Thursday, March 30, 2023

ER software startup gets backing from GV, Salesforce VenturesER software startup gets backing from GV, Salesforce VenturesER software startup gets backing from GV, Salesforce Ventures

ER software startup gets backing from GV, Salesforce Ventures

Florence has been operating quietly the last two years and has integrated its tech with EHR systems from Epic, Cerner and Meditech. 



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Wednesday, March 29, 2023

CVS Health completes $8B Signify Health dealCVS Health completes $8B Signify Health dealCVS Health completes $8B Signify Health deal

CVS Health completes $8B Signify Health deal

Signify Health CEO Kyle Armbrester said the newest division of CVS Health will serve other insurance companies, not just its corporate sister, Aetna.



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Beyond the Byline: Silicon Valley Bank collapseBeyond the Byline: Silicon Valley Bank collapseBeyond the Byline: Silicon Valley Bank collapse

Beyond the Byline: Silicon Valley Bank collapse

Reporters Alex Kacik and Brock E.W. Turner and deputy editor Gabe Perna discuss the Silicon Valley Bank collapse and its aftermath.



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Major insurers to ease prior authorizations ahead of federal crackdownMajor insurers to ease prior authorizations ahead of federal crackdownMajor insurers to ease prior authorizations ahead of federal crackdown

Major insurers to ease prior authorizations ahead of federal crackdown

UnitedHealth Group and Cigna are relaxing prior authorization processes days before federal regulators are expected to finalize an overhaul of their administrative processes.



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Aftermath of Silicon Valley Bank collapse lingers at ViVE 2023Aftermath of Silicon Valley Bank collapse lingers at ViVE 2023Aftermath of Silicon Valley Bank collapse lingers at ViVE 2023

Aftermath of Silicon Valley Bank collapse lingers at ViVE 2023

Digital health leaders at Florida's Baptist Health and other health systems have grown hesitant to partner with startups that haven’t proven return on investment.



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Tuesday, March 28, 2023

Texas declares Friday Health Plans insolvent, seizes assetsTexas declares Friday Health Plans insolvent, seizes assetsTexas declares Friday Health Plans insolvent, seizes assets

Texas declares Friday Health Plans insolvent, seizes assets

Friday Health Plans reported a $244.4 million shortfall in Texas at the end of 2022. Rival health insurance companies will be left holding the bag.



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Walgreens bets big on VillageMD as it expands healthcare servicesWalgreens bets big on VillageMD as it expands healthcare servicesWalgreens bets big on VillageMD as it expands healthcare services

Walgreens bets big on VillageMD as it expands healthcare services

Sales for Walgreens' U.S. healthcare segment exceeded $1.6 billion in the second quarter, compared with $527 million a year ago.



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At ViVE, Amazon details latest virtual health, cloud computing ambitionsAt ViVE, Amazon details latest virtual health, cloud computing ambitionsAt ViVE, Amazon details latest virtual health, cloud computing ambitions

At ViVE, Amazon details latest virtual health, cloud computing ambitions

Amazon’s Dr. Nworah Ayogu said the company is no stranger to furthering innovation in challenging industries. 



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Bright Health to pursue reverse stock split to stay solventBright Health to pursue reverse stock split to stay solventBright Health to pursue reverse stock split to stay solvent

Bright Health to pursue reverse stock split to stay solvent

Bright Health Group shares are at risk of being delisted from the New York Stock Exchange and forced into the over-the-counter markets.



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Oscar’s Schlosser out as CEO, ex-Aetna chief Bertolini inOscar’s Schlosser out as CEO, ex-Aetna chief Bertolini inOscar’s Schlosser out as CEO, ex-Aetna chief Bertolini in

Oscar’s Schlosser out as CEO, ex-Aetna chief Bertolini in

Oscar Health, billed as a health insurance company for the 21st century, has hired Mark Bertolini, the ex-CEO of 19th century insurer Aetna, as chief executive.



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