Data from S&P Global Market Intelligence shows a decline in M&A value in Q2, which can be attributed to the pandemic.
Category: Healthcare Finance News
Employers give insurers so-so grade in push to drive healthcare quality, value
Cigna received the highest marks for its efforts toward driving for value, while UnitedHealthcare ranked lowest.
U.S. government engaging Pfizer to produce millions of COVID-19 vaccine doses
Pfizer will deliver the doses in the U.S. if the product receives Emergency Use Authorization or licensure from the FDA.
Frost and Sullivan provides industry analysis and post-pandemic predictions
The company conservatively projects a loss in revenue for 2020 spanning from a 1% to 45% decline compared to its original estimate for each sector.
New York City expected to significantly increase healthcare construction following pandemic
For the next three years, every borough except Staten Island is expected to have an increase in spending.
AHA calls for more CARES Act funds, projects $323 billion in losses
Hospital margins could sink to a median as low as -7% by year’s end, and half of all hospitals may be in the red.
Blue Cross and Blue Shield of North Carolina reduces cost for 90-day medication supplies
The rule went into effect July 15 for fully insured customers, but does not include Medicare members due to regulatory restraints.
Business leaders push for healthcare price transparency in the next COVID-19 stimulus
The signatories contend that by requiring hospitals to post real prices, patients will better be able to evaluate their options.
Molina Healthcare to acquire certain assets of Passport Health Plan for $20M
The anticipated reduction in health plan startup costs should allow Molina to recover the purchase price in about a year.
UnitedHealthcare donates $12.3M to help community-based organizations recover from the pandemic
Over half of the grant funds will help organizations increase their capacity to fight COVID-19 and support impacted communities.
