Walmart steps into clinical trials, joining rivals Walgreens, CVS
The new division could become a valuable stream of revenue for Walmart from drug companies looking for participants for potential trials and studies.
BHSH renamed to Corewell Health
The health system was created in February following a merger between Michigan-based nonprofit systems Spectrum Health and Beaumont Health.
Walgreens snaps up rest of CareCentrix for $392M
The Illinois-based retailer has said the buy will expand its reach in the health sector, especially in the fast-growing areas of primary care, specialty pharmacy, post-acute and home care.
Beleaguered Bright slashes footprint, fully exiting ACA markets and restricting MA to 2 states
Bright is doubling down on its decision earlier this year to contract its business, now fully halting the sale of ACA plans to focus on care delivery and provider enablement business NeueHealth and MA in higher performing markets.
LCMC Health to acquire 3 HCA hospitals in partnership with Tulane University
Together, the two plan to expand academic medicine across Southeast Louisiana. The deal will leave HCA’s chain with one remaining hospital in the state.
Physicians are experiencing delayed COVID-19 burnout
Physician burnout has risen during the most recent phase of the COVID-19 pandemic, resulting in already exacerbated retention challenges among nurses and other healthcare workers, an MGMA survey and other recent reports have found.
Wasteful administrative costs tied to high US health spending
A Health Affairs research brief identified at least half of nonclinical health expenditures as excessive.
CVS tags Optum exec to lead new healthcare delivery division
Effective Oct. 17, Amar Desai will lead the new CVS unit, and will work to link CVS’ portfolio to develop payer-agnostic products and services.
Hospitals are hiding prices from patients, advocacy report says
Patient Rights Advocate concluded that some hospitals owned by Ascension and HCA Healthcare are omitting rates for medical services from files made public under new federal rules.
Fewer MA plans with Part D earn 4 stars in latest CMS tally
Just over half of plans received four stars or more for 2023, a sharp decrease from 68% last year.