Vin Phan is a partner and practice leader of BDO’s National Healthcare Transaction Advisory Services practice. He works with companies on financial due diligence, including M&A transactions.
Category: Healthcare Finance News
Top Stories: Elevance finalizes BioPlus acquisition; Deidentifying wearable data not enough to protect privacy
Another insurer has finalized a large acquisition. Who’s the buyer, and what did they get? We’ll touch on that and other topics in this week’s Top Stories, including the privacy of data on wearable devices, and an opportunity for doctors to weigh in on…
Humana exiting employer group insurance business
Humana has said it will be exiting the Employer Group Commercial Medical Products business, which includes all fully insured, self-funded and Federal Employee Health Benefit medical plans, as well as associated wellness and rewards programs.
Court prevents former Cigna exec Bricker from joining CVS Health during lawsuit
Former Cigna executive Amy Bricker is being temporarily blocked from beginning her new job at CVS Health, pending the outcome of a lawsuit over Cigna’s noncompete agreement, according to a restraining order filed in a Missouri district court.
CMS declines to reconsider coverage for FDA-approved drugs for Alzheimer’s disease
The Centers for Medicare and Medicaid Services is not reconsidering the national coverage determination for Food and Drug Administration (FDA)-approved medications for Alzheimer’s disease.
The FDA-approved monoclonal antibodies are directed against amy…
Surgeries cost more at in-network hospitals than at independent facilities
Surgical procedures at in-network hospitals carry a far higher cost than at independent hospitals, a trend that held true for 15 of 16 surgical procedures analyzed in a new study published in JAMA Network Open.
Amazon completes $3.9B acquisition of One Medical
Amazon has completed its $3.9 billion acquisition of primary care provider One Medical, the tech giant announced Wednesday.
The Federal Trade Commission has decided it won’t challenge Amazon’s $3.9 billion deal for One Medical, according to Politco.
Medicare Advantage still growing, but the growth is slowing
Medicare Advantage continues to grow, hitting record enrollment this year and increasing overall program participation by 5.5% while adding 1.5 million beneficiaries. But according to data from Chartis, the pace of this growth is slowing.
Medicare Advantage plans denying more inpatient claims
Healthcare systems have found themselves in precarious financial standing due to a dramatic increase in the number of inpatient claims being denied by health insurers based on the lack of medical necessity, according to data collected by accounting and…
UnitedHealth’s $5.4 billion deal with LHC set to close on Thursday
UnitedHealth Group’s acquisition of home health company LHC Group is tentatively scheduled to close on Thursday, February 23 pending regulatory approvals, according to a Nasdaq notice.
In anticipation of the closing, UHC stock will be halted immediatel…
