Author's posts
Walgreens considering selling all of its VillageMD business
Walgreens Boots Alliance is considering selling all of its VillageMD primary care clinics, according to a filing with the Securities and Exchange Commission.
The company is evaluating options in light of ongoing investments into VillageMD and its subst…
HIMSSCast: DoH Abu Dhabi and AstraZeneca establish New Rare Diseases Centre of Excellence
The Department of Health Abu Dhabi has been pursuing partnerships to become a life science and global hub for rare diseases, AI and obesity.
A recent Memorandum of Understandings with AstraZeneca aims to tackle rare diseases, which are less rare in the…
Rural Northeast health system CEOs seek federal support
The CEOs of three rural academic health systems in the Northeast want federal lawmakers to provide new policies, programs and payments.
The leaders of Dartmouth Health, headquartered in New Hampshire, MaineHealth and the University of Vermont Health Ne…
Centene to exit Medicare Advantage market in 6 states
Centene will exit the Medicare Advantage market in at least six states in 2025, according to an August 5 research brief by Stephens. This is a recent development, according to Stephens, an independent financial services firm and privately owned investm…
Steward closing two hospitals, laying off over 1,200 employees
Steward Health Care plans to close two hospitals in Massachusetts by the end of the month, resulting in over 1,200 layoffs.
Sales of its other 29 hospitals have been delayed and Steward’s CEO Ralph de la Torre has been subpoenaed to appear before a Sen…
Tenet selling five Birmingham hospitals to Orlando Health
Tenet Healthcare Corp. is selling its 70% majority ownership interest in Brookwood Baptist Health in Birmingham, Alabama, for approximately $910 million to Orlando Health in Florida.
The after-tax proceeds of the transaction are approximately $790 mill…
Cigna CEO David Cordani: ‘Biosimilars represent a force of change and opportunity for continued growth’
Cigna’s profits increased to $1.9 billion during the second quarter, compared to $1.8 billion during the same quarter in 2023, according to the company’s earnings report released August 1.
The growing specialty pharmacy business is one reason for the i…
Hospitals get 2.9% payment increase in final rule
The Centers for Medicare and Medicaid Services is increasing payment to inpatient hospitals by 2.9%, a rate the American Hospital Association said is unsustainable.
Hospice 2.9% increase ‘falls short’
A 2.9% payment increase for hospice providers “falls short,” according to Katie Smith Sloan, president and CEO of LeadingAge, an association of nonprofit providers of aging services.
Sloan was responding to the Centers for Medicare and Medicaid Service…
Hospital star ratings lower as data includes COVID-19 fallout
Fewer hospitals earned 5 stars and more received the lowest ranking of 1 star in the Overall Hospital Quality Star Ratings for 2024 released by the Centers for Medicare and Medicaid Services.
