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Addus Homecare buttons up $350 million Gentiva acquisition
Addus Homecare, a provider of home care services, has completed a $350 million acquisition of the personal care operations of Gentiva, which provides hospice, palliative and personal care services in the seven-state service area of Arizona, Arkansas, C…
American Heart Association launching HCM initiative
The American Heart Association, with initial funding from Bristol Myers Squibb, has launched a new three-year initiative to improve hypertrophic cardiomyopathy (HCM) systems of care and standardize how patients with HCM are identified, assessed, referr…
CVS Health makes pharmacy leadership appointments
CVS Health has announced a couple of new leadership appointments in its pharmacy division, with Len Shankman being appointed the new president of Pharmacy and Consumer Wellness (PCW), while Lucille Accetta will take over the role of chief pharmacy offi…
CVS Health closing MinuteClinic locations in Utah
CVS will be closing its three Utah MinuteClinic locations this week, with facilities in Highland, Ogden and West Jordan slated for closure by Saturday.
In a statement shared with Healthcare Finance News, CVS said it regularly evaluates MinuteClinic’s f…
Intermountain hospital recognized for vascular care
Intermountain Health St. Mary’s Regional Hospital in Grand Junction, Colorado has become the first community hospital in the country – and the fifth overall – to receive vascular verification from the American College of Surgeons and the Society for Va…
Humana CFO to step aside in the new year
Insurer Humana has announced that current Chief Financial Officer Susan Diamond is stepping down from her role in the new year, to be succeeded by Celeste Mellet, effective January 11.
Lawmakers push DOJ to investigate PBMs over opioids
A bipartisan group of lawmakers has sent a letter to Attorney General Merrick Garland saying that the Department of Justice should examine whether pharmacy benefit managers had a hand in the opioid epidemic.
Health systems see margin gains, though expenses still high
Health systems in the U.S. saw slight margin gains in October following three months of declines, while operating margins for individual hospitals narrowed and expenses remained high, according to new data published by Strata Decision Technology.
Alabama hospital expanding behavioral health capabilities
North Alabama Shoals Hospital in Muscle Shoals will be expanding on its behavioral health capabilities with an initiative that includes building a new 16-bed adolescent psychiatry unit and adding eight adult psychiatric beds, the hospital announced.
Ex-pharmacy owner sentenced in $11.5 million Medicare fraud case
Former pharmacy owner Aftab Hussain has been sentenced to two to six years in prison for allegedly stealing more than $11.5 million dollars through a Medicaid fraud scheme that targeted low-income HIV patients who needed life-saving medications, accord…
