efforts by entering into a five-year agreement with the Zambian Ministry of Health – a deal that aims to enhance cancer prevention, treatment, research and …
White House cancels $1.2B in student loan debt, impacting healthcare
As the president prepares to leave the race and end his bid for reelection, the Biden administration announced last week that it’s canceling an additional $1.2 billion in student debt for more than 35,000 public service workers, including those in the …
Mandatory organ transplant model draws ire from AHA
The American Hospital Association is saying that the Increasing Organ Transplant Access (IOTA) Model could thwart the Biden administration’s goal of expanding access by causing undue disruption and uncertainty into the transplant process.
The Centers f…
Healthcare costs on pace to rise 8% over the next year
Commercial healthcare spending growth is estimated to grow to its highest level in 13 years, with PwC’s Health Research Institute (HRI) predicting in a new report an 8% year-on-year medical cost trend in 2025 for the group market and 7.5% for the indiv…
