Category: Healthcare Finance News

$39.4M earmarked for grants addressing SUD, mental health

Funding opportunities for grant programs addressing behavioral health are being made available by the U.S. Department of Health and Human Services, through the Substance Abuse and Mental Health Services Administration (SAMHSA), to the tune of $39.4 mil…

Walgreens sells 11 VillageMD clinics to Arches Medical Partners 

Walgreens has sold 11 VillageMD clinics in Rhode Island to Arches Medical Partners, a Boston-based medical group management company.
Terms of the transaction remain private, Arches said. 
WHY THIS MATTERS
Walgreens has been unloading VillageMD primary …

Regulators reviewing UnitedHealth’s $3.7B Amedisys acquisition

Regulators in Oregon are investigating a pending deal that would see UnitedHealth Group’s Optum subsidiary acquire home health provider Amedisys for an estimated $3.7 billion, with the regulators saying in a Securities and Exchange Commission filing th…

Congress needs to to take action to help hospitals, AHA says

The American Hospital Association is urging Congress to address any statutory constraints that prevent the Centers for Medicare and Medicaid Services and Department of Health and Human Services from adequately helping hospitals and other healthcare pro…

Highmark Health revenue grows 5%, hits $27.1B in Q4

In a 5% year-over-year increase, Highmark Health reported $27.1 billion in revenue, an operating gain of $338 million, and a net income of $533 million in 2023.
The organization attributed the results to its insurance business units, notably Highmark H…

CDC releases guide to minimize healthcare worker burnout

As part of the first federal campaign to address healthcare worker burnout, the Centers for Disease Control and Prevention’s National Institute for Occupational Safety and Health (NIOSH) has released an evidence-based guide for hospital leaders to impr…

New ACO model provides alternative for physicians to stay independent

Accountable Care Organization stakeholders are applauding the capitation payments in the new ACO Primary Care Flex Model but lament that it leaves out high-revenue ACOs.

Elevance PBM CarelonRx to buy Kroger specialty pharmacy business

Grocer The Kroger Co. has entered into a definitive agreement for the sale of its specialty pharmacy business to CarelonRx, a subsidiary of Elevance Health, the companies said this week.
Financial terms of the deal were not disclosed.

Medicare households spend more on healthcare, report finds

Those in Medicare households spend more on healthcare than those in other households – about twice as much, in fact, according to a new KFF analysis.

HIMSS24 Native American Health IT Symposium: ‘Many nations, one record’

ORLANDO – For the first time, the Indian Health Service has a contract to install a new electronic health record connecting tribal communities across 37 states. 
The initiative was a massive undertaking involving the National Indian Health Board, triba…