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UnitedHealth fourth-quarter revenue rises on membership gains, Optum sales
UnitedHealth Group kicked off earnings season with higher fourth-quarter and full-year 2018 revenue thanks to strong financial results in both its insurance business, UnitedHealthcare, and health services subsidiary, Optum.
Tenet inks multiyear contracts with Humana, Anthem
Tenet Healthcare Corp. has signed contracts with Humana and Anthem. Combined with its recent Cigna contract, the health system is 92% contracted, according to CEO Ron Rittenmeyer.
Azar says drug price model has already changed the market
HHS Secretary Alex Azar said a proposal to tie prices for certain Medicare drugs to lower prices paid overseas is already paying dividends even though it hasn’t formally been introduced yet.
Cerner co-founder Cliff Illig resigns from the company
Illig is leaving the company to focus on “outside interests,” including the professional soccer business.
New VA community care program regs stall at OMB over cost
White House budget officials are weighing draft regulations to shape the VA’s new, streamlined community care program that is poised to bring billions into private hospitals and clinics.
Hartford Healthcare joins growing number raising minimum hourly wage
Hartford HealthCare announced Monday it will increase the Connecticut integrated health networks’s minimum hourly rate to $15, effective March 31.
House kicks off drug pricing, manufacturer merger oversight
Pharma critic Rep. Elijah Cummings is probing a dozen manufacturers over their drug pricing strategies and a bipartisan duo is calling for the FTC and Justice Department to come down on Bristol-Myers Squibb’s acquisition of Celgene.
Three top Baylor St. Luke’s execs out following CMS review
Baylor St. Luke’s Medical Center announced the departures of three top executives, including the hospital’s president. The news follows a CMS review into a patient death.
5 questions for CVS Health CEO Larry Merlo
Will the CVS-Aetna merger hurt competition? Are PBMs in trouble in Congress? Will drones start delivering prescription drugs? CVS Health CEO Larry Merlo weighed in.
ONC adds to its interoperability standards advisory
The ONC continually revises the interoperability standards advisory, a set of standards and specifications it encourages the industry to adopt in the quest for greater interoperability.
