Pharmaceutical distributor Cardinal Health is eyeing an expanded footprint in the specialty medicine space through the planned acquisitions of GI Alliance (GIA) and Advanced Diabetes Supply Group (DSG).
Category: Healthcare Finance News
Labor expenses continue to challenge hospitals
While hospital and health system financial performance was relatively stable in September, expenses remain high, especially when compared to 2021-2023, according to Kaufman Hall’s September Flash report released this month
Contract labor rates and uti…
AHA promotes healthcare navigators in letter to CMS
In a letter sent this week to the Centers for Medicare and Medicaid Services, the American Hospital Association voiced its support for healthcare navigators, who are used by hospitals and health systems to help patients navigate through the financial a…
DOJ sues to block UnitedHealth’s acquisition of Amedisys
The Department of Justice has sued UnitedHealth Group and Amedisys over their planned merger due to anticompetitive concerns.
UnitedHealth and Amedisys are two of the largest home health and hospice providers in the country, according to the lawsuit fi…
NAACOS pushes ACO REACH extension after $1.54B in savings
Accountable Care Organizations in the Centers for Medicare and Medicaid Services’ ACO Reach program achieved $1.54 billion in gross savings and $694.6 million in net savings in 2023, CMS has announced.
The National Association of ACOs (NAACOS) has resp…
Astrana Health to acquire Prospect providers, health plan
Technology company Astrana Health is acquiring certain assets of Prospect Health for $745 million.
MD Anderson launches new cancer research center
The University of Texas MD Anderson Cancer Center has launched the Institute for Cell Therapy Discovery and Innovation, a research center that will focus on immunology and cell engineering with the goal of creating new cancer treatments and autoimmune …
Cencora expanding services with $4.6B Retina acquisition
Drug distributor Cencora has entered into a definitive agreement to acquire Retina Consultants of America, a management services organization (MSO) of retina specialists, from Webster Equity Partners for about $4.6 billion in cash.
CerpassRx, Waltz team on AI platform to manage specialty drug spend
Independent pharmacy benefit manager CerpassRx is looking to better manage specialty drug spend by teaming up with Waltz Health on an artificial intelligence-powered platform called Intelligent Specialty Engine.
The idea is that the approach, which inc…
Cigna nixes speculation of a Humana merger
Cigna confirmed today it is not pursuing a combination with Humana.
The comments released in a statement affirming its capital priorities, dismiss reports circulating earlier this fall that Cigna and Humana were in informal talks about a potential mer…
