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Cigna logs $1.3B profit in Q1, promises transparency around PBMs
Health insurer Cigna has reported $1.3 billion in profit for the first quarter of this year, and has pledged more transparency around its pharmacy benefit manager business, which plays heavily into the company’s Evernorth subsidiary.
Cigna Chairman and…
Senators push DEA to permanently extend telehealth prescribing ability
Six U.S. Senators have penned a letter to the Drug Enforcement Agency imploring it to make permanent the flexibilities allowing physicians to prescribe controlled substances through telehealth without a face-to-face evaluation.
Medicare Advantage enrollment hits 50% of beneficiaries
Medicare Advantage has been growing in popularity among Medicare beneficiaries, but now the offering has hit a milestone: According to recently released data from the Centers for Medicare and Medicaid Services, Medicare Advantage now provides Medicare …
Two die in Ei Lilly Phase 3 study of Alzheimer’s drug
Donanemab, an Alzheimer’s drug candidate produced by Eli Lilly, showed that it can slow cognitive decline by 35% in the company’s new Phase 3 study, but there are some safety risks – exemplified by two deaths that occurred during the trial that were at…
CVS Health completes Oak Street Health acquisition
CVS Health has officially completed its acquisition of Oak Street Health, the company revealed this week.
Envision Healthcare receives $91.2M in judgment against UnitedHealthcare
Envision Healthcare was awarded more than $91 million by an independent arbitration panel on March 30, in its arbitration against UnitedHealthcare for underpayment of essential medical care, the company revealed this week.
In addition to the award, the…
One in five with limited public transit access have deferred care
While private motor vehicles are the primary form of transportation in the U.S., many people – including those in urban areas, Black or Hispanic people and those with low incomes – rely on public transportation.
BCBS of Michigan, Vermont to join forces in affiliation
The Blue Cross Blue Shield outfits in Michigan and Vermont have reached an agreement to affiliate and work together across each respective company, the organizations revealed this week.
Through their combined forces, the companies said the affiliation …
Real-time visualizations improved care delivery at UVA Health
CHICAGO – Patient care in the intensive care unit generates huge volumes of complex data. This influx of data can be a lot to handle, overwhelming staff who are trying to aggregate and summarize pertinent information. University of Virginia Health Medi…
Quantum computing poised to transform healthcare
CHICAGO – Quantum computing reached a milestone in 2022 when a 400-plus qubit machine was demonstrated at a time when experts were questioning the feasibility of even a 100 qubit system. The question is no longer whether quantum computing will speed up…
