Amwell reports widening net loss, including $79M impairment charge
But the telehealth vendor’s new contract with the Defense Health Agency could support its path to profitability, management said during their third-quarter earnings call.
Walgreens appoints new CIO as leadership transition continues
Neal Sample, first appointed in an advisor capacity in October, will report to CEO Tim Wentworth as EVP and CIO.
Physicians spend more time after hours on EHR tasks post-COVID, report finds
The switch to virtual care has increased documentation burden for physicians, according to a new report published in JAMA.
Humana reports medical cost growth from MA utilization
The payer expects higher levels of Medicare Advantage utilization to continue for the remainder of the year, outgrowing past expectations.
Health AI startup Olive to shut down
The startup was once valued at $4 billion during the height of the digital health funding boom.
White House orders HHS to collect reports on healthcare AI safety
President Joe Biden outlined the planned program as part of an executive order on “safe, secure, and trustworthy” artificial intelligence.
HHS announces first ransomware settlement
Doctors’ Management Services agreed to settle claims it did not comply with HIPAA breach rules and failed to identify risks after a cyberattack exposed the information of more than 200,000 patients.
CVS beats expectations in Q3, but high costs weigh on profit outlook
The company is prepared for potential legislation forcing transparency in its pharmacy benefit manager business practices later this year, CEO Karen Lynch said on Wednesday.