Category: Healthcare Finance News

AdventHealth Parker plans $300 million expansion

Colorado–based AdventHealth Parker is planning a $300 million expansion project that includes a new patient tower with additional operating rooms and surgical beds.

Teva files lawsuit against drug-price negotiations

Teva Pharmaceuticals has joined other drug makers in filing a lawsuit against the Department of Health and Human Services for the drug-pricing provisions of the Inflation Reduction Act.

15 more drugs selected for Medicare drug price negotiations

Fifteen additional drugs that are covered under Medicare Part D have been selected for price negotiations by the Department of Health and Human Services, the government agency said today.

44 million people enrolled in ACA programs, KFF finds

Upward of 44 million people, or 16.4% of the non-elderly U.S. population, have been covered by an Affordable Care Act initiative, including health plan enrollment and Medicaid expansion, finds a new KFF report.

Teladoc teams with Amazon on chronic care

Virtual care company Teladoc Health has announced it is teaming with Amazon to expand access to its telehealth chronic condition programs.
Amazon customers who are eligible for Teladoc Health’s diabetes, hypertension, pre-diabetes and weight management…

UnitedHealth Group praises Optum, hits $400.3 billion in revenue

UnitedHealth Group’s 2024 revenues hit $400.3 billion in 2024 – a 6% year-over-year increase –  and full-year earnings from operations were $32.3 billion.
CEO Andrew Witty attributed much of this performance to a strong showing from pharmacy benefit ma…

FTC says top three PBMs made $7.3 billion from marked up drug prices

The “Big 3” pharmacy benefit managers – CVS Caremark, Express Scripts and OptumRx – mark up specialty drugs at their affiliated pharmacies by hundreds or even thousands of percent, according to a new interim staff report from the Federal Trade Commissi…

Santa Clara County to buy HCA hospital for $150 million

The County of Santa Clara, California and HCA Healthcare have reached a definitive agreement in which the county will purchase Regional Medical Center for $150 million, the county said.

17 health systems invest in Truveta Genome Project

Seventeen health systems have launched the Truveta Genome Project to create what Truveta is calling the largest and most diverse database of genotypic and phenotypic information ever assembled. 
The health systems, with Illumina and Regeneron, have inv…

Medicare Part D drug prices up nearly 100%

The brand-name drugs covered under Medicare Part D have nearly doubled in price, and 25 of them are now up 98% since they debuted in the market, a new AARP Public Policy Institute analysis has found.