Walgreens Boots Alliance has announced the acceleration of its plans to acquire full ownership of home coordination company CareCentrix.
Category: Healthcare Finance News
Blue Shield of California sues state over Medi-Cal changes
Blue Shield of California has filed a lawsuit against the state’s Department of Health Care Services alleging the department of failing to supply documents detailing plans for how it will contract with for-profit insurers who seek participation in Medi…
Booster uptake lacking despite data showing efficacy
While data shows that COVID-19 vaccines are safe and effective, only a paucity of Americans are getting booster shots so far this fall, according to statistics released by the Assistant Secretary for Planning and Evaluation.
Hospital and physician groups ask DOJ to investigate threats to gender-affirming care
The American Medical Association, the American Academy of Pediatrics and the Children’s Hospital Association have sent a letter to the U.S.
Administrative waste comprises 15 to 20% of healthcare spending, Health Affairs shows
Between 15 to 30% of all medical spending in the U.S. is attributable to administrative spending, which totaled between $285 billion and $570 billion in 2019, according to new research published by Health Affairs.
The report added that much of this spe…
CVS Health appoints former Optum exec to lead new healthcare delivery organization
CVS Health has appointed former Optum executive Dr. Amar Desai as president of its newly formed Health Care Delivery organization, where he will oversee implementation of key areas of the company’s health services and care delivery strategy.
The new or…
CMS seeks comment on first healthcare provider directory
CMS is seeking public input on a relatively new concept for the agency: a directory containing information on healthcare providers and services, dubbed the “National Directory of Healthcare Providers and Services.” A request for information was sent ou…
CVS Health selling benefits technology provider bswift to Francisco Partners
CVS Health will officially be selling bswift, a provider of benefits technology and services, to Francisco Partners, a global investment firm that specializes in partnering with technology businesses.
Financial terms of the transaction have not been di…
HIMSSCast: Beyond remote care is augmented and virtual reality
Remember when the capabilities of the internet seemed mind-boggling? Digital twins and the metaverse are the next iteration of the internet, according to GridRaster’s co-founder and COO Dijam Panigrahi.
See the list: Fewer plans earned 5 stars in 2023 MA star ratings
The Centers for Medicare and Medicaid Services has released the Medicare Advantage and Part D Star Ratings for 2023.
In all, 57 contracts earned five stars, down significantly from 74 last year. There were 67 contracts that earned 4.5 stars (down from …
