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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.
AI driving uptick in venture capital investment in healthcare
Venture Capital investment in healthcare grew to $23 billion in 2024, up from $20 billion in 2023, as artificial intelligence established itself more firmly in the healthcare sector, according to the latest market insights report from Silicon Valley Ba…
IU Health says data compromised in cyberattack
Indiana University Health Affiliated Covered Entity (IU Health) said last week that it detected unusual activity linked to a team member’s email account, which resulted in some information being compromised, specifically a limited number of Social Secu…
Walgreens posts $265 million net loss in Q1
Citing lower retail sales, Walgreens said it has lost $265 million in its first fiscal quarter, which ended November 30 – a sharp decline
Cincinnati Children’s undergoing $365 million expansion
Cincinnati Children’s Hospital plans a major expansion at its Liberty Campus, which will double inpatient capacity and add surgical operating rooms as part of a $365 million project.
The project will also include construction of a large medical office …
Blue Cross Blue Shield of California appoints first female CEO
Blue Shield of California is undergoing a corporate restructuring, and as part of that effort has tapped Lois Quam to serve as its new chief executive officer. Quam, who joined the company in 2024, becomes the first woman in the health plan’s 86-year h…
H1 acquires data management company Ribbon Health
Healthcare technology company H1 has acquired data management software company Ribbon Health for an undisclosed sum with a mix of cash and stock, the company said this week.
Ribbon’s platform facilitates how patients find the right doctor across digita…
Transcarent to acquire Accolade for $621 million
Transcarent, an employee healthcare navigation company, has entered into a definitive agreement to acquire health benefits platform Accolade for about $621 million, or $7.03 per share in cash.
The Boards of Directors of both companies unanimously appro…
