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.

from Section Page News - Modern Healthcare https://ift.tt/qkARY7s

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. 

from Section Page News - Modern Healthcare https://ift.tt/RuYLF4Z

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.

from Section Page News - Modern Healthcare https://ift.tt/QRiLutc

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.

from Section Page News - Modern Healthcare https://ift.tt/sy01FCP

Ohio files price-fixing lawsuit against Express Scripts, Humana, PrimeOhio files price-fixing lawsuit against Express Scripts, Humana, PrimeOhio files price-fixing lawsuit against Express Scripts, Humana, Prime

Ohio files price-fixing lawsuit against Express Scripts, Humana, Prime

Ohio Attorney General Dave Yost (R) accuses Cigna subsidiary Express Scripts, Humana Pharmacy Solutions, Prime Therapeutics and others of manipulating pharmaceutical prices.

from Section Page News - Modern Healthcare https://ift.tt/Pd1t73p

Google investor describes troubling rumors heard before Outcome Health fellGoogle investor describes troubling rumors heard before Outcome Health fellGoogle investor describes troubling rumors heard before Outcome Health fell

Google investor describes troubling rumors heard before Outcome Health fell

The prosecutor wrapped up their case with one of the major investors who lost money after the company was accused of fraud.

from Section Page News - Modern Healthcare https://ift.tt/jrYQkoc

CVS to close $8B Signify Health acquisition this weekCVS to close $8B Signify Health acquisition this weekCVS to close $8B Signify Health acquisition this week

CVS to close $8B Signify Health acquisition this week

CVS Health plans to operate Signify Health as a "payor-agnostic" home health provider and offer its services to other insurance companies.

from Section Page News - Modern Healthcare https://ift.tt/N9wMSZ8

HHS Secretary Becerra aims to keep 'pushing the envelope'HHS Secretary Becerra aims to keep 'pushing the envelope'HHS Secretary Becerra aims to keep 'pushing the envelope'

HHS Secretary Becerra aims to keep 'pushing the envelope'

In an exclusive interview, Health and Human Services Secretary Xavier Becerra spoke to Modern Healthcare about his department's achievements and future plans.

from Section Page News - Modern Healthcare https://ift.tt/BeSMD3p

Wellvana Health raises $84M from Memorial Hermann, Valtruis, othersWellvana Health raises $84M from Memorial Hermann, Valtruis, othersWellvana Health raises $84M from Memorial Hermann, Valtruis, others

Wellvana Health raises $84M from Memorial Hermann, Valtruis, others

Houston-based nonprofit Memorial Hermann Health System, private equity firm Heritage Group and venture capital firm Valtruis participated in the funding round.

from Section Page News - Modern Healthcare https://ift.tt/6i9tqwg

Tennessee transgender bill threatens to upend Medicaid contractsTennessee transgender bill threatens to upend Medicaid contractsTennessee transgender bill threatens to upend Medicaid contracts

Tennessee transgender bill threatens to upend Medicaid contracts

The leaders of the Tennessee Legislature aim to ban Medicaid contracts with health insurance companies that cover gender-affirming care, not just in the Volunteer State but anywhere in the U.S.

from Section Page News - Modern Healthcare https://ift.tt/FoDMJP3

California wants Medicaid to cover 6 months of rentCalifornia wants Medicaid to cover 6 months of rentCalifornia wants Medicaid to cover 6 months of rent

California wants Medicaid to cover 6 months of rent

States can't use Medicaid to pay directly for rent, but Gov. Gavin Newsom is asking the Biden administration to authorize a program called  "transitional rent."

from Section Page News - Modern Healthcare https://ift.tt/on2eFWR

New guidelines aim to limit trans healthcare at Catholic hospitalsNew guidelines aim to limit trans healthcare at Catholic hospitalsNew guidelines aim to limit trans healthcare at Catholic hospitals

New guidelines aim to limit trans healthcare at Catholic hospitals

Catholic hospitals make up a sizeable portion of the U.S. healthcare system and in some communities they are the only option.

from Section Page News - Modern Healthcare https://ift.tt/jgq9mQr

Outcome Health trial moves faster than expected as prosecution wraps up caseOutcome Health trial moves faster than expected as prosecution wraps up caseOutcome Health trial moves faster than expected as prosecution wraps up case

Outcome Health trial moves faster than expected as prosecution wraps up case

It’s not clear how much of a case the defense teams plan to mount when the Chicago trial resumes next week.

from Section Page News - Modern Healthcare https://ift.tt/mrLzpGH

Sutter Health lost $249M in 2022 in reversal of fortuneSutter Health lost $249M in 2022 in reversal of fortuneSutter Health lost $249M in 2022 in reversal of fortune

Sutter Health lost $249M in 2022 in reversal of fortune

Sutter Health reported a net loss of $249 million in 2022, compared with a $1.14 billion gain the prior year.

from Section Page News - Modern Healthcare https://ift.tt/GBKm2pV

Idaho hospital halts obstetrical care as abortion laws become stricterIdaho hospital halts obstetrical care as abortion laws become stricterIdaho hospital halts obstetrical care as abortion laws become stricter

Idaho hospital halts obstetrical care as abortion laws become stricter

Officials at Sandpoint-based Bonner General Health said Idaho’s legal and political climate was partly to blame.

from Section Page News - Modern Healthcare https://ift.tt/Cbf1PL8

Bon Secours Mercy Health's 2022 losses exceed $1 billionBon Secours Mercy Health's 2022 losses exceed $1 billionBon Secours Mercy Health's 2022 losses exceed $1 billion

Bon Secours Mercy Health's 2022 losses exceed $1 billion

The Cincinnati-based Catholic nonprofit health system disclosed a $1.2 billion net loss in 2022, compared with a $997.7 million gain in the prior year.

from Section Page News - Modern Healthcare https://ift.tt/KcvHB7k

Legal questions surround private equity-backed Noble HealthLegal questions surround private equity-backed Noble HealthLegal questions surround private equity-backed Noble Health

Legal questions surround private equity-backed Noble Health

The private equity-backed startup closed two rural Missouri hospitals just two years after purchasing them. It now faces legal scrutiny and several lawsuits.

from Section Page News - Modern Healthcare https://ift.tt/aCW8IGM

Bright Health's financial troubles spread to TennesseeBright Health's financial troubles spread to TennesseeBright Health's financial troubles spread to Tennessee

Bright Health's financial troubles spread to Tennessee

Bright Health Group's shaky finances have attracted negative attention from regulators in numerous states, including Florida and Tennessee.

from Section Page News - Modern Healthcare https://ift.tt/xlnyXub

Medicaid expansion clears North Carolina LegislatureMedicaid expansion clears North Carolina LegislatureMedicaid expansion clears North Carolina Legislature

Medicaid expansion clears North Carolina Legislature

If Gov. Roy Cooper (D) signs the bill as expected, North Carolina would join 39 states and the District of Columbia in expanding Medicaid eligibility for low-income adults.

from Section Page News - Modern Healthcare https://ift.tt/HCOUagu

Intermountain Health operating income plummets amid headwindsIntermountain Health operating income plummets amid headwindsIntermountain Health operating income plummets amid headwinds

Intermountain Health operating income plummets amid headwinds

Intermountain Health's merger with SCL Health bolstered the nonprofit health system's finances in 2022.

from Section Page News - Modern Healthcare https://ift.tt/iDWMQL7