UnitedHealth Group’s 12% growth in Medicare Advantage enrollees is slightly ahead of a Trump administration projection for the entire health insurance industry.
Walgreens CEO Stefano Pessina says the partnership with Microsoft will help create an “ecosystem” that connects its drugstores to patients and their medical care providers in communities.
Walgreens said it has formed a partnership with Microsoft Corp. to “develop new health care delivery models, technology and retail innovations to advance and improve the future of health care.”
Hospital and health system mergers involved even bigger players in 2018 as the average seller size hit $409 million in revenue, Kaufman Hall says in its annual healthcare merger review.
CVS Health CEO Larry Merlo said the drugstore giant and Aetna are “already rolling out” new services and programs to improve care for patients with chronic conditions.
Walgreens Boots Alliance said its joint venture with Humana to develop senior health clinics has to “standalone and make a profit by itself” to be successful in the long-term.
The NYSE’s notice to Rite Aid that the drugstore chain is no longer in compliance with “listing standards” may trigger a “reverse stock split,” the company said.
Health insurer Molina Healthcare said it has extended its agreement with CVS Health’s pharmacy benefit manager (PBM) through 2021 in the first major CVS win since its Aetna merger closed.