Key House, Senate committees advance PBM reform billsKey House, Senate committees advance PBM reform billsKey House, Senate committees advance PBM reform bills

Key House, Senate committees advance PBM reform bills

Senate Finance and House Ways and Means committees approve legislation that would increase oversight of pharmacy benefit managers. 

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Headspace Health closes $105M debt facility weeks after layoffsHeadspace Health closes $105M debt facility weeks after layoffsHeadspace Health closes $105M debt facility weeks after layoffs

Headspace Health closes $105M debt facility weeks after layoffs

Headspace Health, a digital mental health "unicorn," closed a $105 million senior debt facility Wednesday.

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Amazon launching generative AI tool to power documentation softwareAmazon launching generative AI tool to power documentation softwareAmazon launching generative AI tool to power documentation software

Amazon launching generative AI tool to power documentation software

The product, called AWS HealthScribe, is aimed at enabling software providers to build clinical applications that use speech recognition and generative AI.

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Teladoc Health momentum continues in Q2 Teladoc Health momentum continues in Q2 Teladoc Health momentum continues in Q2

Teladoc Health momentum continues in Q2

Teladoc Health raised its yearly low-end revenue and adjusted earnings before interest, taxes, depreciation and amortization guidance after the virtual care company saw growing revenue in the second quarter.

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Universal Health Services ups earnings outlook after strong Q2 resultsUniversal Health Services ups earnings outlook after strong Q2 resultsUniversal Health Services ups earnings outlook after strong Q2 results

Universal Health Services ups earnings outlook after strong Q2 results

Universal Health Services said Tuesday it is revising its adjusted earnings per share outlook for 2023 to $9.85 to $10.50.

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Hospitals call on Congress to delay ACA Medicaid funding cuts — for the 14th timeHospitals call on Congress to delay ACA Medicaid funding cuts — for the 14th timeHospitals call on Congress to delay ACA Medicaid funding cuts — for the 14th time

Hospitals call on Congress to delay ACA Medicaid funding cuts — for the 14th time

Congress has until October to avert cuts to a Medicaid program intended to support safety-net hospitals.

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Increasing demand spurs GE HealthCare to raise full-year profit forecast Increasing demand spurs GE HealthCare to raise full-year profit forecast Increasing demand spurs GE HealthCare to raise full-year profit forecast

Increasing demand spurs GE HealthCare to raise full-year profit forecast

The Chicago-based company was spun off at the beginning of the year by longtime parent GE.

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AMA, AHIP, NAACOS issue value-based care data-sharing guidelinesAMA, AHIP, NAACOS issue value-based care data-sharing guidelinesAMA, AHIP, NAACOS issue value-based care data-sharing guidelines

AMA, AHIP, NAACOS issue value-based care data-sharing guidelines

As the first action of a new partnership, the American Medical Association, AHIP and the National Association of Accountable Care Organizations have teamed up to issue recommendations for data-sharing among value-based care arrangement participants.

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Community Health Systems to sell three Florida hospitals in $290M dealCommunity Health Systems to sell three Florida hospitals in $290M dealCommunity Health Systems to sell three Florida hospitals in $290M deal

Community Health Systems to sell three Florida hospitals in $290M deal

The for-profit system continues to cut costs by reducing its footprint, which includes nearly 80 hospitals and more than 1,000 other care sites.

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Biden administration proposes rules to boost mental health coverageBiden administration proposes rules to boost mental health coverageBiden administration proposes rules to boost mental health coverage

Biden administration proposes rules to boost mental health coverage

The rules would force health insurance companies to study patient outcomes to ensure mental health benefits are administered equally, taking into account provider networks and reimbursement rates and whether prior authorization is required.

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