HCA outlines plans to expand market share by 2030
The hospital operator said Thursday it is investing billions to expand emergency services and high acuity business lines.
Walgreens lays off 5% of corporate workforce; CMO Kevin Ban departs
Yet another round of job cuts and executive turnover at Walgreens comes as the pharmacy chain looks to cut costs following poor financial performance.
Cano Health reduced its workforce by 21% in Q3
The struggling primary care chain, which is still seeking a buyer, has exited from several state markets.
Optum Rx moves 8 insulins to preferred formulary status as pressure mounts on PBMs
The drugs shifting to preferred status — meaning they’ll be available to consumers for under $35 a month in out-of-pocket costs — were previously on tier three or excluded altogether from the PBM’s formulary lists.
Senate subcommittee mulls guardrails for healthcare AI
The technology could reduce clinicians’ administrative work or speed drug discovery, but the rapidly evolving field may need more human oversight to prevent harm, lawmakers and witnesses said.
For-profit hospital operators strained by physician fees, payer relations in Q3
With the exception of HCA, the biggest U.S. health systems all reported lower year-over-year profits in the third quarter.
Nonprofit hospitals upgraded to ‘stable’ outlook: Moody’s
The credit ratings agency expects nonprofit hospitals to start financially recovering next year on improving patient volumes, reimbursement rates and cash flows.
Medicare Advantage seniors have better health outcomes, study finds
New research from Harvard and Inovalon found MA beneficiaries had fewer hospital readmissions, fewer preventable hospitalizations and lower rates of high-risk medication use than those in traditional Medicare.
Biggest takeaways from health insurers’ third-quarter earnings
Many payers beat Wall Street expectations in the quarter, despite ongoing utilization concerns. Other hot topics? Medicare Advantage stars, Medicaid redeterminations, individual exchange growth and GLP-1s.
Healthcare financial strain is ‘widespread’ in U.S., study finds
The analysis adds to a growing body of research highlighting the burden of healthcare costs in the U.S., even for families with higher incomes.