Category: Disruptors

CVS exploring acquisition of Oak Street Health

CVS Health is in talks with Oak Street Health, which runs primary care centers for Medicare recipients, about a possible acquisition, Bloomberg reported Jan. 9. 

Virgin Pulse names former CVS leader chief medical officer

Virgin Pulse, the digital health arm of conglomerate Virgin Group, named former CVS Health leader Jeffrey Jacques, MD, as its chief medical officer.

6 recent healthcare moves from CVS

CVS Health has been making moves to further its ambitions of becoming a healthcare destination; most notably, it closed its $8 billion acquisition of Signify Health giving the company access to more than 10,000 clinicians.

Carbon Health lays off more than 200 employees

Primary care disruptor Carbon Health has laid off more than 200 employees, CEO Eren Bali wrote on Twitter.

Former Trinity Health digital chief joins GE HealthCare

The former chief digital health and analytics officer of Livonia, Mich.-based Trinity Health has joined GE’s new healthcare spinoff as its first chief technology officer.

What hospitals can expect from GE HealthCare

The new year began with a bang for GE HealthCare.

J&J consumer health arm files for IPO, moves closer to spinoff

Johnson & Johnson filed an initial public offering with the U.S. Securities and Exchange Commission for its consumer health unit, Kenvue, moving closer toward a spinoff, Bloomberg reported Jan. 4.

Google introduces chatbot for healthcare providers

Google and DeepMind are lauching MedPaLM, an open-sourced large language model that exclusively addresses medical queries, Tech Times reported Jan. 4. 

Walgreens Boots Alliance reports $3.7B Q1 net loss

Walgreens Boots Alliance reported a $3.7 billion net loss in the first quarter of the 2023 fiscal year ending Nov. 30, a significant drop from $3.6 billion in net income over the same period last year, driven by after-tax charges for opioid-related cla…

Amazon will be the biggest threat to health systems' core business: Survey

Fifty-two percent of health tech experts surveyed by Health Tech Nerds, an informational platform focusing on healthcare business, said Amazon would be the biggest threat to health systems’ core business in 2023.